2015

21,400 (14)

19,100 (14)

E 41st St

S Peoria Ave

244

Sonoma Bistro & Wine BarDoc’s Wine & Food

Hibiscus Caribbean Bar & GrillShades of Brown Coffee & Art

Downtown Tulsa

Midtown

The Enclave at Brookside

Arkansas River

The University of Tulsa

Gillette Historic District

Yorktown Historic District

Swan Lake Historic District

Bryn Mawr

Maple Ridge

Tulsa International Airport

Charleston's Restaurant

Runners World

KJRH2 Tulsa

Mecca Coffee Co

Blue Moon Café

Old School Bagel Cafe

Cafe Samana

Keo

Sharky’s

CoachPolo Grill

In the Raw SushiThe Brook Restaraunt & Bar

78,900

Cosmo Cafe

R Bar & Grill

E 36th St

E 37th St

E 37th Pl

Trader Joe’sAnchored Project

For Sale

Tulsa, OKS Peoria Ave & E 37th St

VentureProperties&

www.preservewestcapital.comThis property is listed in conjunction with Oklahoma-licensed real estate broker __________________.

OFFERING MEMORANDUM

Trader Joe’s Anchored Shops | Brookland North Shopping Center

Tulsa, OK

PRESERVE WEST CAPITAL | 4

FINANCIAL ANALYSIS PRICING

PRICE

$12,976,0005.00% Return

Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10

Scheduled Base Rental Revenue $675,976 $743,574 $798,716

Expense Reimbursement Revenue $110,518 $124,247 $135,501

Total Potential Gross Revenue $786,493 $867,821 $935,217

Assessments <$9,765> <$10,775> <$11,250>

Effective Gross Revenue $776,728 $857,046 $923,967

YEAR 1 YEAR 6 YEAR 10

Net Operating Income $648,794 $713,776 $767,156

CAP Rate 5.00% 5.50% 5.91%

Annual ExpensesCAM - $1.70/sf $32,341 $37,492 $42,197

Property Taxes - $3.56/sf $67,725 $74,774 $80,938

Insurance - $0.24/sf $4,566 $5,293 $5,957

Management @ 3% of EGR $23,302 $25,711 $27,719

Total Operating Expenses $127,934 $143,270 $156,811

FinancingThe property will be delivered free and clear of permant financing.

NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.

PRESERVE WEST CAPITAL | 4

FINANCIAL ANALYSIS PRICING

PRICE

$12,976,0005.00% Return

Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10

Scheduled Base Rental Revenue $675,976 $743,574 $798,716

Expense Reimbursement Revenue $110,518 $124,247 $135,501

Total Potential Gross Revenue $786,493 $867,821 $935,217

Assessments <$9,765> <$10,775> <$11,250>

Effective Gross Revenue $776,728 $857,046 $923,967

YEAR 1 YEAR 6 YEAR 10

Net Operating Income $648,794 $713,776 $767,156

CAP Rate 5.00% 5.50% 5.91%

Annual ExpensesCAM - $1.70/sf $32,341 $37,492 $42,197

Property Taxes - $3.56/sf $67,725 $74,774 $80,938

Insurance - $0.24/sf $4,566 $5,293 $5,957

Management @ 3% of EGR $23,302 $25,711 $27,719

Total Operating Expenses $127,934 $143,270 $156,811

FinancingThe property will be delivered free and clear of permant financing.

NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.

PRESERVE WEST CAPITAL | 4

FINANCIAL ANALYSIS PRICING

PRICE

$12,976,0005.00% Return

Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10

Scheduled Base Rental Revenue $675,976 $743,574 $798,716

Expense Reimbursement Revenue $110,518 $124,247 $135,501

Total Potential Gross Revenue $786,493 $867,821 $935,217

Assessments <$9,765> <$10,775> <$11,250>

Effective Gross Revenue $776,728 $857,046 $923,967

YEAR 1 YEAR 6 YEAR 10

Net Operating Income $648,794 $713,776 $767,156

CAP Rate 5.00% 5.50% 5.91%

Annual ExpensesCAM - $1.70/sf $32,341 $37,492 $42,197

Property Taxes - $3.56/sf $67,725 $74,774 $80,938

Insurance - $0.24/sf $4,566 $5,293 $5,957

Management @ 3% of EGR $23,302 $25,711 $27,719

Total Operating Expenses $127,934 $143,270 $156,811

FinancingThe property will be delivered free and clear of permant financing.

NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.

PRESERVE WEST CAPITAL | 4

FINANCIAL ANALYSIS PRICING

PRICE

$12,976,0005.00% Return

Projected Gross RevenueYEAR 1 YEAR 6 YEAR 10

Scheduled Base Rental Revenue $675,976 $743,574 $798,716

Expense Reimbursement Revenue $110,518 $124,247 $135,501

Total Potential Gross Revenue $786,493 $867,821 $935,217

Assessments <$9,765> <$10,775> <$11,250>

Effective Gross Revenue $776,728 $857,046 $923,967

YEAR 1 YEAR 6 YEAR 10

Net Operating Income $648,794 $713,776 $767,156

CAP Rate 5.00% 5.50% 5.91%

Annual ExpensesCAM - $1.70/sf $32,341 $37,492 $42,197

Property Taxes - $3.56/sf $67,725 $74,774 $80,938

Insurance - $0.24/sf $4,566 $5,293 $5,957

Management @ 3% of EGR $23,302 $25,711 $27,719

Total Operating Expenses $127,934 $143,270 $156,811

FinancingThe property will be delivered free and clear of permant financing.

NoteThe net income is an estimate and does not provide for all potential costs and expenses (i.e. maintenance, repair, etc.) that may be required of the owner. Any reserves set forth herein are merely estimates and not based on any experience, physical inspection, or prior knowledge. All prospective purchasers are strongly advised to make an independent investigation to determine their estimate of costs and expenses prior to entering into an agreement to purchase.

2017.12.10

Tulsa, OK — S Peoria Ave & E 37th St 36.109296-95.975973For Sale

Demographics 2017

Population

1 Mile Radius 9,7043 Mile Radius 77,0925 Mile Radius 194,274Average Household Income

1 Mile Radius $102,1503 Mile Radius $83,3735 Mile Radius $69,731Median Home Value

1 Mile Radius $245,1143 Mile Radius $213,7985 Mile Radius $166,723

Vehicles Per Day

Peoria Ave – 2014/2014

–N of 41st 21,400–S of 41st 24,500Peoria Ave – 2014

–N of 36st 19,100

Michael Maffia 415.373.4060 mike@preservewc.com | Putnam Daily 415.445.5107 putnam@preservewc.com Shaun Greear 208.908.5520 sgreear@hcollc.comHawkins Companies

855 West Broad Street, Suite 300Boise, ID 83702-7154 www.hcollc.com

street parking

E 37th St

E 37th Pl

S Peoria Ave21,400 (14)

Daily NeedsAnchor

AVAILABLESuite 3 –1,231 SF

existing site plan

Available

• Lot Size ±1.51 acres or 65,800 SF• Building 1 – 3702 S Peoria Ave

– Trader Joe’s: 12,045 SF• Building 2 – 3722 S Peoria Ave

– AT&T: 1,959 SF – Tropical Smoothie Café: 1,489 SF – Available: 1,231 SF – Blaze Pizza: 2,300 SF

• Parking – ±120 parking spaces available on site

Info

• Construction completed in 2016 of two retail buildings totaling approximately 19,024 SF

• Brookland North Shopping Center offers the unique oppor-tunity for an investor to acquire a newly constructed retail property anchored by a high performing Trader Joe’s grocery store in an established and growing region of Midtown Tulsa.

• The property is leased with long term leases to prominent na-tional and regional tenants including Trader Joe’s, Blaze Pizza, AT&T, and Tropical Smoothie Café. This strong retail location serves a wide trade area and is located conveniently near three highly trafficked highways, I-44 (91,699 AADT), State Hwy 64 (88,013 AADT) and State Hwy 412/ I- 242 (78,900 AADT).