Chick- f i l - A / 1

*Representative of Location

CHICK-FIL-ACORPORATE GROUND LEASE

BR A N D N EW CONSTRUCTIONA BSOLUTE N N N LEA SE W ITH R EN TA L INCR EA SESHOUSTON, TEX A S

Chick- f i l - A / 2

+ Long Term, Absolute NNN Lease: 15-year base lease term with no landlord responsibilities.

+ 10% Rental Escalations: 10% rent increases every 5 years during the initial 15-year base lease term and the 8, 5-year option periods.

+ Corporate Ground Lease: Lease signed by Chick-fil-A, Inc., a Georgia corporation.

+ In Between 2 Anchored Shopping Centers: Conveniently located in between a Walmart Supercenter anchored shopping center and a Sam’s Club anchored shopping center.

+ Strong Population: Population of over 188,000 people in a 5-mile radius, including a daytime population of 113,000+.

+ Excellent Visibility & Traffic: Located on the going home side of Interstate 10 carrying 168,000+ cars per day.

+ Incredible Tenant Profile: Chick-fil-A is an extremely successful restaurant concept with an average revenue of $3.1 million* per unit.

+ Brand New Construction: New construction to be completed by late 2016.

OV ERV I E W

PROPERT Y CHICK-FIL-A (GROUND LEASE)GL A ( L A N D) 44,148 SF

PR ICE $2 , 266,666

LOCAT IONINTERSTATE 10 & HADEN ROADHOUSTON, TEX AS

CA P R AT E 3.75%

L A N DLOR D R E SPONSI BI L I T I E S NONE . ABSOLUTE NNN

*Representative Image

* QSR Magazine

Chick- f i l - A / 3EDGE – CM / E xecut i ve Summar y

EXECUTIVE SUMMARY

The fourth largest city in the nation, Houston is

a core market and is the 2nd fastest growing

economy in the United States. With over 1.8 million

residents added since 2000, Houston has enjoyed

tremendous growth and boasts a population of

close to 6.5 million residents. Houston enjoys the

status of being the economic and cultural hub of

the entire Gulf Region.

The property is leased to Chick-fil-A INC., a

Georgia corporation, the corporate entity. The

chain has over 2,000 restaurants across the US

averaging $3.1 million* per unit.

The base term of the ground lease is 15 years and

includes 10% rental increases during the term of

the lease as well as at the start of each eight, five-

year option periods. The lease is absolute NNN

with no landlord responsibilities.

GL A ( L A N D) 44,148 SF

PR ICE $2 , 266,666

CA P R AT E 3.75%

L A N DLOR D R E SPONSI BI L I T I E S

NONE . ABSOLUTE NNN

188,000+ POPUL ATION WITHIN 5 - MILE R ADIUS

HOUSTON IS THE FOURTH MOST POPULOUS CIT Y IN THE NATION

INTERSTATE 10 CARRIES OVER 168,000 CARS PER DAY

26 COMPANY HEADQUARTERS LOCATED WITHIN A 5 - MILE R ADIUS

Chick-fil-A is located on I-10, a major thoroughfare in

the Houston MSA that boasts 168,000+ cars per day.

Furthermore, the property is on the going home side of

I-10 and enjoys incredible visibility and access. Chick-

fil-A is conveniently located in between a Walmart

Supercenter anchored shopping center and a Sam’s

Club anchored shopping center.

The population within a 5-mile radius is over 188,000

and is supported by an incredible daytime population of

113,000+. Located near the heart of the Petrochemical

Industry, there are 26 company headquarters within a

5-mile radius of the restaurant.

Y E A R A N N UA LBA SE R E N T

R E N TA LI NCR E A SE

1 -5 $85,000.00 10%

6 -10 $93,500.00 10%

11 -15 $102 ,850.00 10%

16 -20 (OPTION 1 ) $113 ,135 .00 10%

21 -25 (OPTION 2) $124 ,448 .50 10%

26 -30 (OPTION 3) $136,893. 35 10%

31 -35 (OPTION 4) $150,582 .69 10%

36 -40 (OPTION 5) $165,640.95 10%

41 -45 (OPTION 6) $182 , 205.04 10%

46 -50 (OPTION 7 ) $200,425.54 10%

51 -55 (OPTION 8) $220,468 .09 10%

CON T R ACT UA L R EN T SU M M A RY:

COR E I N V ESTOR M A R K ET

IN V ESTMENT OPPORTU NIT Y

LOCATION

* QSR Magazine

Chick- f i l - A / 4

TENANT PROFILE

Chick-fil-A is an incredibly popular quick service restaurant chain specializing in chicken entrées that has rapidly become a favorite amongst Americans.

Founded in College Park, Georgia by Dan T. Cathy in 1946, the chain now has more than 2,000 restaurants in the United States. Chick-fil-A retains ownership

of each restaurant, selecting and building the location. The chain generates more revenue per restaurant than any other fast food chain and took the industry

lead with an average of $3.1 million*.

OVER 2 ,000 LOCATIONS ACROSS THE SOUTHEASTERN UNITED STATES

$6 BILLION IN REVENUE IN 2015

8TH LARGEST FAST FOOD CHAIN IN THE UNITED STATES

TENA NT OV ERV IEW

COMPANY CHICK-FIL-A

T YPE PRIVATELY HELD

INDUSTRY QUICK SERVICE RESTAURANTS

HEADQUARTERS COLLEGE PARK, GEORGIA

FOUNDED 1946 BY DAN T. CATHY

# OF LOCATIONS 2,000+

REVENUE $6 BILLION (2015)

* QSR Magazine

Chick- f i l - A / 5

AREA OVERVIEW AERIAL

EDGE – CM / The Proper t y

EDGE Realty Capital Markets exclusively presents the

listing of Chick-fil-A (“Property”) for your acquisition. The

owner is offering for sale the Property through its exclusive

listing with the team.

EDGE Realty Capital Markets and owner provides the

material presented herein without representation or

warranty. A substantial portion of information must be

obtained from sources other than actual knowledge and

not all sources can be absolutely confirmed. Moreover, all

information is subject to changes by the parties involved as

to price or terms before sale, to withdrawal of the Property

from the market, and to other events beyond the control of

EDGE Realty Capital Markets or owner. No representation

is made as to the value of this possible investment other

than hypothetical scenarios. It is encouraged that you or

any of your affiliates consult your business, tax and legal

advisors before making a final determination of value or

suitability of the Property for acquisition.

As a condition of EDGE Realty Capital Markets’ consent

to communicate the information contained herein–as

well as any information that may be communicated to you

subsequently either verbally or in writing by EDGE Realty

Capital Markets, owner or agents of either of these parties

regarding the Property–it is required that you agree to

treat all such information confidentially.

DISCLAIMER

Pos t wood P laza / 7

E XCLUSI V E L IST I NG BROK ER S

JOSH JACOBS

Principal jjacobs@edge-cm.com

713.900.3001

BURDETTE HUFFMAN

Principal bhuffman@edge-cm.com

713.900.3024

KE VIN HOLL AND

Senior Vice President kholland@edge-cm.com

713.900.3025

CHICK-FIL-ACORPORATE GROUND LEASE

INTERSTATE 10 & HADEN ROAD

HOUSTON, TEXAS 77015

CONFIDE NTIAL OFFE RING ME MOR ANDUM

A S OF JULY 13 , 2016

5444 Westheimer, Suite 1650Houston, Texas 77056

T 713.900.3000edge-cm.com