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[ actual property ] significant Commercial District in Dallas near the arts district and downtown average incomes of $97k NNN WALGREENS dallas long lease term remaining Click for Map [ www.CapitalPacific.com ] 5001 Ross Avenue, Dallas, TX 75206 WALGREENS | 1

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Page 1: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

[ actual property ]

significant Commercial District in Dallasnear the arts district and downtownaverage incomes of $97k

NNN WALGREENSdallaslong lease term remaining

Click for Map

[ www.CapitalPacific.com ]

5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1

Page 2: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

Capital Pacific collaborates. Click Here to meet the rest of our San Francisco team.

Listing Team Contact Info

NNN WALGREENS ON COMMERCIAL THOROUGHFARE IN URBAN DALLAS. 12+ YEARS REMAINING ON LEASE, GOOD SALES.

investment highlights

RenTAble SF . . . . . . . . . . . 14,820 SFloT Size . . . . . . . . . . . . . . . 1.60 ACCuRRenT RenT . . . . . . . . $24/SFYeAR builT . . . . . . . . . . . 2003

PRICE: $6,691,570CAP: 5.35%

[ actual property ]

RICK [email protected] | (415) 274-2709CA BRE# 01792433

aaron [email protected] | (415) 481-0377CA BRE# 01961568

bob [email protected] | (415) 274-2717CA BRE# 00869657

In conjunction with TX Licensed Broker:Peter Ellis (210) 325-7578 | [email protected]

Walgreens | 2

Page 3: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

inveSTmenT highlighTS S & P investment grade tenant and the largest drugstore chain

12+ years remaining on lease

loCATion highlighTS

Ross Avenue is a commercial thoroughfare in urban Dallas, leading into the city’s world-renowned Arts District. This property is situated 2½ miles south of the Southern Methodist University campus and 1 mile north of Baylor University Medical Center, just

east of the North Central Expressway (Highway 75)

Dallas–Fort Worth–Arlington metropolitan area (DFW MSA) has a population of about 7,000,000. For decades it has been one of the highest growth areas in the country

The Ross Avenue corridor has a number of new residential and retail projects

Nearby tenants include Chase, Payless, Wing Stop, Sprouts, CVS and many other national names

The site is about four miles north of the Central Business District

Strong demographics: more than 366,000 people within 5 miles with an average household income exceeding $90,000

leASe highlighTS

Tenant pays all expenses including real estate taxes, insurance and all maintenance

Ten 5-year renewal options at the same rent. These options are better than many Walgreens leases, which feature decades of 1-year options

366,000+ Residents within a 5-mile radiusNational Tenant

core characteristics

[ actual property ]Walgreens | 3

Page 4: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

Ross Ave

nue

Ross Ave

nue

Dallas north Tollw

ay

S munger boulevard

75

75

75

67

35e

35e

35e

30

45

366

CiTYPlACe mARKeT

James W. Fannin

elementary

Alex W. Spence Talented/gifted

Academy

north Dallas high School

barbara m. mann’s high School

ignacio zaragosa

elementarybooker T. Washington high School

Sam houston elementary

Dallas Theological

Seminary

Criswell College

20,05

5 DAILY

aerial

Walgreens | 4

Page 5: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

PRICE $6,691,570Price Per Square Foot: $451.52

Capitalization Rate: 5.35%

Total Rentable Area (SF): 14,820

Lot Size (Acres): 1.60

STABILIZED INCOME Per Square FootScheduled Rent $24.16 $357,999

Effective Gross Income $24.16 $357,999

LESS Per Square FootTaxes NNN $0.00

Insurance NNN $0.00

Total Expenses $0.00

EQUALS NET OPERATING INCOME $357,999

[ actual property ]

income & expense

Walgreens | 5

Page 6: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

TENANT INFO LEASE TERMS RENT SUMMARY

Tenant Name Sq. Ft. Term Current Rent

Monthly Rent

Yearly Rent

Monthly Rent/FT

Yearly Rent/FT

Walgreens 14,820 9/5/2003 9/31/2028 $357,999 $29,833 $357,999 $2.01 $24.16

Totals: 14,820 $357,999 $29,833 $357,999 $2.01 $24.16

There are ten 5-year renewal options at the same rent.

[ actual property ]

TENANT INFO

rent roll

Walgreens | 6

Page 7: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

walgreens boot alliance overview

Walgreens Boots Alliance (NASDAQ: WBA) is the first global pharmacy-led health and well-being enterprise in the world. The company was created through the combination of Walgreens and Alliance Boots of England in December 2014, bringing together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted health care services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years.

WBA is the parent company of Walgreen Co. Walgreens provides about 80% of the revenue and profits of WBA. The parent company employs over 370,000 people and has a presence in more than 25 countries. It is the largest retail pharmacy, health and daily living destination in the USA and Europe.

Walgreens Boots Alliance has more than 13,100 stores. The company includes the largest global pharmaceutical wholesale and distribution network with over 350 distribution centers delivering to more than 200,000 pharmacies, doctors, health centers and hospitals each year in 19 countries. In addition, Walgreens Boots Alliance is the world’s largest purchaser of prescription drugs and many other health and wellbeing products. Its portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare.

Walgreens is largest drugstore chain in the U.S. with fiscal 2015 sales of more than $80 billion. Founded with a single store in Chicago in 1901, Walgreens today has more than 8,170 drugstores. Walgreen Co. has announced it will acquire Rite-Aid, subject to regulatory approval. If approved, this will happen in the latter half of 2016.

6.2m customers visit

Walgreens stores daily

FoRTune mAgAzine ToP 5 WoRlD’S moST ADmiReD ComPAnieS

march 2015

FoRbeS 165Th ouT oF 2000 lARgeST globAl PubliC ComPAnieS

may 2015

company profile

company: Walgreens Boots Alliance (Parent)

Walgreen Co. (Subsidiary)

no. of retail locations: 13,100 (as of 2/2015) 8,173 (as of 8/31/2015)

credit rating: S&P: BBB S&P: BBB

Total Sales: $103.44 Billion $80.97 Billion

net income: $4.22 Billion (A)

net Worth: $31.3 Billion N/A

Website: www.walgreensbootsalliance.com

www.walgreens.com

(A) Based on footnote information in the WBA public reports, Walgreens Co. provides about 80% of the net income of WBA. Talk to broker for details.

Walgreens | 7

Page 8: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

ALL photos In the offerIng

Are the ActuAL store

photos

Walgreens | 8

Page 9: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

regional map

DALLAs

13 mIn3 mILes

WAlgReenS loCATionRegionAl mAP

Walgreens | 9

Page 10: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

AbouT DAllAS, TX

Dallas is the economic center of the 12-county Dallas-Fort Worth-Arlington metropolitan area which had an estimated population of 6,955,000 in 2014, making it the fourth most populous mentropolitan area in the country.

In 2013, the metropolitan area led the U.S. with the largest year-over-year increase in employment, and advanced to the fourth-largest employment center in the nation with more than three million non-agricultural positions.

The city’s top industries include banking, commerce, telecommunications, computer technology, energy, healthcare, medical research, transportation and logistics. Dallas is home to the third-largest concentration of Fortune 500 companies in the nation.

In the rankings released in 2013, Dallas was rated as a “beta plus” world city by the Globalization and World Cities Study Group & Network, and was 14th in the world rankings of GDP by the Organization for Economic Co-operation and Development.

Dallas became a strong industrial and financial center, and a major inland port, due to its convergence of major railroad lines, interstate highways, and the Dallas/Fort Worth International Airport, one of the largest and busiest airports in the world.

location

2015 househoLD Incomes

popuLAtIon

Employer # of Employees*WalMart Stores 52,700

American Airlines Group 23,700

Baylor Health Care System 22,000Texas Health Resources 16,205*Approximate

top empLoYers In DALLAs/fort Worth

3-Mile 5-Mile

2010 160,747 344,7672015 173,428 366,2412020 186,726 389,972

3-Mile 5-Mile

Average $97,883 $90,406Median $60,463 $52,786

Walgreens | 10

Page 11: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

A unique HUMANRESULTS-DRIVEN client experience

The CAPiTAl PACiFiC eXPeRienCe - ouR DAilY CommiTmenT To ouR ClienTS

[ www.CapitalPacific.com ]

[ Copyright © 2016 Capital Pacific ]

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John AnDReini

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Capital Pacific collaborates. Click Here to meet the rest of our San Francisco team.

In conjunction with TX Licensed Broker:Peter Ellis | (210) 325-7578 | [email protected]

RiCK [email protected] | (415) 274-2709 CA BRE# 01792433

bob [email protected] | (415) 274-2717 CA BRE# 00869657

AARon [email protected] | (415) 481-0377 CA BRE# 01961568

[ actual property ]

Page 12: NNN WALGREENS dallas - Capital Pacific...NNN WALGREENS dallas long lease term remaining Click for Map [ ] 5001 Ross Avenue, Dallas, TX 75206 Walgreens | 1 Capital Pacific collaborates

10-10-11

B efore 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. 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 subagency 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. IF THE BROKER REPRESENTS THE BUYER: 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 ACTS AS AN INTERMEDIARY: 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

Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

Information About Brokerage Services

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

intermediary. The written consent must state who will pay the broker and, in conspicuous bold or 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 that 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 that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, 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.

Buyer, Seller, Landlord or Tenant Date

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov)

TREC No. OP-K