RICHARDSON TEXAS

TWO-

TENANT

___________________

INVESTMENT OPPORTUNITY

RICHARDSON

TEXAS

ACTUAL SITE

EXCLUSIVELY MARKETED BY

BRAD GIBBS | FIRST VICE PRESIDENT SRS REAL ESTATE PARTNERS

8343 Douglas Avenue, Suite 200 | Dallas, TX 75225 DL: 214.560.3238 | M: 214.435.4866

Brad.Gibbs@ | TX License No. 611900

WEBB SELLERS | VICE PRESIDENT SRS REAL ESTATE PARTNERS

3511 Broadway Street | San Antonio, TX 78209 DL: 210.504.2781

Webb.Sellers@ | TX License No. 589055

MACON BLOUNT | CLIENT SERVICES MANAGER SRS REAL ESTATE PARTNERS

8343 Douglas Avenue, Suite 200 | Dallas, TX 75225 DL: 214.560.3238

Macon.Blount@

Broker of Record: Mark Reeder, SRS Real Estate Partners TX License No. 318755

ACTUAL SITE

TABLE OF CONTENTS

4

INVESTMENT SUMMARY

OFFERING SUMMARY | INVESTMENT HIGHLIGHTS

7

PROPERTY OVERVIEW

AERIALS | SITE PLAN | LOCATION MAP

12

AREA OVERVIEW

DEMOGRAPHICS

14

FINANCIALS

RENT ROLL | BRAND PROFILE

ACTUAL SITE

INVESTMENT SUMMARY

SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest (land and building) in a two tenant, fully occupied medical office building investment property located in Richardson, TX. The 8,803 SF building is currently occupied by Richardson Dentistry and Metroplex Orthodontics. Both leases feature approximately 3 years of term remaining with minimal landlord responsibilities and the ability to reposition the asset at the end of the lease term providing considerable potential investment upside. The Subject Property is located along Belt Line Rd., a major thoroughfare that connects the Richardson communities to US Highway 75, the major north-south artery in the region. Richardson is part of the Dallas- Fort Worth Metroplex and is approximately 12 miles north of downtown Dallas. The asset is adjacent to the intersection of Belt Line Rd. and Plano Rd., a local retail destination featuring national tenants including Super Target, Lowe's, Ross, LA Fitness, Staples, Payless Shoe Source, McDonald's and Wendy's. The property is also located within 5 miles of multiple large medical facilities including Methodist Richardson Medical Center, Baylor Family Health Center, and Medical City Hospital. The dense 5-mile trade area is supported by more than 355,000 residents with an average household income of $85,000.

ACTUAL SITE

4 | INVESTMENT SUMMARY | SRS NATIONAL NET LEASE GROUP .

OFFERING SUMMARY

PRICING: PRICE / SF: NET OPERATING INCOME: CAP RATE: TENANTS:

$1,350,000 $153 $103,697 7.68% Richardson Dentistry & Metroplex Orthodontics

PROPERTY SPECIFICATIONS

RENTABLE AREA: LAND AREA: PROPERTY ADDRESS: YEAR BUILT: PARCEL NUMBERS (2):

OWNERSHIP:

8,803 SF 0.77 Acres 1231 E. Belt Line Road, Richardson, TX 75081

1984 42-01469-000-004-0000 42-01469-002-03A-0000 Fee Simple (Land and Building)

ACTUAL SITE

5 | OFFERING HIGHLIGHTS | SRS NATIONAL NET LEASE GROUP .

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