Exclusive Advisor: Tom Grant714.564.7139tgrant@lee-associates.combre #01369917

FOR SALEUnique 7 Unit Multi-Tenant Retail Center1250 E. Pioneer Parkway | Arlington, TX

leeorange.net/1250Pioneer

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

BUILDING FEATURES• Historically 100% Occupancy• 17,886 SF Multi-Tenant Retail Center• Fully Stabilized Investment with Long Term Upside

and Rent Growth• Units from 1,020 SF up to 6,000 SF• Opportunity to Increase Net Operating Income• 80 Surface Parking Spaces• Ideal Diverse Tenant Mix• Adjacent to “Shadow Anchor” Fiesta Grocery Store• Building in Good Condition, No Visible Differed

Maintenance• Major Street Frontage• Easy Accessibility to Major Freeways• Built 2004

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

PROPERTY AERIAL

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

LOCATION MAP

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

SITE PLAN

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

RETAILER | ATTRACTIONS MAP

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

RENT ROLL7 Units Totaling 17,996 Rentable Square Feet

Suite Tenant Lease Type

Square Feet

LeaseStart

LeaseEnd

MonthlyRate

MonthlyNNN

MonthlyTotal

Option(Date/Rent)

Increase(Date/Rent)

100 Zarisul, LLC Gross 6,000 8/1/09 2/28/20 $4,750.00 $0.00 $4,750.00 3/1/20 - 2/28/25 - Fair Mkt3/1/25 - 2/28/30 - Fair Mkt

100 Zarisul, LLC* 2/28/20* $6,350.00* $3,289.20* $9,679.04* Expiration 2/28/20*

200 Bear CreekDental

NNN 3,000 7/23/04 7/31/19 $5,000.00 $1,644.52 $6,644.52 8/1/16 - 7/31/19 - $5,0008/1/19 - 5/31/21 - Fair Mkt7/31/21 - 5/31/24 - Fair Mktnot less than 10% inc of 60th mo

300 GS Mobile/Cricket Wireless

NNN 1,020 9/1/10 5/31/18 $1,700.00 $559.13 $2,259.13 6/1/18 - 5/31/21 -$1,7856/1/21 - 5/31/24 - $1,8702-3 year optons to renvew

400 Caesars of DFW,LLC

NNN 1,020 1/1/11 10/31/21 $2,050.00 $559.13 $2,609.13 11/1/18 - 10/31/20 - $2,10011/1/20 - 10/31/21 - $2,15011/1/21 - 10/31/26 - Fair Mkt1-60 mo options to renew

Fair Market Rent. Tenant to provide notice 150 days prior to lease exp (10/31/16)

500 Famsa NNN 1,020 12/10/15 12/9/18 $1,700.00 $559.13 $2,259.13

700 Davita Dialysis NNN 5,936 9/13/05 9/30/20 $11,130.00 $3,253.95 $14,383.95 10/1/20 - 9/30/25 - $12,243.0010/1/25 - 9/30/30 - $13,479.67

10/1/15 - 9/30/17 - $11,130.0010/1/17 - 9/30/20 - $11,624.67

Kiosk WatermillExpress, LLC

NNN 0 8/1/19 7/31/19 $800.00 $800.00 8/1/19 - 7/31/24 - $9008/1/24 - 7/31/29 - $1,0008/1/29 - 7/31/34 - $1,1008/1/34 - 7/31/39 - $1,200

Totals 17,996 $33,480.00 $9,865.06

*100 - Total rent for remaining term of lease paid to buyer in lump sum at close of escrow.

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

INVESTMENT PROFORMA

ASKING PRICE $4,600,000 (7.91 CAP)Income

Rental Income $401,760.00Vacany Allowance ($24,105.60)Tenant Reimbursement $118,378.60

Annual Income $496,033.00

CAM Expenses

Utilities $9,070.00Maintenance (Recoverable) $23,963.00Taxes $60,308.14Insurance $8,826.48

Management $16,210.98Total $118,378.60

Non CAM Expenses

Administrative $4,708.32Leasing Commission $5,623.00

Tenant Improvement/Reserves $3,600.00

Total $13,931.32

Net Operating Income (NOI)

Total $363,723.08

1250 E. Pioneer Parkway | Arlington, TX | leeoranage.net/1250PioneerAll information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Unique 7 Unit Mult i -Tenant Retai l Center

INVESTMENT PROFORMAEnd of Year 1 End of Year 2 End of Year 3 End of Year 4 End of Year 5

Income

Rental Income $401,760.00 $413,812.80 $426,227.18 $439,014.00 $452,184.42

Vacany Allowance ($24,105.60) ($24,828.77) ($25,573.63) ($26,340.84) ($27,131.07)

Tenant Expense Reimbursement $118,378.60 $118,378.60 $118,378.60 $118,378.60 $118,378.60

Total $496,033.00 $507,362.63 $519,032.15 $531,051.76 $543,431.95

CAM Expenses

Taxes $60,308.14 $60,308.14 $60,308.14 $60,308.14 $60,308.14

Insurance $8,826.48 $8,826.48 $8,826.48 $8,826.48 $8,826.48

Utilities $9.070.00 $9.070.00 $9.070.00 $9.070.00 $9.070.00

Maintenance (Recoverable) $23,963.00 $23,963.00 $23,963.00 $23,963.00 $23,963.00

Management $16,210.98 $16,210.98 $16,210.98 $16,210.98 $16,210.98

Total $118,378.60 $118,378.60 $118,378.60 $118,378.60 $118,378.60

Non CAM Expenses

Adminstrative $4,708.32 $4,708.32 $4,708.32 $4,708.32 $4,708.32

Leasing Commission $5,623.00 $5,623.00 $5,623.00 $5,623.00 $5,623.00

Tenant Improvement/Reserves $3,600.00 $3,600.00 $3,600.00 $3,600.00 $3,600.00

Total $13,931.32 $13,931.32 $13,931.32 $13,931.32 $13,931.32

Net Operating Income (NOI)

Total $363,723.08 $375,052.71 $386,722.23 $398,741.84 $411,122.03

Rate of Return

7.91% 8.15% 8.41% 8.67% 8.94%

Asking Price $4,600,000

Disclaimer: This income proforma assumes a 3% Gross Income growth rate. CAM expense growth rate not accounted for since there are tenant reimbursement expenses.

1004 W. Taft Avenue, Suite 150 | Orange, CA 92865 | 714-647-9100 | LeeOrange.com

Exclusive Advisor: Tom Grant714.564.7139tgrant@lee-associates.combre #01369917