26
4,431 SF SINGLE TENANT ABSOLUTE NNN LEASE INVESTMENT OPPORTUNITY COTTON PATCH SEC HIGHWAY 66 & SOUTH REAVIS ROAD CLAREMORE, OKLAHOMA *REPRESENTATIVE PHOTOGRAPH
4,431 SF SINGLE TENA N T
A BSOLUTE N N N LEA SE
IN V ESTMEN T OPPORT U NIT Y
COTTON PATCH SEC H IGH WAY 66 & SOU T H R E AV IS ROA D
CL A R EMOR E , OK L A HOM A
*REPRESENTATIVE PHOTOGRAPH
E XCLUSI V E L IST I NG BROK ER S
5950 Berkshire Lane, Suite 700 Dallas, Texas 75225
T 214.545.6900 edge-cm.com
CONFIDE NTIAL OFFE RING ME MOR ANDUM
COTTON PATCHSEC H IGH WAY 66 & SOU T H R E AV IS ROA D
CL A R EMOR E , OK L A HOM A
BR ANDON CROWAssociate
BR ANDON BEESONPrincipal
EDGE RE ALT Y CAPITAL MARKETS Cot ton Patch / 3
TABLE OF CONTENTS
EXECUTIVE SUMMARY 5
THE PROPERTY 6
DETA I LS 7
LOCAT ION M A P 8
A ER I A L 9
SI T E PL A N 12
THE FINANCIALS 13
PR ICI NG 14
CA SH F LOW 14
R EN T SCH EDU L E 15
L E A SE A BST R ACT 16
T ENA N T PROF I L E 17
THE MARKET 18
M A R K ET OV ERV I E W - OK L A HOM A 19
M A R K ET OV ERV I E W - CL A R EMOR E 20
DEMOGR A PH ICS 21
DISCLAIMER 2 5
OV ERV I E W + Brand new 15-year Absolute NNN lease including 5, 5-year options with rent increases
+ Low maintenance, low-risk investment opportunity with appealing, high-quality construction (built in 2018)
+ Great access and visibility off of US Highway 66
+ Located along main retail corridor, home to notable tnenats including Walmart Supercenter, Lowe's Home Improvement, Whataburger, McDonalds, and more
+ Cotton Patch Cafe is a stable, nationally recognized tenant with continued growth - over 50 locations
PROPERT Y COTTON PATCHGL A 4,431 SF
PR ICE $2 ,711 ,111
LOCAT IONSEC HIGHWAY 66 & SOUTH REAVIS ROADCL AREMORE , OKL AHOMA 74019
CA P R AT E 6.75%
EDGE RE ALT Y CAPITAL MARKETS Cot ton Patch / 5
EXECUTIVE SUMMARY
LOCATION
Claremore is the county seat of Rogers County, sitting 25 miles northeast of downtown Tulsa and just 16 miles east of Owasso. The city is home to Rogers State University, and large employers such as Baker Hughes, Tulsa Port of Catoosa, and Will Rogers Casino.
Rogers County is the 6th largest county in Oklahoma. Rogers County is included in the Tulsa, OK Metropolitan Statistical Area. The Tulsa Metropolitan area encompasses over 970,000 people, with expectations to rise 4% annually. With expansion rising, many of the northern suburbs are attracting major employers and new developments.
LOW-R ISK OF F ER ING
Cotton Patch ("Property") is a 4,431-square foot retail asset located off Highway 66 in the retail hub of Claremore. This main corridor features notable tenants including Walmart Supercenter, Lowe’s Home Improvement, Whataburger, McDonalds, and La Quinta Inn. Residential neighborhoods surround the property and have easy access to the location. The Property was built in 2018 and sits on 1.26 acres.
Cotton Patch is a stable, nationally recognized tenant with over 50 locations. There are 15 years remaining on a brand new 15 year absolute NNN
lease, including 5, 5 year options with 10% rent increases.
COUNT Y SEAT OF ROGERS COUNT Y - FASTEST GROWING COUNT Y IN OKL AHOMA
25 MILES NORTHEAST OF DOWNTOWN TULSA
HOME TO ROGERS STATE UNIVERSIT Y
TULSA MSA ENCOMPASSES 970,000+ PEOPLE
GL A 4,431 SF
PR ICE $2 ,711 ,111
PR ICE PSF $611 .85
CA P R AT E 6.75%
THE PROPERTY
DETA I LS /
LOCAT ION M A P /
A ER I A LS /
SI T E PL A N /
Cot ton Patch / 7EDGE RE ALT Y CAPITAL MARKETS
DETAILS
DEMOGR A PH IC SNA PSHOT
1 M I L E 3 M I L E 5 M I L E
TOTAL POPUL ATION 5,545 23,737 31,967
TOTAL DAY TIME POPUL ATION 5,768 19,354 23,012
AVER AGE HOUSEHOLD INCOME $60,260 $66,932 $73,800
A DDR E S SSEC HIGHWAY 66 & SOUTH REAVIS ROAD CL AREMORE , OKL AHOMA 74017
L A N D A R E A ± 1 . 26 AC
GL A 4,431 SF
Y E A R BU I LT 2018
OCCU PA NC Y 100%
PA R K I NG95 SPACES, 3 HANDICAP21 PER 1 ,000 SF
ZON I NG CH
TA X AU T HOR I T Y / I D ROGERS COUNT Y / 2645783
BU I L DI NG E X T ER IOR METAL EX TERIOR
ROOF FL AT
H VAC ROOF MOUNTED UNITS
SI T E L IGH T I NG BUILDING MOUNTED LIGHTS
PA R K I NG LOT GOOD CONDITION, CONCRETE
Cot ton Patch / 8EDGE RE ALT Y CAPITAL MARKETS
LOCATION MAP
NEW TULSA
OWASSO
TULSASAND SPRINGS
BROKEN ARROW244
51
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SKIATOOK COLLINSVILLE
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SEQUOYAH
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Cot ton Patch / 9EDGE RE ALT Y CAPITAL MARKETS
AERIAL
Cot ton Patch / 10
AERIAL
EDGE RE ALT Y CAPITAL MARKETS
Cot ton Patch / 11
AERIAL
EDGE RE ALT Y CAPITAL MARKETS
Cot ton Patch / 12EDGE RE ALT Y CAPITAL MARKETS
SITE PLAN
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RESTAURANT49,578 SF / 1.14 AC4,431 SF95 SPACES = 1/47 SF1/100 SF REQUIRED
ZONING = CH
ASPEN DENTAL37,230 SF / .85 AC3,500.00 SF30 SPACES = 9 /1,000 SF
25' BLDG SETBACK
132.
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202.
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94.8
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246.03'
281.36'
RESTAURANT4,431 SF
TRASH54,932 SF1.26 AC
38,219 SF.88 AC
VAN
209.
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PR ICI NG /
CA SH F LOW /
R EN T SCH EDU L E /
L E A SE E X PI R AT IONS /
T ENA N T PROF I L E S /
THE FINANCIALS
Cot ton Patch / 14EDGE RE ALT Y CAPITAL MARKETS
PRICING
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10 YEAR 11
YE 5/31/2019 YE 5/31/2020 YE 5/31/2021 YE 5/31/2022 YE 5/31/2023 YE 5/31/2024 YE 5/31/2024 YE 5/31/2025 YE 5/31/2026 YE 5/31/2027 YE 5/31/2028
REVENUE
BASE RENTAL REVENUE $183,000 $183,000 $183,000 $183,000 $183,000 $201,300 $201,300 $201,300 $201,300 $201,300 $221,430
SCHEDULED BASE RENTAL REVENUE $183,000 $183,000 $183,000 $183,000 $183,000 $201,300 $201,300 $201,300 $201,300 $201,300 $221,430
OPERATING EXPENSES
TOTAL OPERATING EXPENSES - - - - - - - - - - -
NET OPERATING INCOME $183,000 $183,000 $183,000 $183,000 $183,000 $201,300 $201,300 $201,300 $201,300 $201,300 $221,430
IN-PLACE NOI $183,000
IN-PLACE CAP RATE 6.75%
PRICE $2,711,111
PRICE PSF $611.85
PRICING
YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 7 YEAR 8 YEAR 9 YEAR 10 YEAR 11
YE 5/31/2019 YE 5/31/2020 YE 5/31/2021 YE 5/31/2022 YE 5/31/2023 YE 5/31/2024 YE 5/31/2024 YE 5/31/2025 YE 5/31/2026 YE 5/31/2027 YE 5/31/2028
REVENUE
BASE RENTAL REVENUE $183,000 $183,000 $183,000 $183,000 $183,000 $201,300 $201,300 $201,300 $201,300 $201,300 $221,430
SCHEDULED BASE RENTAL REVENUE $183,000 $183,000 $183,000 $183,000 $183,000 $201,300 $201,300 $201,300 $201,300 $201,300 $221,430
OPERATING EXPENSES
TOTAL OPERATING EXPENSES - - - - - - - - - - -
NET OPERATING INCOME $183,000 $183,000 $183,000 $183,000 $183,000 $201,300 $201,300 $201,300 $201,300 $201,300 $221,430
IN-PLACE NOI $183,000
IN-PLACE CAP RATE 6.75%
PRICE $2,711,111
PRICE PSF $611.85
PRICING
CASH FLOW
Cot ton Patch / 15EDGE RE ALT Y CAPITAL MARKETS
RENT SCHEDULE
TENANT BUILDING SF
TERM YEARS LEASE DATES MONTHLY GROUND RENT
MONTHLY IMPROVEMENT
RENT
MONTHLY BASE RENT
ANNUAL BASE RENT
ANNUAL RENT PSF
% RENTAL INCREASE
LEASE TYPE
1 - 5 May 8, 2018 - May 31, 2023 $6,250.00 $9,000.00 $15,250.00 $183,000.00 $41.30 -
6 - 10 June 1, 2023 - May 31, 2028 $6,875.00 $9,000.00 $15,875.00 $190,500.00 $42.99 4.10%
11 - 15 June 1, 2028 - May 31, 2033 $7,562.50 $9,000.00 $16,562.50 $198,750.00 $44.85 4.33%
16 - 20 (Option 1) June 1, 2033 - May 31, 2038 $8,318.75 $9,900.00 $18,218.75 $218,625.00 $49.34 10.00%
21 - 25 (Option 2) June 1, 2038 - May 31, 2043 $9,150.63 $10,890.00 $20,040.63 $240,487.50 $54.27 10.00%
26 - 30 (Option 3) June 1, 2043 - May 31, 2048 $10,065.69 $11,979.00 $22,044.69 $264,536.25 $59.70 10.00%
31 - 35 (Option 4) June 1, 2048 - May 31, 2053 $11,072.26 $13,176.90 $24,249.16 $290,989.88 $65.67 10.00%
36 - 40 (Option 5) June 1, 2053 - May 31, 2058 $12,179.48 $14,494.59 $26,674.07 $320,088.86 $72.24 10.00%
BASE TERM: 15 YEARS
COTTON PATCH CAFÉ
4,431
RENEWAL OPTIONS:
5 x 5-YEARS
ABSOLUTE NNN
Cot ton Patch / 16EDGE RE ALT Y CAPITAL MARKETS
LEASE ABSTRACT
TENANT:
SQUARE FOOTAGE:
ORIGINAL SQUARE FOOTAGE:
ADDITIONAL SQUARE FOOTAGE: N/A
SPECIFIC USE:
DOCUMENTATION:
RENT COMMENCEMENT DATE:
LEASE EXPIRATION DATE:
TERM:
SECURITY DEPOSIT:
Period Per Month Annual
March 17, 2018 - March 31, 2023 $6,250.00 $75,000.00
April 1, 2023 - March 31, 2028 $6,875.00 $82,500.00
April 1, 2028 - March 31, 2033 $7,562.50 $90,750.00
Remaining Renewal Options
Term 1: April 1, 2033 - March 31, 2038 $8,318.75 $99,825.00
Term 2: April 1, 2038 - March 31, 2043 $9,150.63 $109,807.50
Term 3: April 1, 2043 - March 31, 2048 $10,065.69 $120,788.25
Term:4: April 1, 2048 - March 31, 2053 $11,072.26 $132,867.08
Term 5: April 1, 2053 - March 31, 2058 $12,179.48 $146,153.78
RENEWAL OPTION(S):
CAM PAYMENTS:
INSURANCE PAYMENTS:
RE TAX PAYMENTS:
UTILITIES:
TENANT MAINTENANCE:
LANDLORD MAINTENANCE:
PERCENTAGE RENT: N/A
March 31, 2033
15 years
None.
BASE RENT:
5, 5-year renewal options remaining. Tenant must provide written notice of at least 180 days prior to the expiration of the term.
Tenant pays CAM directly
Tenant shall pay directly to the insurance company.
Tenant shall pay directly to the taxing authority.
Tenant shall pay for all utilities furnished to the premises.
Tenant shall be responsible for all maintenance and improvements subject to the property including all structural components, roof, mechanical systems, HVAC, water, electrical, airventilaing, heating, air conditioning, sewerage along with any continued maintenance, repair and upkeep
Landlord shall have no responsibility whasoever for the repair, maintence or replacement of improvements
March 17, 2018
Cotton Patch Café Restaurant
4,431
N/A
Premises shall be used for the construction and operation of a Cotton Patch Café Restaurant, which is a full service restaurant, including but not limited to, dine-in and/or out-door patiodining service facility, carry-out and delivery service, and off-street parking incident thereto.
Lease dated April 21, 2017.
Cot ton Patch / 17EDGE RE ALT Y CAPITAL MARKETS
TENANT PROFILE
Cotton Patch Café is an American scratch-made southern food restaurant, headquartered in Grapevine, Texas. The first location opened in Nacogdoches, Texas in 1989. The founders’ goal was to create a home-style family restaurant and serve classic Southern recipes made fresh from scratch in a warm, inviting atmosphere where guests could feel welcome.
Today, the chain consists of 50+ dining restaurants in Texas, New Orleans, Oklahoma and Arkansas. The menu offers Southern-style dishes including fried green tomatoes, “chicken-fried” steak and fried pickles. Cotton Patch Café was acquired by Altamont Capital Partners of Palo Alto, California in 2015.
SI Z E 4,431 SF
LOCAT IONS 50+
STOCK SY M BOL PRIVATE
W EBSI T E COTTONPATCHCAFE .COM
M A R K ET OV ERV I E W - OK L A HOM A /
M A R K ET OV ERV I E W - CL A R EMOR E /
DEMOGR A PH ICS /
THE MARKET
Cot ton Patch / 19EDGE RE ALT Y CAPITAL MARKETS
TULSA#1 PL ACE TO L I V E I N T H E U. S .
#5 MOST L I VA BL E CI T Y I N T H E U. S .
555 ,0 0 0 A N N UA L V I SI TOR S
MARKET OVERVIEW - OKLAHOMA
POPUL ATION
3,911,388
#1 LOWEST COST OF DOINGBUSINESS IN THE U.S.
5 FORTUNE 500 COM PA N I ES CA L L OK L A HOM A HOM E
TOP 10 STATE FOR DOING BUSINESS
9,200+ JOBSCR EATED IN 2015
25% CHEAPER RENTT H A N U.S. AV ER AGE
3RD LOWEST COST OF LI V ING IN THE U.S.
3RD LARGEST GA S PRODUCI NG STAT E I N T H E U.S.
LAWTONTOP 15 H IGH E ST JOB GROW T H I N A SM A L L CI T Y
M A JOR R ETA I L H U B I N SOU T H W E ST OK L A HOM A
NORMAN# 2 CH E A PE ST PL ACE TO L I V E I N T H E U. S .
#1 PL ACE TO L I V E I N OK L A HOM A
U N I V E R SI T Y OF OK L A HOM A -
2 8 ,0 0 0 + ST U DE N TS E N ROL L E D
OKLAHOMA CITY#1 MOST A F FOR DA BL E M ET RO FOR YOU NG A DU LTS I N T H E U. S .
# 3 BE ST L A RGE CI T Y TO STA RT A BUSI N E S S I N T H E U. S .
#1 CI T Y FOR F I R ST-T I M E HOM E BU Y E R S I N T H E U. S .
BROKEN ARROW2 N D FA ST E ST GROW I NG CI T Y I N OK L A HOM A
15T H BE ST BOOM I NG SU BU R B I N T H E U. S .
Cot ton Patch / 20EDGE RE ALT Y CAPITAL MARKETS
MARKET OVERVIEW – CLAREMORE, OKLAHOMA
DEMOGR A PHICS
POPULATION 19,228
TOTAL HOUSEHOLDS 144,962
AVERAGE HOUSEHOLD INCOME $61,886
MEDIAN AGE 33.3
BACHELOR DEGREE + 29.30%
TOTAL EMPLOYEES 10,807
L A RGE ST EM PLOY ER S
BAKER HUGHES 1,000 Employees
ROGERS STATE UNIVERSITY 555 Employees
CLAREMORE PUBLIC SCHOOLS 550 Employees
CLAREMORE REGIONAL HOSPITAL 500 Employees
WALMART SUPERCENTER 500 Employees
CLAREMORE INDIAN HOSPITAL 400 Employees
AXH AIR COOLERS LLC 390 Employees
CLAREMORE VETERANS CENTER 350 Employees
CITY OF CLAREMORE 322 Employees
ROGERS COUNTY 260 Employees
ROGERS IS NORTHEA ST OK L A HOM A’S
FASTEST GROWING COUNTY
SEAT OF 6TH LARGEST COUNTY IN OKLAHOMA
STEA DY GROW TH PATTER N FROM 2014 -17
4,979 // MANUFACTURING
4,406 // HEALTH CARE
3,178 // RETAIL
2,135 // EDUCATION
LEADING INDUSTRIES BY NUMBER OF JOBS
HOME TO ROGERS STATE U NI V ERSIT YSTAT E’S FA ST EST GROW I NG 6 -Y E A R CA M PUS 2 ,89 0 ST U DEN TS I N CL A R EMOR E
TOURISM TOW N A LONG ROUTE 66WILL ROGERS MEMORIAL MUSEUM BIGGEST TOW N DR AW
JM DAVIS ARMS & HISTORICAL MUSEUM L A RGEST PR I VAT E COL L ECTION OF F I R E A R MS
4.13% INCREASEI N POPU L ATION
3.94% INCREASEI N EM PLOY EES
Cot ton Patch / 21EDGE RE ALT Y CAPITAL MARKETS
DEMOGRAPHICS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
POPUL ATION
E ST I M AT E D POP U L AT ION (2 017) 5,545 23,737 31,967
A DJ UST E D DAY T I M E DE MOGR A P H IC S AGE 16 OR OV E R (2 017) 5,768 19,354 23,012
E ST I M AT E D HOUS E HOL DS (2 017) 2,069 9,161 12,300
P ROJ ECT E D A N N UA L GROW T H 2 010 TO 2 0 2 2 0.5% 0.9% 0.9%
P ROJ ECT E D POP U L AT ION (2 0 2 2) 5,796 24,783 33,289
P ROJ ECT E D HOUS E HOL DS (2 0 2 2) 2,221 9,809 13,122
TOTA L E M P LOY E E S (2 017) 3,851 11,060 12,159
TOTA L DAY T I M E AT HOM E POP U L AT ION (2 017) 1,917 8,294 10,853
TOTA L E M P LOY E E S (% OF DAY T I M E POP U L AT ION 2 017) 66.8% 57.1% 52.8%
DAY T I M E AT HOM E (% OF DAY T I M E POP U L AT ION 2 017) 33.2% 42.9% 47.2%
BUSINESS DEMOGR APHICS
TOTA L BUSI N E S S E S 496 1,258 1,384
COM PA N Y H E A DQUA RT E R BUSI N E S S E S 2 3 4
TOTAL AGE DISTRIBUTION
% POP U L AT ION AGE 0 - 9 13.0% 12.4% 12.0%
# POP U L AT ION AGE 0 - 9 722 2,936 3,843
AGE U N DE R 5 Y E A R S 380 1,500 1,924
AGE 5 TO 9 Y E A R S 342 1,436 1,919
AGE 10 TO 14 Y E A R S 306 1,355 1,954
AGE 15 TO 19 Y E A R S 442 1,761 2,321
AGE 2 0 TO 2 4 Y E A R S 658 2,249 2,708
AGE 2 5 TO 2 9 Y E A R S 530 1,876 2,260
AGE 3 0 TO 3 4 Y E A R S 396 1,519 1,976
AGE 35 TO 3 9 Y E A R S 336 1,270 1,756
AGE 4 0 TO 4 4 Y E A R S 280 1,139 1,597
AGE 4 5 TO 4 9 Y E A R S 281 1,270 1,829
AGE 5 0 TO 5 4 Y E A R S 280 1,302 1,884
AGE 55 TO 5 9 Y E A R S 294 1,394 2,030
Cot ton Patch / 22
DEMOGRAPHICS
EDGE RE ALT Y CAPITAL MARKETS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
TOTAL AGE DISTRIBUTION
AGE 6 0 TO 6 4 Y E A R S 260 1,275 1,866
AGE 6 5 TO 6 9 Y E A R S 196 1,096 1,594
AGE 70 TO 74 Y E A R S 199 1,059 1,478
AGE 75 TO 7 9 Y E A R S 151 815 1,088
AGE 8 0 TO 8 4 Y E A R S 120 746 938
AGE 8 5 Y E A R S OR OV E R 94 674 845
M E DI A N AGE 30.8 35.4 37.0
R ACE & ETHNICIT Y
% W H I T E 66.1% 70.4% 71.7%
% BL ACK OR A F R IC A N A M E R IC A N 2.0% 2.1% 1.7%
% A M E R IC A N I N DI A N OR A L A S K A NAT I V E 11.9% 10.1% 9.6%
% A SI A N 0.6% 0.7% 0.7%
% H AWA I I A N OR PACI F IC I S L A N DE R 0.1% - -
% H I S PA N IC POP U L AT ION 8.0% 5.5% 5.0%
% NOT H I S PA N IC POP U L AT ION 92.0% 94.5% 95.0%
HOUSEHOLD INCOME
E ST I M AT E D M E DI A N HOUS E HOL D I NCOM E $42,971 $51,807 $57,452
E ST I M AT E D AV E R AGE HOUS E HOL D I NCOM E $60,260 $66,932 $73,800
E ST I M AT E D P E R C A PI TA I NCOM E $23,579 $26,365 $28,804
HOUSEHOLD INCOME DISTRIBUTION
% H H I NCOM E U N DE R $10 ,0 0 0 9.1% 6.6% 5.5%
% H H I NCOM E $10 ,0 0 0 TO $14 , 9 9 9 7.4% 6.2% 5.1%
% H H I NCOM E $15,0 0 0 TO $ 2 4 , 9 9 9 14.3% 11.2% 9.9%
% H H I NCOM E $ 2 5,0 0 0 TO $ 3 4 , 9 9 9 10.8% 10.0% 9.4%
% H H I NCOM E $ 35,0 0 0 TO $ 4 9, 9 9 9 18.1% 15.9% 15.1%
% H H I NCOM E $ 5 0 ,0 0 0 TO $74 , 9 9 9 17.3% 19.7% 19.8%
% H H I NCOM E $75,0 0 0 TO $ 9 9, 9 9 9 10.6% 13.1% 13.8%
% H H I NCOM E $10 0 ,0 0 0 TO $12 4 , 9 9 9 6.3% 7.7% 9.1%
% H H I NCOM E $12 5,0 0 0 TO $14 9, 9 9 9 2.8% 4.0% 5.2%
% H H I NCOM E $15 0 ,0 0 0 TO $19 9, 9 9 9 2.0% 3.3% 4.3%
% H H I NCOM E $ 2 0 0 ,0 0 0 OR MOR E 1.3% 2.3% 2.8%
Cot ton Patch / 23
DEMOGRAPHICS
EDGE RE ALT Y CAPITAL MARKETS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
EDUCATIONAL ATTAINMENT
A DU LT POP U L AT ION AGE 2 5 Y E A R S OR OV E R 3,417 15,436 21,141
% E L E M E N TA RY (GR A DE L E V E L 0 TO 8) 3.6% 3.1% 2.9%
% SOM E H IGH SCHOOL (GR A DE L E V E L 9 TO 11) 8.4% 5.5% 5.0%
% H IGH SCHOOL GR A DUAT E 37.9% 33.2% 33.3%
% SOM E COL L EGE 28.4% 26.8% 26.5%
% A S SOCI AT E DEGR E E ON LY 8.5% 9.9% 10.0%
% BACH E LOR DEGR E E ON LY 10.8% 15.3% 16.2%
% GR A DUAT E DEGR E E 2.5% 6.1% 6.1%
HOUSING UNITS
TOTA L HOUSI NG U N I TS 2,069 9,161 12,300
% HOUSI NG U N I TS OW N E R- OCC U PI E D 56.3% 63.7% 69.6%
% HOUSI NG U N I TS R E N T E R- OCC U PI E D 43.7% 36.3% 30.4%
2010 CENSUS DEMOGR APHICS
CE NSUS POP U L AT ION (2 010) 5,486 22,485 30,173
CE NSUS POP U L AT ION I N HOUS E HOL DS (2 010) 5,169 21,481 29,122
% FA M I LY HOUS E HOL DS (2 010) 63.3% 66.7% 69.7%
% NON-FA M I LY HOUS E HOL DS (2 010) 36.7% 33.3% 30.3%
F E M A L E POP U L AT ION (2 010) 2,707 11,620 15,518
% F E M A L E POP U L AT ION (2 010) 49.3% 51.7% 51.4%
M A L E POP U L AT ION (2 010) 2,779 10,865 14,655
% M A L E POP U L AT ION (2 010) 50.7% 48.3% 48.6%
2010 HOME VALUE
% HOM E VA LU E S U N DE R $10 ,0 0 0 3.7% 2.1% 2.0%
% HOM E VA LU E S $10 ,0 0 0 TO $ 2 4 , 9 9 9 3.2% 2.4% 2.5%
% HOM E VA LU E S $ 2 5 ,0 0 0 TO $ 3 4 , 9 9 9 2.4% 2.0% 2.1%
% HOM E VA LU E S $ 35 ,0 0 0 TO $ 4 9, 9 9 9 1.7% 1.3% 1.2%
% HOM E VA LU E S $ 5 0 ,0 0 0 TO $ 5 9, 9 9 9 2.5% 1.7% 1.5%
% HOM E VA LU E S $ 6 0 ,0 0 0 TO $ 6 9, 9 9 9 6.0% 2.3% 1.8%
% HOM E VA LU E S $70 ,0 0 0 TO $7 9, 9 9 9 6.7% 4.8% 3.9%
Cot ton Patch / 24
DEMOGRAPHICS
EDGE RE ALT Y CAPITAL MARKETS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
2010 HOME VALUE
% HOM E VA LU E S $ 8 0 ,0 0 0 TO $ 8 9, 9 9 9 9.2% 5.1% 4.1%
% HOM E VA LU E S $ 9 0 ,0 0 0 TO $ 9 9, 9 9 9 12.1% 6.6% 5.3%
% HOM E VA LU E S $10 0 ,0 0 0 TO $12 4 , 9 9 9 15.6% 16.7% 15.5%
% HOM E VA LU E S $12 5,0 0 0 TO $14 9, 9 9 9 12.0% 14.0% 13.4%
% HOM E VA LU E S $15 0 ,0 0 0 TO $174 , 9 9 9 10.1% 14.6% 16.0%
% HOM E VA LU E S $175,0 0 0 TO $19 9, 9 9 9 5.2% 6.7% 7.7%
% HOM E VA LU E S $ 2 0 0 ,0 0 0 TO $ 2 4 9, 9 9 9 4.6% 12.0% 14.5%
% HOM E VA LU E S $ 2 5 0 ,0 0 0 TO $ 2 9 9, 9 9 9 3.4% 5.7% 6.6%
% HOM E VA LU E S $ 3 0 0 ,0 0 0 TO $ 3 9 9, 9 9 9 1.3% 3.5% 4.1%
% HOM E VA LU E S $ 4 0 0 ,0 0 0 TO $ 4 9 9, 9 9 9 1.7% 2.6% 2.9%
% HOM E VA LU E S $ 5 0 0 ,0 0 0 TO $74 9, 9 9 9 1.7% 1.2% 1.4%
% HOM E VA LU E S $75 0 ,0 0 0 TO $ 9 9 9, 9 9 9 0.2% 0.4% 0.7%
% HOM E VA LU E S $1,0 0 0 ,0 0 0 OR MOR E - 0.3% 0.4%
OW N E R- OCC U PI E D M E DI A N HOM E VA LU E $108,601 $139,596 $149,916
EDGE Realty Capital Markets exclusively presents the listing of Cotton Patch (“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
E XCLUSI V E L IST I NG BROK ER S
5950 Berkshire Lane, Suite 700 Dallas, Texas 75225
T 214.545.6900 edge-cm.com
CONFIDE NTIAL OFFE RING ME MOR ANDUM
BR ANDON CROWAssociate
BR ANDON BEESONPrincipal
COTTON PATCHSEC H IGH WAY 66 & SOU T H R E AV IS ROA D
CL A R EMOR E , OK L A HOM A
