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Exclusively offered by:

Birnbaum Property Company

P.J. Pfeiffer Executive Vice President 200 Concord Plaza, Suite 860

San Antonio, TX 78216 (210) 349-7711 Ext. 204

ppfeiffer@birnbaumproperty.com

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I. Executive Summary

II. Area Overviews

III. Location Map

IV. Photos of Center

V. Site Plans & Aerial

VI. Disclosure & Due Diligence

VII. TREC Form

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Executive Summary

Address: 8803 Hwy 151, San Antonio, Texas 78245 Property Description: This 10,575sf 4-tenant retail investment is located in San Antonio’s Westover Hills area, on the Northeast Corner of US Highway 151 & Potranco Rd, with excellent visibility. Built in 2013, the Property is 100% Leased to a diverse mix of Tenants. Two of

the leases representing 70% of the GLA have primary lease terms of 10 years, and the other two tenants have 5 year terms. Three of the four tenants have base rent increases during their primary lease terms.

Tenants: Western Dental, Total Nutrition, Next Care and Goodwill of San Antonio

Western Dental: “As California's oldest and most experienced dental and oral health maintenance organization, the Western Dental team includes over 4000 doctors assistant managers administrators and clerical personnel. We provide high-quality affordable dental and oral health care to thousands of people and we are here to serve you. At Western Dental Group, we pride ourselves in making dental care easy. We accept private insurance, offer no interest payment plans and have individual and group plans to make a dental and oral health care convenient and accessible to anyone in California, Arizona, Nevada and Texas.”

Total Nutrition: “Total Nutrition is your number one source for sports nutrition, vitamins and weight loss supplements. Stop into any of our 100 locations nationwide for complementary fitness and diet assessment from one of our certified sports nutrition specialists. Your success is our passion, and we look forward to providing you with the absolute best customer service and information each and every time you visit one of our locations.”

Next Care: “As one of the nation’s largest providers of urgent care and occupational medical services, we at Next Care strive to ensure you and your family will experience the highest level of care. We operate more than 100 clinics in Arizona, Colorado, Kansas, Missouri, New Mexico, North Carolina, Ohio, Oklahoma, Texas, Virginia and Wyoming – 7 days a week, 365 days a year.”

Goodwill: “Goodwill meets the needs of all jobseekers including programs for youths, seniors, veterans and people with disabilities, criminal backgrounds and other specialized needs. Last year Goodwill helped more than 9.8 million people train for careers in industries such as banking, IT and healthcare to name a few - and get the supporting services they needed to be successful, such as English language training, additional education, or access to transportation and childcare.” Goodwill Industries of San Antonio is one of the strongest Goodwills in the country with over $65,000,000.00 in total revenue in 2014.

Investment Overview: The subject property is located on the northwest corner of US Hwy 151 and Potranco Road in the growing area of San Antonio known as Westover Hills. There are 272,000 people with an average household income of over $62,000 within 5 miles of the property. John Paul Stevens High School is located just 1.5 miles west of the subject property, which is one of the largest high schools in San Antonio with almost 4,000 students. Earl Warren High School is about 1.5 miles to the east as well. Additionally, the site is 3 miles from the 250 acre Sea World

Amusement Park which is a top tourist attraction in Texas. The subject property is directly across from a soon to be developed HEB grocery anchored development. The retailers that will be surrounding the property include the likes of HEB, YMCA, McDonald's, Raising Canes, Gold’s Gym, Wendy's, Pacific Dental, Pollo Tropical, First Choice Emergency, Starbucks, Dunkin' Donuts and others.

Demographics 2015: Area Population grew over 28% from 2000-2010, and is projected to grow another 18% by 2016.

Traffic Counts: Highway 151 = 97,000 VPD Potranco Rd = 28,000 VPD

Price: $5,119,423.00

Capitalization Rate: 6.50%

Terms: Cash to Seller

Tenant Base Rent: $332,762.50

Triple Net Charges: Taxes $5.20psf CAM $2.70psf Insurance $0.30psf Total $8.20psf

Lot Size: 1.13 Acres

Building: 10,575sf

Year Built: 2013

Contact: P.J. Pfeiffer Executive Vice President

200 Concord Plaza, Suite 860 San Antonio, TX 78216 (210) 349-7711 Ext. 204 ppfeiffer@birnbaumproperty.com

1 Mile 3 Mile 5 Mile

Population 14,221 120,910 283,879

Households 4,622 40,759 92,249

Avg. HH Income $77,738 $65,837 $66,791

Median Age 31.6 31.5 31.2

Area Overview

Westover Hills Overview: Once the site of a visit from Pope John Paul II almost 30 years ago, the far West San Antonio neighborhood of Westover Hills has evolved from a sprawling, master-planned subdivision into one of the city’s hot spots for business development. Situated along the Hwy 151 corridor between Potranco Road and Loop 1604, the community is host to Hyatt Hill Country Resort Golf Course and Sea World Amusement Park.

Westover Hills has become a hub of sorts, locally, for the development of data centers, as companies such as Microsoft Corp. and Stream Data Centers have made significant investments in the community. Several well-established companies, and even a local utility, have announced plans for development.

Frost Bank announced it is developing an office complex that will ultimately accommodate more than 300 employees presently housed at the downtown-based Rand building, which the lender recently sold. The new Frost Bank facility will be built on a 25-acre tract along Rogers Run in Westover Hills. In the same area, some 10 acres of land along Rogers Road already is the site for Frost Bank’s $50 million, 71,000-square-foot data center, which opened in 2009. Another company and a utility each have a new data center in the works in Westover Hills.

CPS Energy is starting work on a $34 million data center meant to replace aging downtown structures that currently house the utility’s computer systems. CPS Energy expects to finish constructing its 66,000-square-foot center in April 2015, planning to move computer servers and data-storage equipment from its two present data centers over the rest of the year. The utility’s new data center will be located along Richland Hills Drive near State Highway 151.

Dallas-based firm CyrusOne has broken ground on a data center, which includes 180,000 square feet of raised floor space, and 22,000 square feet of Class A office space. This project’s first phase, slated for completion this summer, will feature a building out of 50,000 square feet of raised floor space and 14,000 square feet of office space. CyrusOne’s new data center will be built only a few miles from the firm’s first local facility, an 110,000-square-foot structure.

Two local hospitals, also, are contributing to Westover Hills’ commercial growth. In January, Christus Santa Rosa Hospital-Westover Hills opened its third freestanding medical office building, a 70,000-square-foot structure that represents an extra $12 million investment in the neighborhood hospital campus. Representatives from the retailer Kohl’s recently appeared at Christus Santa Rosa Hospital-Westover Hills to present a check for more than $112,000 toward the Children’s Hospital of San Antonio’s Pediatric Mobile Clinic. The money will help support Christus Santa Rosa’s provision of free immunizations for children and teenagers in the region.

San Antonio Overview: San Antonio (for St. Anthony) is officially the “City of San Antonio” the seventh largest, most populous city in the United States of America, and the second most populous city in the state of Texas with a population of 1,409,019. It was the fastest growing of the top 10 largest cities in the United States from 2000 to 2010. 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 home to six fortune 500 companies and the South Texas Medical Center; the only medical research and care provider in the South Texas region.

San Antonio serves as the state of Bexar County. The city has characteristics of

other western urban centers in which there are sparsely populated areas and a low density rates outside the city limits. San Antonio is the center of the cell The San Antonio - Mew Braunfels Metropolitan Statistical Area commonly referred to as Greater San Antonio. The metropolitan area has a population of 2.27 million based on the 2013 U.S. Census estimate, making it to the 25th largest metropolitan area in the United States and third largest in the state of 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.

San Antonio was named for St. Anthony of Padua, whose feast day is on June 13

by a 1691 Spanish expedition in the area. It is notable for Spanish colonial missions, the Alamo, the Riverwalk, the Tower of the Americas, the Alamo Bowl, and Marriage Island. Commercial entertainment includes Seaworld and Six Flags Fiesta Texas theme parks, and the city is visited by approximately 26 million tourists per year according to the San Antonio Convention and Visitors Bureau. The city is home to the five time NBA champions San Antonio Spurs and hosts the annual San Antonio Stock Show and Rodeo in one of the largest such events in the country.

The US Armed Forces have numerous facilities in San Antonio; Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base (which constitute Joint Base San Antonio), and Lackland AFB/Kelly Field Annex are within the city, with Camp Bullis and Camp Stanley located just outside the city limits. Kelly Air Force Base operated out of San Antonio until 2001 when the airfield was transferred to Lackland Air Force Base the remaining portions of the baseboard developed as Port San Antonio an industrial/business park.

SSaann AAnnttoonniioo,, TTXX Location Map

SShhooppppiinngg CCeenntteerr Photos

SShhooppppiinngg CCeenntteerr Site Plan

SITE

Jay

Taft

Holmes

Stevens

O'Conner

Clark HS

Marshall HS

Westover Hills

Health Careers HS1044 Lots

Aviara186 Lots

Amhurst928 Lots Lakeview

347 LotsSundance405 Lots

Rivermist865 Lots

Aspen Park87 Lots

Canterbury476 Lots

Wolf Creek589 Lots

Westcreek4835 Lots

Dove Creek632 Lots

Westwinds1580 Lots

Stone Creek728 Lots

Cobblestone355 Lots

Cross Creek320 Lots

New Leaf Hms600 Lots

Trophy Ridge533 LotsWeston Oaks

1415 LotsPotranco Run550 Lots

Bella Vista1197 Lots

Remuda Ranch478 Lots

Tierra Del Sol31 Lots

Marbach Place303 Lots

Aspen Heights846 Lots

Laura Heights444 Lots

Grissom Trails337 Lots

Stevens Ranch6675 LotsRedbird Ranch

6000 Lots Gordon's Grove229 Lots

Falcon Landing510 Lots

AR Riverstone1824 Lots

Estonia Estates714 Lots

Wurzbach Heights90 Lots

Summerwood Park126 Lots

Wildhorse Vista274 LotsKallison Ranch

6298 Lots

Ingram Road Subd124 Lots

Monticello Ranch540 Lots

Wind Gate Ranch1265 Lots

Alamo Ranch East1967 Lots

Talise de Culebra500 Lots Stillwater Ranch

1895 Lots

Saddle Creek Estates73 Lots

West Pointe East MDP700 Lots

Preserve at Park Vista49 Lots

Park at Cimarron Enclave57 Lots

AR Hill Country Retreat2250 Lots

Wildhorse at Tausch Farms877 Lots

NORTHWEST VISTACOLLEGE

WestPointe East3100 Lots

WestPointe West3700 Lots

Arcadia2912 Lots

McCrary Tract4430 Lots

Weimer1693 Lots

Nickel200 Lots

Ali Tract600 Lots

Pettinger Tract1150 Lots

WestPointe North1040 Lots

Milestone Dev530 Lots

Weimer300 Lots

Paesanos Tract700 Lots

TRP Res II 423 Ac

S&P Holdings-250 Acres250 Lots

Stransky - 570 Acres570 Lots

TRP Res I 48 Ac

Westcreek East1804

West Oak Estates208

Laurel Canyon462

Meadows of Bridgewood988

Hills of Shaenfield596

Chestnut Springs451

Hearthstone58

Westover Valley371

Braunridge261

Enclave at Lakeside458

Enclave at Hausman229

Westbury Place267

Enclave Westover Hills265

The Ridge at Leon Valley0

QVC

USAA

Maxim

Valero

Pet Co.

Seaworld

CitiCorp

Microsoft

Nationwide

Frost Bank

Chase Bank

Wells Fargo

South Texas

Huebner Oaks

Hyatt Resort

Hilton Resort

Ingram Park Mall

Southwest Biomed

Takata Seatbelts

National Security

Lowe's Data Center

Fred Loya Insurance

Texas Research Park

Westover Medical ParkNISD Athletic Complex

Southwest Research Institute

HELOTES

LEON VALLEY

§̈¦410

§̈¦10

§̈¦410

¬«151

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Silver Oaks1537 Lots

Westward Pointe139 Lots

Laurel Mountain Ranch1620 Lots

CapitalGroup

Source: Esri, DigitalGlobe, GeoEye, i-cubed, USDA, USGS, AEX, Getmapping, Aerogrid, IGN, IGP, and the GIS UserCommunity

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±Aerial Photography of Bexar, Kendall & Comal County 2013Other Counties provided by ESRI

Map & Data prepared for Birnbaum Property Company

by Wendell Davis & Associates05.2014 210.804.1919

The information contained herein was obtained from sources believed reliable as of the date of this map. Wendell Davis & Associates makes no guarantees, warranties,or representations as to the completeness or accuracy thereof.

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Disclosure & Due Diligence

Disclosure:

All materials and information received or derived from Birnbaum Property Company (BPC) its directors, officers, agents, advisers, affiliates and or any third-party sources, are provided without representation or warranty by BPC, it's directors, officers, agents, advisors or affiliates as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither BPC, its directors, officers, agents, advisors or affiliates makes any representation or warranty, expressed or implied, as to the accuracy or completeness of any materials or information provided derived or received. Materials and information from any source, whether written or verbal that may be furnished for review are not a substitute for a party's active conduct of its own due diligence to determine these and other matters of significance to such party. BPC will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

All Parties Shall Conduct Their Own Independent Investigation and Due Diligence:

Any party contemplating or under contract or in escrow and section is urged to verify all information and to conduct their own inspections and investigations including through appropriate third-party independent professionals selected by such party. All financial data should be verified by the party including obtaining and reading applicable documents and reports and consulting appropriate independent professionals. BPC makes no warranties and/or representations regarding the veracity, completeness or relevance of any financial data or assumptions. BPC does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance including that used for financial modeling purposes may differ from actual data or performance. Any estimates of market rent and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations, as well as market conditions vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects and contractors, or other consultants and government agencies. All properties and services are marketed by BPC in compliance with all applicable fair housing and equal opportunity laws.