Uvalde Retail Center - Uvalde, TX

UVALDE RETAIL CENTER

UVALDE, TX SAN ANTONIO (MSA)

PROJECTED INCOME & EXPENSES

CURRENT PSF

Base Rent - Occupied Space 100% $399,605 $11.59

GROSS POTENTIAL RENT $399,605 $11.59 Expense Reimbursements

Real Estate Tax Recoveries $38,819 $1.13 Insurance Recoveries $22,421 $0.65 CAM Recoveries $26,109 $0.76 Management Recoveries $12,132 $0.35

Total Expense Reimbursements $99,481 $2.88

EFFECTIVE GROSS REVENUE $499,090 $14.47

Operating Expenses

Total Real Estate Taxes $47,196 $1.37

Total Insurance $27,259 $0.79

Total CAM $31,743 $0.92 Management Fee 3.00% $14,750 $0.43

Total Recoverable Expenses $120,948 $3.51

Net Operating Income $378,141 $10.97

EXPENSES

CURRENT PSF

$47,196 $1.37 Insurance $27,259 $0.79

Real Estate Taxes

Total CAM $31,743 $0.92 Management Fee 3.00% $14,750 $0.43

Total Expenses $120,948 $3.51

For Financing Options, Please Contact: Greg Holley | Managing Partner High St Capital (O) 469-998-7200 | (C) 714.514.2990 gholley@highstcapital.com

Tenant

Suite SQ FT % of SQFT Lease Dates

Minimum Rent Recoveries

Total

Start End Annual Monthly PSF Annual PSF Revenue % of Revenue

Advacned America A 1,400 4.06% 03/07 03/26 $28,971 $2,414 $20.69 $5,881 $4.20 $34,852 6.98%

Applebee's B 5,694 16.51% 12/04 11/24 $52,100 $4,342 $9.15 $0 $0.00 $52,100 10.44%

Citi Financials C 1,600 4.64% 07/16 06/25 $30,600 $2,550 $19.13 $6,722 $4.20 $37,322 7.48%

Coyote Optical D 1,250 3.62% 05/10 04/23 $20,280 $1,690 $16.22 $5,251 $4.20 $25,531 5.12%

Dollar Tree E 10,000 29.00% 02/05 01/25 $90,000 $7,500 $9.00 $42,011 $4.20 $132,011 26.45%

En Su Casa Caregivers F 1,330 3.86% 02/14 01/24 $21,875 $1,823 $16.45 $5,587 $4.20 $27,462 5.50%

Fred Loya Insurance G 1,200 3.48% 05/05 04/25 $27,000 $2,250 $22.50 $5,041 $4.20 $32,041 6.42%

Alsatian Care Enterprises H 3,000 8.70% 09/19 08/24 $58,500 $4,875 $19.50 $12,603 $4.20 $71,103 14.25%

Texan Credit I 1,400 4.06% 05/18 04/23 $32,779 $2,732 $23.41 $5,881 $4.20 $38,660 7.75%

T Nails J 2,500 7.25% 05/13 04/28 $37,500 $3,125 $15.00 $10,503 $4.20 $48,003 9.62%

Available K , L , M 5,110 14.82% - - $0 $0 $0.00 $0 $0.00 $0 0.00%

Total Count/GLA 11 34,484 100% Totals $399,605 $33,300 $99,481 $499,086 100% Occupied 10 29,374 85.2% Available 1 5,110 14.8%

Tenant Suite SQ FT % of SQFT Real Estate Taxes Insurance

CAM Management Fee Total Recovery Monthly PSF Monthly PSF Monthly PSF Monthly PSF Monthly PSF

Advance America A 1,400 4.06% $191 $1.64 $110 $0.95 $129 $1.10 $60 $0.51 $490 $4.20

Applebee's B 5,694 16.51% $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00

OneMain Financial C 1,600 4.64% $219 $1.64 $126 $0.95 $147 $1.10 $68 $0.51 $560 $4.20

Coyote Optical D 1,250 3.62% $171 $1.64 $99 $0.95 $115 $1.10 $53 $0.51 $438 $4.20

Dollar Tree E 10,000 29.00% $1,366 $1.64 $789 $0.95 $919 $1.10 $427 $0.51 $3,501 $4.20

En Su Casa Caregivers F 1,330 3.86% $182 $1.64 $105 $0.95 $122 $1.10 $57 $0.51 $466 $4.20

Fred Loya Insurance G 1,200 3.48% $164 $1.64 $95 $0.95 $110 $1.10 $51 $0.51 $420 $4.20

Alsace Urgent Care H 3,000 8.70% $410 $1.64 $237 $0.95 $276 $1.10 $128 $0.51 $1,050 $4.20

Texan Credit I 1,400 4.06% $191 $1.64 $110 $0.95 $129 $1.10 $60 $0.51 $490 $4.20

T Nails J 2,500 7.25% $342 $1.64 $197 $0.95 $230 $1.10 $107 $0.51 $875 $4.20

Available K , L , M 5,110 14.82% $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00

Totals 34,484 100% $3,235 $1,868 $2,176 $1,011 $8,290

Tenant Suite SQ FT Base Rental Increases Renewal Options

CAM CAP CAM CAP

Date PSF Options Date PSF Description

User Restrictions & Exclusive Rights

Advance America A 1,400 - - 2 x 3 4/1/2023 4/1/2026 2% Annual Increases - - -

Applebee's B 5,694 - - 2 x 5 12/1/2024 12/1/2029 $9.61 $10.10 - - -

OneMain Financial C 1,600 - - - - - 5%

Coyote Optical D 1,250 - - 1 x 5 5/1/2023 MKT 5%

Non Cumulative CAM Cap -

Cumulative, Compounding CAM Cap

ROFR: Tenant shall have continuous right to leas any vacan unleased space immediately abutting the Demised Premises at FMV. If LL receives LOI for that space Tenant has 10 days to notify LL if it desires to lease such space

“Tenant shall have exclusive for a single price point variety retail store, in addition Landlord will not permit any other occupant to operate a close-out store, a retail store whose principal business is selling variety Retail merchandise at a single price point, selling gift cards, and other party supplies, or selling articial flowers and picture frames, or variety ertail operations with the word “”Dollar”” in their trade name.

Dollar Tree E 10,000 - - - - - 5%

Non Cumulative CAM Cap

Co-Tenancy: In the event the Wal-Mart or Co-Tenants, successors, assigns, or replacement tenants vacates the premises or ceases to operate the premises lease by ut, Tenant shall have the option to beigin immediately paying to Landlord as Alternate rent the lesser of (i) 3% of Gross Sales, or (ii) 1/2 of all rents due under the lease for the period that the Co-Tenant space remains vacant. If space remains unoccupied for 6 months or is not leased and open for business to a tenant similar to the vacanted Co-Tenant, or another use approved by Tenant in writing, Tenant shall have the write to terminate this lease with 30 days written notice. “

DBA Advance America

Corporate/Franchise Corporate

Locations 1,400+ Nationwide Public/Private Public (NYSE: AEA)

Line of Business For the past 25+ years, Advance America has worked to become one of the nation’s leading providers of consumer financial services, with online lending and over 900 locations nationwide. At Advance America, we believe that our customers are more than a transaction, and we know that with a little bit of help, they can keep going today and look forward to tomorrow. Advance America is a proud community lender that services thousands of individuals locally and online. We offer a variety of personalized financial solutions to fit your specific needs — from Payday Loans and Installment Loans to Title Loans and Personal Lines of Credit.

DBA Applebee’s

Corporate/Franchise Franchise

Locations 1,787+ Worldwide Public/Private Public (NYSE: DIN)

Line of Business Applebee’s Restaurants LLC. is an American company that develops, franchises, and operates the Applebee’s Neighborhood Grill + Bar restaurant chain. The Applebee’s concept focuses on casual dining, with mainstream American dishes such as salads, chicken, pasta, burgers, and “riblets” (Applebee’s signature dish) Here you will always be welcome –for delicious food, in a neighborhood setting, with attentive service, at a great value.

DBA OneMain Financials

Corporate/Franchise Corporate

Locations 1,500+ Nationwide Public/Private Public (NYSE: OMF)

Line of Business OneMain Holdings, Inc. is an American financial services holding company headquartered in Evansville, Indiana, with central offices throughout the United States. The company wholly owns OneMain Finance Corporation and its subsidiaries, through which it operates in the consumer finance and insurance industries as OneMain Financial. Its business primarily focuses on providing personal loans and optional insurance products to customers with limited access to traditional lenders, such as banks and credit card companies.

DBA Coyote Optical Corporate/Franchise Franchise

Public/Private Prviate

Line of Busines Coyote Optical Vision Source has been a leading provider of optometry services and vision care products in the Uvalde community since 2010, and we want to help you achieve and maintain clear vision for years to come. Our experienced eye doctors offer comprehensive vision examinations at our Uvalde optometry office and specialize in the diagnosis and treatment of a wide array of eye diseases, conditions, and problems. We use advanced diagnostic technology and vision correction products and are committed to improving the quality of life of persons in the Uvalde community through enhanced vision.

DBA Dollar Tree

Corporate/Franchise Corporate Locations 15,288+

Public/Private Public (NASDAQ: DLTR)

Line of Business Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 15,115 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of 24 distribution centers. Additionally, the company operates stores under the name of Dollar Bills, as well as a multi-price-point variety chain under the Family Dollar banner. Dollar Tree offers their customers the products they need at extreme values, from food, to books, to seasonal decor, and so much more.

DBA En Su Casa Caregivers

Corporate/Franchise Franchise

Public/Private Private

Line of Business En Su Casa Caregivers is a family-owned and operated in-home private care agency based in San Antonio, Texas. Our team has provided over 19 years of the highest quality home care services, centered on our core values of integrity, trust, and compassion. We believe each client deserves to maintain their independence and dignity while receiving the care they need in the comfort of their own home. Our years of experience under the same family ownership has positioned En Su Casa as one of the most trusted in-home care agencies in South Texas. Services are provided in San Antonio and westward into Uvalde, Eagle Pass, and surrounding areas.

DBA Fred Loya Insurance

Corporate/Franchise Corporate

Locations 700+ Nationwide

Public/Private Private

Line of Business Fred Loya Insurance is a Texas based Hispanic 500 car insurance company. As of 2016 the company had 5,200 employees and 700 offices in Alabama, Arizona, California, Colorado, Georgia, Illinois, Indiana, New Mexico, Nevada, Ohio and Texas. It is the 18th largest Latino-owned company in the country. Fred Loya Insurance believes in being accessible to their customers and taking an active role in each community they serve. You can find their agencies in superstores and food retail markets, in towns large and small. Fred Loya Insurance’s local presence allows them to stand by their motto, “Where Being Local Matters.”

DBA Alsace Urgent Care

Corporate/Franchise Franchise

Locations 9,616+ Nationwide

Public/Private Private

Line of Business Our mission at UC Locations is to make finding an urgent care near you a hassle-free task. Most of these urgent care centers manage non-life-threatening illnesses or injuries for adults and children (Pediatric urgent care). These centers have on-site labs and x-ray and can handle your follow up care or refer you to doctors’ care or the appropriate specialist. These medical offices are patient/consumer-oriented medical care providers, combining the quality and medical services of a traditional doctor’s office with the convenience of extended hours, on-site lab and x-ray and experienced and compassionate staff and providers.

DBA Texas Credit Corporation

Corporate/Franchise Corporate

Locations 71+ in Texas

Public/Private Private

Line of Business Folks throughout the state of Texas have relied on Texan Credit Corporation to get the money they need fast for over 35 years. We make the loan process easy to help all our fellow Texans by offering multiple loan options and budget-friendly payment plans. Whether it be Credit-Based Installment Loans, No Credit Title Loans, or Signature Loans, Texas Credit Corporation is here to help you get the money you need.

• Potential Opportunity to Separately Parcel Applebee’s and Sell Off Individually

• 85% Occupied Retail Center Shadow Anchored by WalMart Supercenter Located on Main St in Uvalde, TX.

• All Tenants Have NNN Leases – Providing Ease of Management.

• Upside in Leasing the Vacant 5,110 SF – ~15% GLA.

• Half of the Tenants Have Called This Location Home for 10+ Years.

• Priced at $150/PSF – Well Below Replacement Cost.

• Complementary, Internet Resistant Mix of Local and National Credit Tenants.

• Traffic Counts Exceed 17,657 Vehicles Per Day.

• Surrounding National Retailers Include Walmart Supercenter, Hobby Lobby, Burkes Outlet, Petsense, Hibbett Sports, Great Clips, and Many More.

San Antonio, TX

OVERVIEW

San Antonio is the seventh-most populated city in the United States and the second-most populated city in the state of Texas, with more than 1.4 million residents. The city is located in the American Southwest, the south–central part of Texas, and the southwestern corner of an urban region known as the Texas Triangle.

San Antonio is the center of the San Antonio–New Braunfels Metropolitan Statistical Area. Commonly called Greater San Antonio, the metro area has a population of 2,558,143 based on the 2020 U.S. census estimate, making it the 24th-largest metropolitan area in the United States and third largest in Texas. Growth along the Interstate 35 and Interstate 10 corridors to the north, west and east make it likely that the metropolitan area will continue to expand. With a median home price of $291,000, 16 area colleges and universities, and a cost of living equal to eight points below the national average, San Antonio is one of the top five most affordable big cities in the country.

San Antonio is experiencing economic growth in 21st century industries such as bioscience and healthcare, aerospace, IT and cybersecurity, financial services, manufacturing, and green technologies. Biotech

companies and healthcare systems contribute billions to the local economy. The Aerospace industry remains a dominant economic strength with the presence of several aviation and aerospace corporations, including the military. The city is also a cybersecurity hub; nationally recognized as a leader in the field of information security. San Antonio is positioning itself to be at the forefront of the New Energy Economy, committed to investing and creating employment opportunities in green industries. A diverse range of target industries combined with a strong military community give Greater San Antonio a competitive edge, creating 1.16 million jobs, 126,000 employers, and a $140 billion GRP. The area was ranked No. 7 in a ranking of large metros with the most growth in high-paying jobs over the last half decade. According to the study published by Stessa, the metro region had a 163% increase in six-figure jobs from 2015 to 2020, the largest percentage increase among Texas cities. DoD assets, innovations in cybersecurity and bioscience, diverse manufacturing industry, competitive real estate, R&D opportunities, and pool of professionals have allowed San Antonio to achieve staying power as one of the most attractive environments for business. San Antonio has a GDP of approximately $121 billion, ranking the city 32nd in the U.S.

1 Mile 3 Mile 5 Mile

Population

2010 Population 1,916 13,526 18,227 2020 Population 2,144 14,094 18,906 2025 Population Projection 2,163 14,045 18,826 Median Age 34.6 34.2 33.8 Bachelor's Degree or Higher 32% 20% 17% U.S. Armed Forces 2 17 17

Population by Race

White 2,016 13,399 17,979 Black 25 183 263 American Indian/Alaskan Native 17 150 226 Asian 63 241 264 Hawaiian & Pacific Islander 6 12 16 Two or More Races 18 108 159 Hispanic Origin 1,354 10,477 14,681 Housing Median Home Value $143,601 $100,930 $91,699 Median Year Built 1981 1974 1973

Households:

1 Mile 3 Mile 5 Mile

2010 Households 773 4,611 6,125 2020 Households 860 4,819 6,372 2025 Household Projection 866 4,804 6,347 Owner Occupied 447 3,164 4,181 Renter Occupied 419 1,640 2,165

Avg Household Size 2.5 2.8 2.9 Avg Household Vehicles 2 2 2

Total Consumer Spending $23.1M $131.7M $170M Income

Avg Household Income $63,334 $65,185 $61,915

Median Household Income $47,083 $48,831 $44,971

< $25,000 266 1,204 1,777 $25,000 - 50,000 178 1,245 1,652 $50,000 - 75,000 144 848 1,120 $75,000 - 100,000 60 585 717 $100,000 - 125,000 129 410 496 $125,000 - 150,000 16 178 202 $150,000 - 200,000 54 228 250 $200,000+ 13 121 157

CONFIDENTIALITY AGREEMENT

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from STRIVE and it should not be made available to any other person or entity without the written consent of STRIVE. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to STRIVE.

This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. STRIVE has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, STRIVE has not verified, and will not verify, any of the information contained herein, nor has STRIVE conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT STRIVE AGENT FOR MORE DETAILS.

Commercial Disclaimer

STRIVE hereby advises all prospective purchasers of commercial property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, STRIVE has not and will not verify any of this information, nor has STRIVE conducted any investigation regarding these matters. STRIVE makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a commercial property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. STRIVE expressly denies any obligation to conduct a due diligence examination of this Property for Buyer.

Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a commercial property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any commercial property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenants and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenants history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term leases, including the likelihood of locating replacement tenants if any of the current tenants should default or abandon the property, and the lease terms that Buyer may be able to negotiate with any potential replacement tenants considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release STRIVE and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this commercial property.

Information About Brokerage Services

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

• A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.

• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

• Put the interests of the client above all others, including the broker ’s own interests;

• Inform the client of any material information about the property or transaction received by the broker;

• Answer the client’s questions and present any offer to or counter-offer from the client; and

• Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer ’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by th e seller or seller ’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;

• May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and • buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose: ӽ that the owner will accept a price less than the written asking price; ӽ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and ӽ any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:

• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.

• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Regulated by the Texas Real Estate Commission

Information available at www.trec.texas.gov