21,139 SF ABSOLUTE NET LEASE INVESTMENT OPPORTUNITYService King Collision Repair, headquartered in Richardson, Texas, and founded in Dallas in 1976, is one of the largest independent

CONFIDENTIAL OFFERING MEMORANDUM21,139 SF ABSOLUTE NET LEASE INVESTMENT OPPORTUNITY

SEC COOKS LANE & INTERSTATE 30 | FORT WORTH, TEXAS

EXCLUSIVE LISTING BROKER:

BRANDON BEESONPrincipal

[email protected] 214.545.6916

SERVICE KINGCONFIDENTIAL OFFERING MEMORANDUM

5950 Berkshire Lane, Suite 700Dallas, Texas 75225

214.545.6900 | edge-cm.com

TABLE OF CONTENTS

EXECUTIVE SUMMARY 4

I N V E ST M EN T OV ERV I E W 5

E X ECU T I V E SU M M A RY 6

THE PROPERTY 7

DETA I LS 8

LOCAT ION M A P 9

A ER I A L 10

THE FINANCIALS 12

F I NA NCI A L SU M M A RY 13

R EN T SCH EDU L E 14

L E A SE A BST R ACT 15

T ENA N T PROF I L E 16

THE MARKET 17

M A R K ET OV ERV I E W - T E X A S 18

M A R K ET OV ERV I E W - DA L L A S -FORT WORT H M ET ROPL E X 19

DEMOGR A PH ICS 2 2

DISCLAIMER 26

property ANALYSIS title page

EXECUTIVE SUMMARY

Ser v ice K ing / 5EDGE Capi ta l Market s

INVESTMENT OVERVIEW

Service King (“Property”) is a brand new 21,139 square foot single tenant building located at Cooks Lane and I-30 in Fort Worth, Texas. The Property sits in a prime location in a dense residential and retail area that offers direct interstate access and visibility on I-30. It is located within a mile of major retailers including Sam’s Club, Lowe’s Home Improvement and Target. The Property offers a rare opportunity for a long-term, stabilized cash flow from a global company.

ADDRESS

7911 EDERVILLE ROAD FORT WORTH, TEX AS 76120

GL A

21,139 SF

L AND ARE A

± 3 ACRES

PRICE

$5,621 ,078

C AP R ATE

5.75%

YE AR BUILT

2018

PARKING

121 SPACES INCLUDING 6 HANDICAP

TR AFFIC COUNTS ( ‘ 16 )I-30

130,540 CPD • Zero landlord responsibilities - absolute

NNN lease• Strong tenant - Service King is the national

leader of collision repair centers• New, 20-year corporate lease with options

and rent bumps

• Over 130,540 cars per day via I-30• Brand new, high quality construction• Long-term, stabilized cash flow• 243,074 people within 5-mile radius from

site


TOP INVESTOR MARKETThe Dallas-Fort Worth Metroplex is the 4th largest metropolitan area in the nation. According to data from the US Census Bureau, the DFW Metroplex gains another resident every four minutes. The local economy has added jobs at one of the fastest rates in the nation, averaging more than 100,000 per year since 2012, outpacing the national economy and resetting the bar for market performance. Given that Dallas-Fort Worth has one of the best economies in the country, consumer spending has steadily increased along with job growth and in-migration, resulting in condensed vacancies and higher rents.

TROPHY LOCATIONFort Worth is the 16th largest city in the United States and welcomes more than 8.8 million visitors annually to its eight primary entertainment districts each offering distinct dining, shopping, entertainment, and cultural amenities. The Property sits on 3 acres along I-30, which is a major thoroughfare in Fort Worth and has traffic volumes of 130,540 vehicles per day. Service King is conveniently located within a mile of Eastchase Market, which is a shopping center offering national and regional retail stores, dining options and a multiplex theater.

A large pylon sign will be installed to be visible from I-30. Traffic will come either from the dedicated exit at Cooks or off Ederville from the Target/WalMart side. Service King is a destination tenant that depends on high visibility (typically freeway) but don’t necessarily need the best access for people bringing cars for repair. A typical customer is told by an insurance company where they can get their car repaired in their area, so visibility is much more important than ease of access.

EXECUTIVE SUMMARY

property ANALYSIS title page

THE PROPERTY


DETAILS

ADDRESS 7911 EDERVILLE ROADFORT WORTH, T X 76120

LAND AREA ± 3 AC

GLA 21 ,139 SF

YEAR BUILT 2018

OCCUPANCY 100%

PARKING 121 SPACES INCLUDING 6 HANDICAP13. 35 PER 1 ,000 SF

ZONING C1

TA X AUTHORIT Y / ID TARR ANT COUNT Y / 41460359

TA X VALUE / RATE $5,553 / 2 .83%

BUILDING EXTERI -OR STONE AND METAL EX TERIOR

ROOF FL AT

1 Mile 3 Mile 5 MilePOPULATION2017 Population (est.) 11,367 79,724 243,074

2022 Population (prj.) 8,727 63,101 109,446

Projected Growth 2010-2023 2.2% 2.0% 1.8%

INCOME2017 Avg. HH Income (est.) $60,286 $71,417 $70,521


LOCATION MAP

WAXAHACHIE

DESOTO

DUNCANVILLE

FORT WORTH

GRAPEVINE

CARROLLTON

FRISCO

DENTON

MCKINNEY

WEATHERFORDDALLAS

MESQUITE

DFW AIRPORT

DALLAS LOVEFIELD AIRPORT

PROSPER

THE COLONY

COPPELL

FLOWERMOUND

LEWISVILLE

ALLEN

PLANO

KELLER

NORTHRICHLAND

HILLSLAKE WORTH

AZLE

BURLESON

MANSFIELD

MIDLOTHIAN

CEDAR HILLKAUFMAN

TERRELL

RICHARDSON

GRANBURY

IRVING

ARLINGTON

30

35E20

820

35W

635

75

175

121

161

360

114

12

35

35E

380

287

ROCKWALLGARLAND

ROWLETT

WYLIE

20

635

20

205

287

67

67

80

FARMERSVILLE

COO

KS L

N

30

EAST

CHAS

E PK

WY

MEADOWBROOK BLVD

JOHN T WHITE RD

SAND

Y LN

BRENTWOOD STAIR RD

820

TEX AS CHRISTIAN UNIVERSIT YEnrollment of 10,323 students

AT&T STADIUM Home of the Dallas Cowboys

GLOBE LIFE PARK Home of the Texas Rangers

AMERICAN AIRLINES CENTER Home of the Dallas Mavericks

SOUTHERN METHODIST UNIVERSIT Y Enrollment of more than 11,000 students

1

2

3

4

5

12

34

5

SERVICE KING


AERIAL


AERIAL

property valuation title page

THE FINANCIALS


FINANCIAL SUMMARY

ANALYSIS SUMMARY PROPOSED DEBT STRUCTURE

ANALYSIS START DATE 6/1/2018 LOAN AMOUNT $3,653,701

HOLD PERIOD 10 Years LTV 65.00%

LAND AREA 130,680 INITIAL LOAN AMOUNT $3,653,701

GLA 21,139 INTEREST RATE 5.25%

OCCUPIED GLA 21,139 TERM (YEARS) 10 years

IN-PLACE OCCUPANCY 100.00% AMORTIZATION (YEARS) 25 years

INTEREST ONLY (MONTHS) 0 months

PURCHASE SUMMARY MONTHLY PAYMENT $21,895

PRICE $5,621,078 ANNUAL PAYMENT $262,737

PRICE PSF (IMPROVEMENTS) $265.91 LOAN FEE 1.00%

PRICE PSF (LAND) $43.01 EQUITY REQUIRED $1,967,377

IN-PLACE NOI $323,212 IN-PLACE DSCR (AMORTIZING) 1.23x

IN-PLACE CAP RATE 5.75% DEBT YIELD* 6.70%

YEAR 1 NOI $323,212 DEBT CONSTANT 7.19%

YEAR 1 CAP RATE 5.75%

REVERSION ANALYSIS

YEAR 11 NOI $391,086

RESIDUAL CAP RATE 6.25%

SALES PRICE $6,257,376

PRICE PSF (IMPROVEMENTS) $296.01

PRICE PSF (LAND) $47.88

RETURNS (SEE PROPOSED DEBT STRUCTURE)

ALL-CASH LEVERAGED

IRR 6.34% 7.71%

MULTIPLE 1.65x 1.96x

AVG CASH ON CASH / YIELD ON EQUITY 6.04% 3.82%


TENANT SF TERM YEARS LEASE DATES MONTHLY BASE RENT ANNUAL BASE RENT ANNUAL RENT

PSF% RENTAL INCREASE LEASE TYPE

1 - 5 June 1, 2018 - May 31, 2023 $26,934.33 $323,211.96 $15.29 -

6 - 10 June 1, 2023 - May 31, 2028 $29,627.77 $355,533.24 $16.82 10.00%

11 - 15 June 1, 2028 - May 31, 2033 $32,590.54 $391,086.48 $18.50 10.00%

16 - 20 June 1, 2033 - May 31, 2038 $35,849.60 $430,195.20 $20.35 10.00%

16 - 20 (Option 1) June 1, 2038 - May 31, 2043 $39,434.56 $473,214.72 $22.39 10.00%

21 - 25 (Option 2) June 1, 2043 - May 31, 2048 $43,378.02 $520,536.24 $24.62 10.00%

26 - 30 (Option 3) June 1, 2048 - May 31, 2053 $47,715.82 $572,589.84 $27.09 10.00%

Service King - Cooks Lane 21,139

BASE TERM: 20 YEARS

NNN

REMAININGRENEWAL OPTIONS:

3 x 5-YEARS

RENT SCHEDULE


LEASE ABSTRACT

TENANT:

SQUARE FOOTAGE:

LAND AREA:

ADDITIONAL SQUARE FOOTAGE: N/A

SPECIFIC USE:

DOCUMENTATION:

RENT COMMENCEMENT DATE:

LEASE EXPIRATION DATE:

TERM:

SECURITY DEPOSIT:

Period Per Month Annual PSF

June 1, 2018 - May 31, 2023 $26,934.33 $323,211.96 $15.29

June 1, 2023 - May 31, 2028 $29,627.77 $355,533.24 $16.82

June 1, 2028 - May 31, 2033 $32,590.54 $391,086.48 $18.50

June 1, 2033 - May 31, 2038 $35,849.60 $430,195.20 $20.35

Remaining Renewal Options

Term 1: June 1, 2038 - May 31, 2043 $39,434.56 $473,214.72 $22.39

Term 2: June 1, 2043 - May 31, 2048 $43,378.02 $520,536.24 $24.62

Term 3: June 1, 2048 - May 31, 2053 $47,715.82 $572,589.84 $27.09

RENEWAL OPTION(S):

CAM PAYMENTS:

INSURANCE PAYMENTS:

RE TAX PAYMENTS:

UTILITIES:

TENANT MAINTENANCE:

LANDLORD MAINTENANCE:

PERCENTAGE RENT:

BREAKPOINT:

EXECUTOR:

GUARANTOR:

ASSIGNEE:

CO-TENANCY/TERMINATION:

EXCLUSIVES / RESTRICTIONS:

ESTOPPEL CERTIFICATE:

ADDITIONAL INFORMATION:

Upon written request of landlord or tenant, the other party shall execute or deliver statement to such party within 10 days.

N/A

BASE RENT:

3, 5-year renewal options remaining. Tenant must provide written notice no later than 180 days of the expiration of the Lease Term or the preceding Extension of the Lease Term, whichever is applicable.

N/A

Tenant pays insurance provider directly.

Tenant pays tax authority directly.

Tenant pays directly for all utility services incurred on the premises.

Tenant shall be fully responsible, at tenant expense, for all repair, maintenance and management services. Tenant shall, at all times, keep all portions of the premises in good order, condition and repair, ordinary wear and tear excepted, including but not limited to maintenance, repairs and all necessary replacements of the roof, foundation, structural components, windows, plate glass, doors, overhead doors, heating system, ventilating equipment, air conditioning, equipment, electrical and lighting, fire protection sprinkler system, interior and exterior plumbing, pest control, down spouts, gutters, paving, and all landscaping.

None

N/A

N/A

Service King Paint & Body LLC

N/A

N/A

N/A

Tenant pays CAM directly.

June 1, 2018

May 31, 2038

20 Years

None

Service King

21,139

3 acres

Premises may be used for a collision repair center / automobile body shop.

Original lease dated May 19, 2017. First amendment dated March 20, 2018.


TENANT PROFILE

Service King Collision Repair, headquartered in Richardson, Texas, and founded in Dallas in 1976, is one of the largest independent collision repair service operators in the United States, and the largest in Texas. Service King provides various automotive services such as dent repair and glass repair, as well as paint and hail-damage services.

Between August 2012 and August 2014, The Carlyle Group held majority ownership and facilitated Service King’s expansion from 47 Texas locations to 177 locations across 20 states and increased the employee count from 1,457 to 4,087. The Blackstone Group, one of the world’s leading investment firms, acquired majority ownership of Service King Repair Centers in August of 2014, and The Carlyle Group re-invested in the newly capitalized company.

As of 2017, the company has an annual revenue of more than $1 billion with 337+ locations in 24 states across the United States including: Texas, California, Washington, Nevada, Utah, Arizona, Colorado, Oklahoma, Arkansas, Mississippi, Illinois, Tennessee, Michigan, Ohio, Pennsylvania, New York, Maryland, Virginia, North Carolina, Georgia, and Florida.

SIZE 21 ,139 SF

% OF GLA 100%

STOCK SYMBOL PRIVATE

# OF LOCATIONS 337+

WEBSITE SERVICEKING.COM

property valuation title page

THE MARKET


MARKET OVERVIEW - TEX AS

POPUL ATION

26,956,958

FASTEST GROWINGECONOMYIN THE U.S.

DALLAS# 3 FA ST E ST GROW I NG CI T Y 2 015

#1 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y

FORT WORTH# 8 FA ST E ST GROW I NG CI T Y 2 015

HOUSTON #1 FA ST E ST GROW I NG CI T Y 2 015

# 7 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y

AUSTIN # 2 FA ST E ST GROW I NG CI T Y 2 015

#12 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y

SAN ANTONIO#10 FA ST E ST GROW I NG CI T Y 2 015

#15 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y2nd

TOP STATE FOR JOB GROW TH457,000 JOBS CREATED IN 2014

L A RGE ST CI V I L I A NL A BOR WOR K FORCE:

13+ MILLION WORKERS

54 L A RGE ST M EDICA L CEN T ER Texas Medical Center, Houston 2N D L A RGE ST CA NCER CEN T ER MD Anderson, Houston

OVER 3,000 COMPANIES HAVE LOCATED OR EXPANDED FACILITIES IN TEXAS SINCE 2009

BEST STATE FOR BUSINESSFOR THE 10TH YEAR IN A ROW BYCHIEF EXECUTIVE MAGAZINE

AWA R DED 2 014 GOV ER NOR’S CU P FOR THE MOST NEW & EXPANDED CORPORATE FACILITIES: 689

NO STATE INCOME TAX

2nd

FORT U N E 50 0 COM PA N IE SCA L L T EX A S HOM E


MARKET OVERVIEW - DALLAS -FORT WORTH METROPLEX

ECONOMIC & CU LTU R A L

HUB OF NORTH TEXAS

LARGESTMETROPOLITAN AREA IN THE U.S.

LARGESTMETROPOLITAN AREA IN TEXAS

FASTEST R ATE OF JOB GROW THOF A N Y U. S . M ET ROPOL I TA N A R E A3.7% GROWTH OVER THE PAST YEAR

4th

#3 / DA LL AS#5 / FORT WORTH

FASTEST-GROWINGCITIES IN THE U.S.

1,200,000N E W R E SI DE N TS A DDE DOV E R T H E L A ST DEC A DE

DEMOGR A PHICS

POPULATION 6,993,185

TOTAL HOUSEHOLDS 2,552,859

AVERAGE HOUSEHOLD INCOME $81,226

MEDIAN AGE 33.7

BACHELOR DEGREE + 34.20%

TOTAL EMPLOYEES 3,375,900

L A RGEST EMPLOY ERS

WAL-MART STORES INC. 52,700 Employees

AMERICAN AIRLINES GROUP INC. 23,700 Employees

BAYLOR HEALTH CARE SYSTEM 22,000 Employees

DALLAS INDEPENDENT SCHOOL DISTRICT 20,793 Employees

TEXAS HEALTH RESOURCES 16,205 Employees

BANK OF AMERICA 15,400 Employees

CITY OF DALLAS 13,000 Employees

JPMORGAN CHASE BANK N.A. 13,000 Employees

TEXAS INSTRUMENTS INC. 13,000 Employees

LOCKHEED MARTIN AERONAUTICS CO. 12,600 Employees

CENTRALLY LOCATED W IT HI N A FOU R HOU R F LIGH T F ROMA N Y M A JOR U.S. CIT Y

21 FORT U N E 50 0 COMPA NIES BA SED IN DA L L A S -FORT WORT H



BILLY BOB’S TEX A SLARGEST HONKY TONK IN THE WORLD

STATE FA IR OF TEX A SLARGEST STATE FAIR IN THE U.S.

DA LL A S A RTS DISTR ICTLARGEST URBAN ARTS DISTRICT IN THE U.S.

M A JOR UNI V ERSITIES

UNIVERSITY OF NORTH TEXAS 36,216 Students

THE UNIVERSITY OF TEXAS AT ARLINGTON 34,899 Students

THE UNIVERSITY OF TEXAS AT DALLAS 23,095 Students

TEXAS WOMEN'S UNIVERSITY 15,075 Students

SOUTHERN METHODIST UNIVERSITY 12,321 Students

TEXAS A&M UNIVERSITY - COMMERCE 11,272 Students

TEXAS CHRISTIAN UNIVERSITY 10,033 Students

DALLAS BAPTIST UNIVERSITY 5,445 Students

TEXAS WESLEYAN UNIVERSITY 2,606 Students

UNIVERSITY OF DALLAS 2,545 Students

UNIVERSITY OF NORTH TEXAS - DALLAS 2,575 Students

UT SOUTHWESTERN MEDICAL CENTER 1,844 Students

95.8%

DALLAS/FORT WORTH INTERNATIONAL AIRPORT: 3RD BUSIEST AIRPORT IN THE WORLD

DALLAS LOVE FIELD AIRPORT: CORPORATE HEADQUARTERS OF SOUTHWEST AIRLINES

44,100,000A N N UA L V I SI TOR S

HOME SALE PRICES UP FROM 2014 (2x NATIONAL RATE)

8.6%

LOWEST COST OF LIVINGOF T EN L A RGEST U.S.M ET ROPOLITA N A R E A S



$120,943,919,400GROS S A N N UA L R ETA IL SA L E S

3,977,827 SF U N DER CONST RUCT ION

1,601,852 SF N ET A BSOR P T ION

900,310 SF COM PL ET IONS

92.5% OCCUPA NCYR ATE

$1.06 PSFAV ER AGE R EN TA L R AT E S

R ETA IL M A R K ET MULTI-FA MILY M A R K ET

16,581 UNITS U N DER CONST RUCT ION

5,765 UNIT N ET A BSOR P T ION

2,479 UNIT COM PL ET IONS

92.7% OCCUPA NCYR ATE


DEMOGRPAHICS

1 M I R A DI US 3 M I R A DI US 5 M I R A DI US

POPUL ATION

E ST I M AT E D POP U L AT ION (2 017) 11,367 79,724 243,074A DJ UST E D DAY T I M E DE MOGR A P H IC S AGE 16 OR OV E R (2 017) 5,935 38,012 164,182E ST I M AT E D HOUS E HOL DS (2 017) 4,775 31,681 94,832

P ROJ ECT E D A N N UA L GROW T H 2 010 TO 2 0 2 2 2.2% 2.0% 1.8%

P ROJ ECT E D POP U L AT ION (2 0 2 2) 12,443 87,211 266,641P ROJ ECT E D HOUS E HOL DS (2 0 2 2) 5,114 34,048 102,245

TOTA L E M P LOY E E S (2 017) 2,851 15,902 93,692TOTA L DAY T I M E AT HOM E POP U L AT ION (2 017) 3,084 22,110 70,490TOTA L E M P LOY E E S (% OF DAY T I M E POP U L AT ION 2 017) 48.0% 41.8% 57.1%DAY T I M E AT HOM E (% OF DAY T I M E POP U L AT ION 2 017) 52.0% 58.2% 42.9%

BUSINESS DEMOGR APHICS

TOTA L BUSI N E S S E S 203 1,822 8,763COM PA N Y H E A DQUA RT E R BUSI N E S S E S - 2 28

TOTAL AGE DISTRIBUTION

% POP U L AT ION AGE 0 - 9 15.5% 14.4% 13.6%# POP U L AT ION AGE 0 - 9 1,765 11,476 33,068

AGE U N DE R 5 Y E A R S 937 5,954 17,037AGE 5 TO 9 Y E A R S 828 5,522 16,031AGE 10 TO 14 Y E A R S 709 5,196 15,769AGE 15 TO 19 Y E A R S 623 4,881 16,302AGE 2 0 TO 2 4 Y E A R S 949 5,560 18,650AGE 2 5 TO 2 9 Y E A R S 1,139 6,452 19,084AGE 3 0 TO 3 4 Y E A R S 950 5,894 16,885AGE 35 TO 3 9 Y E A R S 829 5,568 15,604AGE 4 0 TO 4 4 Y E A R S 697 5,017 14,423AGE 4 5 TO 4 9 Y E A R S 699 5,138 14,954AGE 5 0 TO 5 4 Y E A R S 698 5,092 15,063AGE 55 TO 5 9 Y E A R S 711 5,144 15,580


DEMOGRAPHICS


TOTAL AGE DISTRIBUTION

AGE 6 0 TO 6 4 Y E A R S 582 4,404 13,463AGE 6 5 TO 6 9 Y E A R S 434 3,496 11,002AGE 70 TO 74 Y E A R S 278 2,656 8,515AGE 75 TO 7 9 Y E A R S 159 1,704 5,971AGE 8 0 TO 8 4 Y E A R S 77 1,095 4,269AGE 8 5 Y E A R S OR OV E R 67 951 4,472M E DI A N AGE 31.9 35.4 35.9

R ACE & ETHNICIT Y

% W H I T E 35.5% 49.2% 55.8%% BL ACK OR A F R IC A N A M E R IC A N 50.6% 35.2% 25.4%% A M E R IC A N I N DI A N OR A L A S K A NAT I V E 0.4% 0.5% 0.6%% A SI A N 5.1% 4.7% 5.1%% H AWA I I A N OR PACI F IC I S L A N DE R 0.1% 0.2% 0.2%% H I S PA N IC POP U L AT ION 14.7% 19.8% 24.6%% NOT H I S PA N IC POP U L AT ION 85.3% 80.2% 75.4%

HOUSEHOLD INCOME

E ST I M AT E D M E DI A N HOUS E HOL D I NCOM E $53,068 $58,493 $57,012E ST I M AT E D AV E R AGE HOUS E HOL D I NCOM E $60,286 $71,417 $70,521E ST I M AT E D P E R C A PI TA I NCOM E $25,333 $28,410 $27,589

HOUSEHOLD INCOME DISTRIBUTION

% H H I NCOM E U N DE R $10 ,0 0 0 8.2% 6.6% 6.8%% H H I NCOM E $10 ,0 0 0 TO $14 , 9 9 9 8.7% 5.9% 5.5%% H H I NCOM E $15,0 0 0 TO $ 2 4 , 9 9 9 12.9% 10.9% 11.4%% H H I NCOM E $ 2 5,0 0 0 TO $ 3 4 , 9 9 9 9.4% 10.0% 10.8%% H H I NCOM E $ 35,0 0 0 TO $ 4 9, 9 9 9 10.9% 13.5% 13.6%% H H I NCOM E $ 5 0 ,0 0 0 TO $74 , 9 9 9 15.6% 17.9% 18.7%% H H I NCOM E $75,0 0 0 TO $ 9 9, 9 9 9 13.3% 11.5% 10.9%% H H I NCOM E $10 0 ,0 0 0 TO $12 4 , 9 9 9 9.6% 8.2% 7.7%% H H I NCOM E $12 5,0 0 0 TO $14 9, 9 9 9 5.1% 5.1% 4.9%% H H I NCOM E $15 0 ,0 0 0 TO $19 9, 9 9 9 3.5% 5.3% 4.9%% H H I NCOM E $ 2 0 0 ,0 0 0 OR MOR E 2.8% 5.1% 4.8%


DEMOGRAPHICS


EDUCATIONAL ATTAINMENT

A DU LT POP U L AT ION AGE 2 5 Y E A R S OR OV E R 7,320 52,611 159,285% E L E M E N TA RY (GR A DE L E V E L 0 TO 8) 2.4% 4.2% 6.1%% SOM E H IGH SCHOOL (GR A DE L E V E L 9 TO 11) 8.0% 8.4% 9.2%% H IGH SCHOOL GR A DUAT E 29.8% 26.1% 25.3%% SOM E COL L EGE 25.6% 24.7% 24.4%% A S SOCI AT E DEGR E E ON LY 7.8% 7.7% 7.1%% BACH E LOR DEGR E E ON LY 19.2% 19.3% 18.6%% GR A DUAT E DEGR E E 7.3% 9.6% 9.3%

HOUSING UNITS

TOTA L HOUSI NG U N I TS 4,775 31,681 94,832% HOUSI NG U N I TS OW N E R- OCC U PI E D 43.2% 54.5% 51.4%% HOUSI NG U N I TS R E N T E R- OCC U PI E D 56.8% 45.5% 48.6%

2010 CENSUS DEMOGR APHICS

CE NSUS POP U L AT ION (2 010) 9,683 69,556 216,104CE NSUS POP U L AT ION I N HOUS E HOL DS (2 010) 9,676 69,234 213,044

% FA M I LY HOUS E HOL DS (2 010) 59.3% 64.2% 63.3%% NON-FA M I LY HOUS E HOL DS (2 010) 40.7% 35.8% 36.7%

F E M A L E POP U L AT ION (2 010) 5,304 36,646 111,585% F E M A L E POP U L AT ION (2 010) 54.8% 52.7% 51.6%M A L E POP U L AT ION (2 010) 4,379 32,910 104,519% M A L E POP U L AT ION (2 010) 45.2% 47.3% 48.4%

2010 HOME VALUE

% HOM E VA LU E S U N DE R $10 ,0 0 0 0.7% 1.5% 1.1%% HOM E VA LU E S $10 ,0 0 0 TO $ 2 4 , 9 9 9 0.7% 1.7% 1.5%% HOM E VA LU E S $ 2 5 ,0 0 0 TO $ 3 4 , 9 9 9 0.2% 0.3% 0.6%% HOM E VA LU E S $ 35 ,0 0 0 TO $ 4 9, 9 9 9 0.3% 1.0% 1.7%% HOM E VA LU E S $ 5 0 ,0 0 0 TO $ 5 9, 9 9 9 0.7% 1.4% 1.8%% HOM E VA LU E S $ 6 0 ,0 0 0 TO $ 6 9, 9 9 9 1.3% 2.7% 2.8%% HOM E VA LU E S $70 ,0 0 0 TO $7 9, 9 9 9 1.7% 3.1% 3.0%


DEMOGRAPHICS


2010 HOME VALUE

% HOM E VA LU E S $ 8 0 ,0 0 0 TO $ 8 9, 9 9 9 3.7% 5.0% 5.2%% HOM E VA LU E S $ 9 0 ,0 0 0 TO $ 9 9, 9 9 9 5.0% 4.8% 4.9%% HOM E VA LU E S $10 0 ,0 0 0 TO $12 4 , 9 9 9 15.9% 10.2% 11.3%% HOM E VA LU E S $12 5,0 0 0 TO $14 9, 9 9 9 18.2% 14.3% 12.2%% HOM E VA LU E S $15 0 ,0 0 0 TO $174 , 9 9 9 12.4% 11.9% 11.8%% HOM E VA LU E S $175,0 0 0 TO $19 9, 9 9 9 9.0% 8.7% 9.1%% HOM E VA LU E S $ 2 0 0 ,0 0 0 TO $ 2 4 9, 9 9 9 8.0% 10.3% 11.2%% HOM E VA LU E S $ 2 5 0 ,0 0 0 TO $ 2 9 9, 9 9 9 6.7% 7.7% 7.3%% HOM E VA LU E S $ 3 0 0 ,0 0 0 TO $ 3 9 9, 9 9 9 7.9% 7.4% 7.1%% HOM E VA LU E S $ 4 0 0 ,0 0 0 TO $ 4 9 9, 9 9 9 2.6% 3.5% 3.3%% HOM E VA LU E S $ 5 0 0 ,0 0 0 TO $74 9, 9 9 9 2.3% 2.8% 2.7%% HOM E VA LU E S $75 0 ,0 0 0 TO $ 9 9 9, 9 9 9 1.8% 1.0% 0.9%% HOM E VA LU E S $1,0 0 0 ,0 0 0 OR MOR E 0.8% 0.5% 0.5%

OW N E R- OCC U PI E D M E DI A N HOM E VA LU E $156,832 $161,756 $158,686


EDGE Realty Capital Markets exclusively presents the listing of Service King (“Property”) for your acquisition. The owner is offering for sale the Property through its exclusive listing with the team.

EDGE Realty Capital Markets and owner provides the material presented herein without representation or warranty. A substantial portion of information must be obtained from sources other than actual knowledge and not all sources can be absolutely confirmed. Moreover, all information is subject to changes by the parties involved as to price or terms before sale, to withdrawal of the Property from the market, and to other events beyond the control of EDGE Realty Capital Markets or owner. No representation

is made as to the value of this possible investment other than hypothetical scenarios. It is encouraged that you or any of your affiliates consult your business, tax and legal advisors before making a final determination of value or suitability of the Property for acquisition.

As a condition of EDGE Realty Capital Markets’ consent to communicate the information contained herein–as well as any information that may be communicated to you subsequently either verbally or in writing by EDGE Realty Capital Markets, owner or agents of either of these parties regarding the Property–it is required that you agree to treat all such information confidentially.

DISCLAIMER

SEC COOKS LANE & INTERSTATE 30 | FORT WORTH, TEXAS

EXCLUSIVE LISTING BROKER:

BRANDON BEESONPrincipal

[email protected] 214.545.6916

SERVICE KINGCONFIDENTIAL OFFERING MEMORANDUM

5950 Berkshire Lane, Suite 700Dallas, Texas 75225

214.545.6900 | edge-cm.com

Documents

21,139 SF ABSOLUTE NET LEASE INVESTMENT OPPORTUNITYService King Collision Repair, headquartered in Richardson, Texas, and founded in Dallas in 1976, is one of the largest independent