Arbor Crossing - Flower Mound, TX

INCOME & EXPENSES CURRENT PSFBase Rent - Occupied Space 100% $400,353 $20.89

Base Rent - Lease Up Space $0 $0.00

GROSS POTENTAL RENT $400,353 $20.89

Exp. Reimb.

Real Estate Taxes $95,820 $5.00

Insurance $14,958 $0.78

CAM $78,247 $4.08

Mgmt. Fee $13,713 $0.72

Total Exp. Reimb. $202,739 $10.58

GROSS POTENTIAL INCOME $603,092 $31.47

Vacancy Factor (economic) 0.00% $0 $0.00

EFFECTIVE GROSS INCOME $603,092 $31.47

Expenses

Real Estate Taxes ($95,820) ($5.00)

Insurance ($14,958) ($0.78)

CAM ($80,564) ($4.20)

Mgmt. Fee (% of GPI) 3.00% ($18,093) ($0.94)

Total Expenses ($209,435) ($10.93)

NET OPERATING INCOME $393,657

OFFERING SUMMARYPrice $5,830,000 Cap Rate 6.75%Net Operating Income $393,657 Price PSF $304.20Occupancy 100.0%Year Built 2007Gross Leasable Area 19,165 SFLot Size 2.47 Acres

Arbor Crossing5810 Long Prairie RdFlower Mound, TX 75028

JASON VITORINO469.844.8887 | [email protected]

SUITE TENANT SQ FT% OF SQ FT

START ENDANNUAL

RENTPSF ESCALATION

DATE

ESCALATION AMOUNT

OPTIONSLEASE

TYPE

100 Fuzzy's Tacos 2,500 13.0% 6/29/2011 6/30/2021 $42,500 $17.00 7/1/2018 $18.00 - NNN

150 Weichart Realtors 1,003 5.2% 10/22/2011 10/31/2016 $20,059 $20.00 - - - NNN

200 Prime Farm to Table 1,947 10.2% 5/30/2014 7/31/2019 $48,675 $25.00 6/1/2018 $26.00 - NNN

300 Medi-Weightloss 1,925 10.0% 11/26/2015 11/30/2025 $42,350 $22.00 12/1/2020 $24.20 - NNN

400 HM Podiatry 2,000 10.4% 11/15/2011 3/31/2017 $40,000 $20.00 - - - NNN

500 Upscale Nail Salon 2,970 15.5% 11/30/2010 5/31/2021 $55,539 $18.70 - - - NNN

600 PWAT 1,810 9.4% 4/1/2016 5/31/2021 $36,000 $19.89 - - - NNN

700 Sears Appliances 5,010 26.1% 3/1/2013 2/28/2018 $115,230 $23.00 - - - NNN

Occupied 19,165 100.0% $400,353

Vacant 0 0.0%

Total 19,165 100.0%


ADDRESS CITY STATE SQFT PRICE PSF BUYER750 & 780 E US Hwy 80 Forney TX 19,620 $6,500,000 $331 Private

Mustang Crossing - Phase III

ADDRESS CITY STATE SQFT PRICE PSF BUYER1700 W Irving Blvd Irving TX 107,344 $6,000,000 $56 Private

Central Park

ADDRESS CITY STATE SQFT PRICE PSF BUYER3711 Belt Line Rd Addison TX 32,252 $9,450,000 $293 Private

Addison Plaza

ADDRESS CITY STATE SQFT PRICE PSF BUYERMultiple Locations Texas TX 56,692 $9,800,000 $173 Private

Four Corners

Featured Vitorino Group Transactions

ADDRESS CITY STATE SQFT PRICE PSF BUYER724 East Highway 80 Forney TX 26,273 $6,700,000 $255 Private

Mustang Crossing

ADDRESS CITY STATE SQFT PRICE PSF BUYER4404 W William Cannon Dr Austin TX 53,338 $15,100,000 $283 Private

Westcreek Shopping Center

ADDRESS CITY STATE SQFT PRICE PSF BUYER3510 Altamesa Boulevard Fort Worth TX 167,961 $17,500,000 $104 Institution

Kroger Shopping Center


ADDRESS CITY STATE SQFT PRICE PSF BUYER1855 Dallas Parkway Plano TX 14,555 $8,100,000 $557 Institution

Willow Bend Crossing

ADDRESS CITY STATE SQFT PRICE PSF BUYERSEC I-30 and Bass Pro Drive Garland TX 175,156 $22,000,000 $126 Private

Harbor Point

ADDRESS CITY STATE SQFT PRICE PSF BUYERNWC Hwy 287 & Hwy 77 Waxahachie TX 96,983 $15,500,000 $160 Institution

Waxahachie Crossing


ADDRESS CITY STATE SQFT PRICE PSF BUYER3001 Knox Street Dallas TX 79,127 $18,125,000 $229 Private

Knox Park Village

ADDRESS CITY STATE SQFT PRICE PSF BUYER6959 Lebanon Road Frisco TX 55,385 $17,587,194 $318 Institution

The Shops at Starwood

ADDRESS CITY STATE SQFT PRICE PSF BUYER1520-1540 West Interstate 20 Arlington TX 87,857 $13,925,000 $158 Private

Cooper Street Annex


ADDRESS CITY STATE SQFT PRICE PSF BUYER1253 Shreveport Barksdale Hwy Shreveport LA 340,926 $15,400,000 $45 Private

Shreve City Shopping Center

ADDRESS CITY STATE SQFT PRICE PSF BUYER2210 South Fielder Road Arlington TX 105,061 $9,550,000 $91 Private

Pioneer Plaza

ADDRESS CITY STATE SQFT PRICE PSF BUYER3001-3003 Knox Street Dallas TX 67,990 $44,628,000 $656 Private

Knox Park Village & Knox Street Promenade

ADDRESS CITY STATE SQFT PRICE PSF BUYER2963 Preston Road Frisco TX 180,772 $42,274,220 $234 Private

Shafer Plaza

ADDRESS CITY STATE SQFT PRICE PSF BUYER1301 & 1343 West Pipeline Rd Hurst TX 132,529 $17,200,000 $130 Private

Pipeline Village

ADDRESS CITY STATE SQFT PRICE PSF BUYERTexas & Oklahoma Various TX 56,692 $9,800,000 $172 Private

Four Corners Portfolio

ADDRESS CITY STATE SQFT PRICE PSF BUYER1105 West Camp Wisdom Rd Dallas TX 86,930 $5,200,000 $60 Private

Polk Village


Property Name Address City State PSFMustang Crossing - Phase III 750 & 780 E US Hwy 80 Forney TX $331.29

Central Park 1700 W Irving Blvd Irving TX $55.90

Addison Plaza 3711 Belt Line Rd Addison TX $293.01

Deer Creek 804 & 824 S Crowley Crowley TX $78.88

Grand Corners 1501 Grand Avenue Gainesville TX $172.86

Victoria Corners 8902 N. Navarro Street Victoria TX $172.86

Redbud Corners 2423 W. Kenosha Street Broken Arrow OK $172.86

Rowlett Corners 5401 Kenwood Drive Rowlett TX $172.86

107 Plaza 1623 W University Edinberg TX $257.80

Memorial Medical Plaza 1300 North Virginia Street Port Lavaca TX $54.45

Willow Bend Crossing 1855 Dallas Parkway Plano TX $556.51

121 Retail Strip 2212 State Highway 121 Melissa TX $125.49

San Benito Crossing 149 E US Business Hwy 77 San Benito TX $84.22

Herriman Retail Strip 5174 W 13400 S Herriman UT $375.38

Del Rio Corners 2409 Veterans Boulevard Del Rio TX $174.67

Hulen Crossing 8615 South Hulen Street Fort Worth TX $141.83

Graham Retail Strip 2115 Highway 16 Graham TX $149.17

Save A Lot Grocery Retail Center 2808 New Boston Road Texarkana TX $39.57

Plainfield Commons 2663 East Main Street Plainfield IN $396.68

Village at Los Rios 1445 Los Rios Blvd Plano TX $143.12

1st Wylie Shopping Center 620 North Highway 78 Wylie TX $123.81

Lake Elsinore Retail Strip 18284 Collier Ave Lake Elsinore CA $598.56

Mustang Crossing 724 East Highway 80 Forney TX $255.01

Oak Tree Plaza Shopping Center 1400 North Center Street Lonoke AR $12.33

Walmart Shadow Anchored Center 1140 Bardin Road Arlington TX $176.67

Hot Springs Retail Center 1739 Airport Road Hot Springs AR $41.15

O'Reilly Auto Retail Strip 629 West Pioneer Parkway Arlington TX $133.57

Sheltie Medical Center 8735 Sheltie Drive Little Rock AR $56.69

Cornerstone Plaza 2450 North Belt Line Road Irving TX $296.35

Golden Beach Marketplace 10716 North Beach Street Fort Worth TX $173.30

Brookshire's Retail Center 1401 and 1404 S4th Street Nashville AR $42.63

Town & Country Retail Center 1707 Highway 367 North Bald Knob AR $39.62

McKinney Two-Tenant Strip 1980 North Central Expy McKinney TX $317.78

McKinney Two-Tenant Strip 1980 North Central Expy McKinney TX $317.78

Westcreek Shopping Center 4404 W William Cannon Dr Austin TX $283.10

Willow Bend Strip 2004 Ventura Drive Plano TX $174.48

Kroger Shopping Center 3510 Altamesa Boulevard Fort Worth TX $104.19

Sunset Retail Center 601 Sunset Street Denton TX $80.30

Market Square at Unicorn Lake 2900 Wind River Ln Denton TX $218.89

San Angelo Corners 5769 Sherwood Way San Angelo TX $171.94

Ebby Halliday 1201-1205 Green Oaks Blvd Arlington TX $115.25

Knox Park Village 3001 Knox Street Dallas TX $229.06

Buffalo Wild Wings & Mattress Firm 3625 North Central Expy Plano TX $240.78

Lemmon Avenue Retail 5018 Lemmon Ave. Dallas TX $158.98

Skillman Towne Crossing 6751 Abrams Road Dallas TX $199.92

Lancaster Corners 404 North Interstate 35 Lancaster TX $180.86

The Shops at Starwood 6959 Lebanon Road Frisco TX $317.54

Dollar General - Fastenal 3400 East Hwy 377 Granbury TX $71.81

University Corners 1708 West University Drive Edinburg TX $177.57

Harbor Point SEC I-30 and Bass Pro Drive Garland TX $125.60

Magnolia Park Shopping Center 5408 Basswood Boulevard Fort Worth TX $110.08

Shops at the Commons 6516 New York Ave Arlington TX $93.02

Beltline Crossing 2030 Beltline Road Mesquite TX $214.45

Village Corners Shopping Center 3751 Main Street The Colony TX $152.12

Property Name Address City State PSFWaxahachie Crossing NWC Hwy 287 & Hwy 77 Waxahachie TX $159.82

Mansfield Highlands Shopping Center 26 East Debbie Lane Mansfield TX $203.43

Shreve City Shopping Center 1253 Shreveport Barksdale Shreveport LA $45.17

Star Village Commons 3980 Boat Club Road Lake Worth TX $73.98

Campbell Road Center 281 West Campbell Road Richardson TX $279.17

Pottsboro Center 111 East FM 120 Pottsboro TX $57.86

Chase Bank Retail Center 8930 RL Thornton Freeway Dallas TX $256.59

Grand Avenue Domino's Strip 1209 North Grand Avenue Gainesville TX $97.70

Robstown Shopping Center 357 West Avenue J Robstown TX $19.01

University of Texas Retail Strip 3208 Guadalupe Street Austin TX $551.93

Lone Star Shopping Center 6677 McCart Avenue Fort Worth TX $34.44

Hulen Crossing 8615 South Hulen Street Fort Worth TX $215.83

Northgate Shopping Center 1601 West Pierce Carlsbad NM $38.04

Polk Village 1105 W Camp Wisdom Road Dallas TX $59.82

The Ranch Health Club 10010 North MacArthur Blvd Irving TX $89.60

Heritage Plaza 2300 Matlock Road Mansfield TX $169.96

Plaza on the Parkway 525 West Pioneer Parkway Grand Prairie TX $83.58

Pioneer Plaza 2210 South Fielder Road Arlington TX $90.90

Rent-A-Center/First Cash Financial 6616 - 6620 Skillman Street Dallas TX $170.19

Wachovia Plaza 2401 Ira East Woods Grapevine TX $221.43

Knox Park Village & Knox Street Promenade 3001-3003 Knox Street Dallas TX $656.39

Military Plaza 7635 NW Loop 410 San Antonio TX $367.65

Davidson Plaza 228 Talbert Blvd Lexington NC $17.56

Cooper Street Annex 1520-1540 West I-20 Arlington TX $158.50

Kinko's On 635 9147 Skillman Street Dallas TX $94.12

Frisco South Center 8200 Stonebrook Parkway Frisco TX $161.58

Addison Plaza 3711 Beltline Rd Addison TX $285.71

Magnolia Village 651 North Denton Tap Road Coppell TX $212.88

Shafer Plaza 2963 Preston Road Frisco TX $233.85

Domino's Retail Strip 1731 West Morton Street Dennison TX $95.45

McKinney Square Retail Strip 114-116 N Tennessee Street McKinney TX $130.73

Pipeline Village 1301 & 1343 W Pipeline Road Hurst TX $129.78

Print Central 7124 Mid Cities Boulevard North Richland Hills TX $184.47

Trinity Mills & Josey Shopping Center 2501 & 2523 North Josey Ln Carrollton TX $126.47

Centre Point Shopping Center 8120 Research Boulevard Austin TX $105.17

Athens Plaza 1395 East Tyler Street Athens TX $123.41

Blockbuster Strip Center 2029 South Buckner Blvd Dallas TX $120.02

Little School Road Plaza 5081 Little School Road Arlington TX $201.11

Pipeline Pointe Shopping Center 1497 West Pipeline Road Hurst TX $377.40

Rufe Snow Plaza 5206 Rufe Snow Drive North Richland Hills TX $115.96

Mockingbird Strip Center 1475 West Mockingbird Ln Dallas TX $195.65

Country Club Square 1071 Country Club Drive Mansfield TX $207.18

Jacksonville Plaza 1311 South Jackson Street Jacksonville TX $107.84

Lucky's Retail Strip 3519 Oak Lawn Avenue Dallas TX $327.28

Jackson Village 1009 South Jackson Street Jacksonville TX $80.00

Meadow Glen Shopping Center 6500 Northwest Drive Mesquite TX $52.68

Rent-A-Center/First Cash Financial 6620 Skillman Road Dallas TX $144.00

Pioneer Crossing Strip Center 2235 Carter Drive Arlington TX $184.70

Forest Crossing 2110 ElDorado Pkwy McKinney TX $209.34

Kinko's at the Ballpark 1400 Copeland Road Arlington TX $347.99

McKinney Shopping Center 1970 N. Central Exprwy McKinney TX $178.53

Cherokee Plaza Highway 9 and Highway 68 Centre AL $14.93

Jupiter Strip 3601 North Jupiter Road Richardson TX $462.79

Total: 106 Shopping Centers $526,589,336 $180.23


Transaction History

Arbor Crossing - Flower Mound, TX

Documents

Transcript of Arbor Crossing - Flower Mound, TX