$2,060,000 | 8.50% cap

14
$2,060,000 | 8.50% CAP EXCLUSIVE OFFERING 1058 Texan Trail Grapevine, TX 76051 Exclusively Marketed By: 817.269.2487 | Direct [email protected] Ken Wimberly, CCIM Two 3,727 SF Buildings on One Platted Lot Corporate Guaranteed Lease Through May 2020 A Mixed-Use Development Consisting of Office, Medical, Retail, & Multifamily Living Located Just a Few Short Miles from Dallas/Fort Worth International Airport Dense Location in Grapevine, TX with over 107,000 Population in a 5-Mile Radius High Income Location with 3-Mile Household Income of $91,495

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$2,060,000 | 8.50% CAPEXCLUSIVE OFFERING 1058 Texan TrailGrapevine, TX 76051

Exclusively Marketed By:

817.269.2487 | Direct

[email protected]

Ken Wimberly, CCIM

• Two 3,727 SF Buildings on One Platted Lot

• Corporate Guaranteed Lease Through May 2020

• A Mixed-Use Development Consisting of Office, Medical, Retail, & Multifamily Living

• Located Just a Few Short Miles from Dallas/Fort Worth International Airport

• Dense Location in Grapevine, TX with over 107,000 Population in a 5-Mile Radius

• High Income Location with 3-Mile Household Income of $91,495

All information furnished regarding propertyfor sale, rental or financing is from sourcesdeemed reliable, but no warranty orrepresentation is made to the accuracythereof and same is submitted subject toerrors, omissions, change of price, rental orother conditions, prior sale, lease orfinancing or withdrawal without notice. Noliability of any kind is to be imposed on thebroker herein.

This offering may be subject to avariable-rate commission, pleasecontact the listing broker for moreinformation about the commissionstructure.

Table of Contents

netleaseexperts.com

817.269.2487 | Direct

[email protected]

TX #503180

Ken Wimberly, CCIM

Net Leased Office (Echo Locum Tenens)

Our team of professionals is dedicated tothe purchase and sale of investment realestate. We are experts at assessing valueand uncovering hidden opportunities. Intoday's market we continue to see some ofthe greatest opportunities in NNN assets.

We have dedicated divisions that focusexclusively on NNN properties. Our in-depthexpertise, constant studying of the marketand strategic partnerships with officesaround the country make KW Net LeaseAdvisors THE AUTHORITY in investmentreal estate.

We have strategic partner offices in majormarkets around the country, giving ourclients unparalleled access to some of themost proficient investment sales experts inthe U.S. We readily cooperate (share fees)with the brokerage community in order toreach a much broader audience than manyof our competitors. This fee-sharing practiceoften allows us to create an auction effectwith our properties to maximize the price forour clients.

Our mission is simple - to maximize valuefor our clients while building long-termrelationships and having fun! Utilizingprofessional contacts, the national networkof KW Commercial, the power of theInternet, Social Media, and the worldwideCCIM Network, we provide the mostcomprehensive source of real estateinvestment tools available.

Exclusively Marketed By: KW Net Lease Advisors

Investment Overview

Site Overview

Location Overview

Tenant Profile

Retail Map

Aerial Photo

Street Map

Location Map

Advisor Bio & Contact

Disclaimer

Information About BrokerageServices

Back Page

netleaseexperts.com

LEASE OVERVIEW

GENERAL EXPENSES AND RESPONSIBILITIES

PROPERTY DETAILS

Net Leased Office (Echo Locum Tenens) | Grapevine, TXINVESTMENT OVERVIEW

REMAINING LEASE TERM: 2 Years, 10 Months

RENT COMMENCEMENT: 5/1/2014

LEASE EXPIRATION: 5/1/2020

LEASE TYPE: NNN

SCHEDULED RENT INCREASES: None

OPTIONS & INCREASES: N/A

BASE ANNUAL RENT: $175,169

INSURANCE: PAID BY Tenant

PARKING LOT MAINTENANCE: PAID BY Tenant

PROPERTY TAXES: PAID BY Tenant

BUILDING AREA: 7,454 SF

LAND AREA: 1.1 AC

YEAR BUILT: 2014

GUARANTOR:Sound InpatientPhysicians, Inc.

MINERALS Do Not Convey

PRICE (PSF): $276.36

ROOF & STRUCTURE: PAID BY Landlord

HVAC: PAID BY Tenant

PRICE: $2,060,000 | CAP RATE: 8.50% | NOI: $175,169

NOTES: Tenant has lease buyout option after sixtieth (60) month with six (6) months’ written notice and a penalty in cash equal to six (6) months of MinimumGuaranteed Rent plus NNN expenses

netleaseexperts.com

Net Leased Office (Echo Locum Tenens) | Grapevine, TXSITE OVERVIEW

netleaseexperts.com

GRAPEVINE, TX

LOCATION HIGHLIGHTS

POPULATION 2015: 49,800

POPULATION 2020: 52,858

GROWTH 2010-2015: 1.16% annually

GROWTH 2015-2020: 1.20% annually

AVG HH INCOME: $105,441

MAJOR EMPLOYERS EMPLOYEES

DFW INT, AIRPORT 60,000

GAME STOP CORP 3,380

UPS 2,000

ABOUT GRAPEVINE

Grapevine is the host to Dallas/Fort Worth International Airport, the third largest airport in the world. Featuring acentral U.S. location and nonstop service from more than 200 cities, including over 50 international destinations,D/FW International Airport is the perfect arrival destination. Grapevine is located 10 minutes from D/FWInternational Airport and conveniently located between Dallas and Fort Worth, making it easy to experience thebest of North Texas. The sophisticated and charming city of Grapevine is the perfect location for your Texasmeeting, convention or leisure getaway.

LIVEGrapevine Texas boasts a quality that embraces culture, tourism, community and natural beauty - all in anaffordable setting. The community is home to one of the most authentic downtowns in America,world-renowned festivals and events, state-of-the-art healthcare and a Dallas/Fort Worth location second tonone.

WORKHome to nearly 2,900 businesses, our economy reflects a balance of successful small businesses that serve theTexas market to major corporations that serve the world. From technology to tourism, come explore theentrepreneurial energy that is Grapevine, Texas.

PLAYWith eleven wineries, three golf courses, the Grapevine Vintage Railroad, Grapevine Lake, award winning eventsand festivals, more than 26 miles of trails, water-front cabins and more than 200 dining options, Grapevine isyour one-stop destination.

Sources: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2015 and 2019; Grapevine, TX EconomicDevelopment; Grapevine Convention & Visitor Bureau

Net Leased Office (Echo Locum Tenens) | Grapevine, TXLOCATION OVERVIEW

netleaseexperts.com

ABOUT ECHO LOCUM TENENS - SOUND PHYSICIAN AFFILIATE

Echo Locum Tenens, an affiliate of Sound Physicians, is a leader in medical staffing. We support over 300hospitals and clinics nationwide at any given time. Our goal is to be the easiest locum tenens organization towork with.

We set high standards for the providers we represent and the colleagues who work with us. Echo LocumTenens is a physician-founded and led organization with a passion for quality, service, teamwork, innovationand integrity.

Our teams are dedicated to the organization’s core values of quality, service, teamwork, innovation andintegrity. These values are central to the success of each provider placement and healthcare facility we partnerwith.

Quality – Dedication to creating the best clinical outcomes and processesService – We strive to exceed the expectations of our patients and the medical communityTeamwork – Commitment to collaboration in careInnovation – Creative and skillful problem solving that drives improvementIntegrity – Honor commitments to our patients, our practice and our partner hospitals

HEALTHCARE ORGANIZATIONS: We don’t want to be another agency on your list, but a true strategic partnerthat will go the extra mile in the time of need for your facility, community, and, most importantly, the patientsand families you serve. We would like to become an extension of your service lines and help you focus onproviding high-quality patient care.

HEALTHCARE PROVIDERS: We have dedicated our lives to the healthcare providers we serve, and we give youour commitment that we will always have your best interest at heart. Being a healthcare provider is one of themost rewarding professions, but we also understand the hectic life you live. Echo takes great pride in assistingyou every step of the way through the locum tenens process and matching you with an opportunity that bestsuits your needs.Source: Echo Locum Tenens Official Site

Net Leased Office (Echo Locum Tenens) | Grapevine, TXTENANT PROFILE

netleaseexperts.com

Net Leased Office (Echo Locum Tenens) | Grapevine, TXRETAIL MAP

Net Leased Office (Echo Locum Tenens) | Grapevine, TXAERIAL PHOTO

netleaseexperts.com

Net Leased Office (Echo Locum Tenens) | Grapevine, TXSTREET MAP

netleaseexperts.com

Net Leased Office (Echo Locum Tenens) | Grapevine, TXLOCATION MAP

netleaseexperts.com

2525 Ridgmar BlvdSuite 240Fort Worth, TX 76116

T 817.269.2487C [email protected] #503180

netleaseexperts.com

Chief Visionary OfficerKEN WIMBERLY, CCIM

Net Leased Office (Echo Locum Tenens) | Grapevine, TXADVISOR BIO & CONTACT

PROFESSIONAL BACKGROUND

Kenneth F. Wimberly serves as Chief Visionary Officer for KW Net Lease Advisors, specializing in single-tenant NNN retail and medical officeinvestment sales with a strong background in land sales, lot sales and acquisition, syndications, site selection, bank REO’s, and buyer/tenantrepresentation. His clients include high net worth individuals, REITs, institutional funds, private family endowments, and commercial developers.

Prior to joining KW Commercial, Wimberly served as a Senior Advisor at Sperry Van Ness. He is founder and managing member of a real estateinvestment firm, Noble Crest Capital, LLC (NCC). Wimberly served his country during Gulf War I as an aircrew member flying aboard EP-3E aircraft asa CTR (cryptologist technician – Morse code) for the United States Navy, stationed in Misawa, Japan. He has also worked in the insurance/investment field and has held the Series 6, Series 7, and Series 63 investment licenses and the Group I insurance license. He received his CCIMdesignation in 2010 and is a member of the International Council of Shopping Centers (ICSC).

Wimberly is a member of the Greater Fort Worth Association of Realtors, the Texas Association of Realtors, and the Society of Commercial Realtors.Additionally, he served as the 2008 Chairman of the Board of Directors for the Society of Commercial Realtors in Fort Worth. He was presented withthe 2012 Charles D. Tandy Award for his exemplary professional standards as a commercial Realtor. He previously served on the RCA/GoverningCouncil of the Texas Association of Realtors. Wimberly received the 2012 William C. Jennings Award for the most outstanding commercialtransaction in the entire state of Texas. He is also one of only ten members across the country to serve on the Executive Leadership Council for KWCommercial. Wimberly is the Operating Principal/Franchise Owner of Keller Williams in Abilene, TX.

He is active in his community and is proud of the 9 years he served as a “Big” in the Big Brothers/Big Sisters program. He has three children, Grace,Knox and Kai, and is married to the girl of his dreams, Amber. The family enjoys spending their time travelling, snow skiing, spending time outdoors,playing board games, and playing Texas Hold’em Poker!

MEMBERSHIPS & AFFILIATIONS

Wimberly is a member of the Greater Fort Worth Association of Realtors, the Texas Association of Realtors, and the Society of Commercial Realtors.

Additionally, he served as the 2008 Chairman of the Board of Directors for the Society of Commercial Realtors in Fort Worth. He was presented with

the 2012 Charles D. Tandy Award for his exemplary professional standards as a commercial Realtor. He previously served on the RCA/Governing

Council of the Texas Association of Realtors. Wimberly received the 2012 William C. Jennings Award for the most outstanding commercial

transaction in the entire state of Texas. He is also one of only ten members across the country to serve on the Executive Leadership Council for KW

Commercial. Wimberly is the Operating Principal/Franchise Owner of Keller Williams in Abilene, TX.

EDUCATION

BBA in Finance (Real Estate Concentration)

Texas Christian University

netleaseexperts.com

Net Leased Office (Echo Locum Tenens) | Grapevine, TXDISCLAIMER

The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the partyreceiving it from KW Net Lease Advisors and should not be made available to any other person or entity without the written consent of KW Net LeaseAdvisors.

This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers and to establish only a preliminarylevel of interest in the subject property.

The information contained herein is not a substitute for a thorough due diligence investigation and makes no warranty or representation, with respect tothe income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the propertyand improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, thephysical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions tocontinue its occupancy of the subject property.

The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, KW Net Lease Advisors hasnot verified, and will not verify, any of the information contained herein, nor has KW Net Lease Advisors conducted any investigation regarding thesematters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyersmust take appropriate measures to verify all of the information set forth herein.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of confidential nature, that you will hold and treat it in the strictestconfidence and that you will not disclose its contents in any manner detrimental to the interest of the Owner. You also agree that by accepting thisMemorandum you agree to release KW Net Lease Advisors and hold it harmless from any kind of claim, cost, expense or liability arising out of yourinvestigation and/or purchase of this property

netleaseexperts.com

Net Leased Office (Echo Locum Tenens) | Grapevine, TXINFORMATION ABOUT BROKERAGE SERVICES

Before working with a real estate broker, you should know that the duties of a broker

depend on whom the broker represents. If you are a prospective seller or landlord

(owner) or a prospective buyer or tenant (buyer), you should know that the broker who

lists the property for sale or lease is the owner's agent. A broker who acts as a

subagent represents the owner in cooperation with the listing broker. A broker who

acts as a buyer's agent represents the buyer. A broker may act as an intermediary

between the parties if the parties consent in writing. A broker can assist you in locating

a property, preparing a contract or lease, or obtaining financing without representing

you. A broker is obligated by law to treat you honestly.

underlined print, set forth the broker's obligations as an intermediary. The broker is

required to treat each party honestly and fairly and to comply with The Texas Real

Estate License Act. A broker who acts as an intermediary in a transaction:

(1) Shall treat all parties honestly;

(2) May not disclose that the owner will accept a price less than the asking price unless

authorized in writing to do so by the owner;

(3) May not disclose that the buyer will pay a price greater than the price submitted in a

written offer unless authorized in writing to do so by the buyer; and

(4) May not disclose any confidential information or any information that a party

specifically instructs the broker in writing not to disclose unless authorized in writing to

disclose the information or required to do so by The Texas Real Estate License act or a

court order or if the information materially relates to the condition of the property.

With the parties' consent, a broker acting as an intermediary between the parties may

appoint a person who is licensed under The Texas Real Estate License Act and

associated with the broker to communicate with and carry out instructions of one party

and another person who is licensed under the Act and associated with the broker to

communicate with and carry out instructions of the other party

IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner's agent by entering into an agreement with the owner,

usually through a written listing agreement, or by agreeing to act as a subagent by

accepting an offer of sub agency from the listing broker. A subagent may work in a

different real estate office. A listing broker or subagent can assist the buyer but does

not represent the buyer and must place the interests of the owner first. The buyer

should not tell the owner's agent anything the buyer would not want the owner to know

because an owner's agent must disclose to the owner any material information known

to the agent.

The broker becomes the buyer's agent by entering into an agreement to represent the

buyer, usually through a written buyer representation agreement. A buyer's agent can

assist the owner but does not represent the owner and must place the interests of the

buyer first. The owner should not tell a buyer's agent anything the owner would not

want the buyer to know because a buyer's agent must disclose to the buyer any

material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER:

A broker may act as an intermediary between the parties if the broker complies with

the Texas Real Estate License Act. The broker must obtain the written consent of each

party to the transaction to act as an intermediary. The written consent must state who

will pay the broker and, in conspicuous bold or

IF THE BROKER ACTS AS AN INTERMEDIARY:

you should enter into a written agreement with the broker that clearly establishes the

broker's obligations and your obligations. The agreement should state how and by

whom the broker will be paid. You have the right to choose the type of representation,

if any, you wish to receive. Your payment of a fee to a broker does not necessarily

establish that the broker represents you. If you have any questions regarding the duties

and responsibilities of the broker, you should resolve those questions before

proceeding.

If you choose to have a broker represent you:

Ken Wimberly, CCIM

A Member of

Exclusively Marketed By:

817.269.2487 | [email protected]

2525 Ridgmar Blvd. | Suite 240 | Fort Worth, TX 76116 | P: 817.200.7620 | F: 817.962.2638 | netleaseexperts.com