EXCLUSIVE OFFERING | $2,734,876

7-Eleven, INC. – Corporate ABSOLUTE NNN

100 E. main street, Crowley, TX (DALLAS / Fort worth)

Property. 2,600+ SF building on 0.54+ acre site.

Tenant. Lessee: 7-Eleven, Inc. Operates in 16 countries and employs over 39,000 people. Founded in 1927 and headquartered in Dallas, Texas. Generated

$84.5 billion in revenues in 2013. S&P Rated AA-. Largest chain store operator worldwide with some 55,000 stores in 16 countries, 10,300+ are in North America.

Lease structure. Initial 10-year, corporate absolute NNN, with 6.5-years remaining and 10% rent increases every 5-years in Primary Term & Options.

Location. The subject property is located in Crowley, TX at the intersection of Highway 1187 (East Main Street) and South Hampton Road (15,478 cars / day).

The Crowley Square shopping center (48,215 SF) is located one block east of 7-Eleven. This shopping center is anchored by Brookshire’s and includes Family

Dollar, McDonalds, and Chicken Express as tenants. The site is 1 mile west of a newly constructed Walmart Supercenter. Crowley, TX is a suburb of Fort Worth,

TX with 12,838 residents located on the southern edge of Tarrant County directly south of Fort Worth and west of Burleson.

214.915.8890

BOB MOORHEAD

bob@trivanta.com

JOE CAPUTO

joe@trivanta.com

RUSSELL SMITH

rsmith@trivanta.com

SUBJECT PROPERTY

Table of contents | Disclaimer 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

Trivanta (“Agent”) has been engaged as an agent for the sale of the property located at 100

East Main St, Crowley, TX the owner of the Property (“Seller”). The Property is being

offered for sale in an “as-is, where-is” condition and Seller and Agent make no

representations or warranties as to the accuracy of the information contained in this

Offering Memorandum. The enclosed materials include highly confidential information and

are being furnished solely for the purpose of review by prospective purchasers of the

interest described herein. The enclosed materials are being provided solely to facilitate the

prospective investor’s own due diligence for which it shall be fully and solely responsible.

The material contained herein is based on information and sources deemed to be reliable,

but no representation or warranty, express or implied, is being made by Agent or Seller or

any of their respective representatives, affiliates, officers, employees, shareholders,

partners and directors, as to the accuracy or completeness of the information contained

herein. Summaries contained herein of any legal or other documents are not intended to be

comprehensive statements of the terms of such documents, but rather only outlines of

some of the principal provisions contained therein. Neither the Agent nor the Seller shall

have any liability whatsoever for the accuracy or completeness of the information contained

herein or any other written or oral communication or information transmitted or made

available or any action taken or decision made by the recipient with respect to the Property.

Interested parties are to make their own investigations, projections and conclusions without

reliance upon the material contained herein. Seller reserves the right, at its sole and

absolute discretion, to withdraw the Property from being marketed for sale at any time and

for any reason. Seller and Agent each expressly reserves the right, at their sole and

absolute discretion, to reject any and all expressions of interest or offers regarding the

Property and/or to terminate discussions with any entity at any time, with or without notice.

This offering is made subject to omissions, correction of errors, change of price or other

terms, prior sale or withdrawal from the market without notice. Agent is not authorized to

make any representations or agreements on behalf of Seller. Seller shall have no legal

commitment or obligation to any interested party reviewing the enclosed materials,

performing additional investigation and/or making an offer to purchase the Property unless

and until a binding written agreement for the purchase of the Property has been fully

executed, delivered, and approved by Seller and any conditions to Seller’s obligations

hereunder have been satisfied or waived. By taking possession of and reviewing the

information contained herein, the recipient agrees that (a) the enclosed materials and their

contents are of a highly confidential nature and will be held and treated in the strictest

confidence and shall be returned to Agent or Seller promptly upon request; and (b) the

recipient shall not contact employees or tenants of the Property directly or indirectly

regarding any aspect of the enclosed materials or the Property without the prior written

approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied

or otherwise reproduced without the prior written authorization of Seller and Agent.

PAGE 3: INVESTMENT | TENANT | LEASE OVERVIEW

PAGE 2: TABLE OF CONTENTS | DISCLAIMER

PAGE 8-9: LOCATION MAPS

PAGE 7: LOCATION OVERVIEW

Disclaimer

PAGE 10: DEMOGRAPHICS

PAGE 4-6: AERIAL PHOTOS

2

SUBJECT PROPERTY

Investment overview 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

Tenant overview 7-Eleven, Inc., a Texas corporation

Lease overview

PRICE | CAP $2,734,876

NET OPERATING INCOME: $143,581*

BUILDING AREA: 2,600+ Square Feet

LAND AREA: 0.54+ Acres

YEAR BUILT | RENOVATED 1987 | 2012

LANDLORD RESPONSIBILITY: None

OCCUPANCY: 100%

3

7-ELEVEN | www.7-eleven.com | S&P Rating: AA-

The brand name 7-Eleven is now part of an international chain of convenience stores, operating under Seven-Eleven Japan Co., Ltd., primarily operating as a

franchise. It is the largest chain store operator with approximately 55,000+ locations operating around the world, surpassing the previous record-holder McDonald’s Corporation

in 2007. Its stores are located in sixteen countries, with its largest markets being Japan, the United States, Canada, the Philippines, Hong Kong, Taiwan, Malaysia and

Thailand. 7-Eleven, Inc. as a former U.S.-originating company, is a subsidiary of Seven-Eleven Japan Co., Ltd, which in turn is owned by Seven & I Holdings Co. of

Japan. The US chain has its headquarters in downtown Dallas, Texas.

The company operates, franchises and licenses more than 10,300 stores in the U.S. and Canada. Of the more than 10,300 stores the company operates and franchises in the

United States, approximately 8,000 are franchised. Outside of the U.S. and Canada, there are more than 44,700 7-Eleven and other convenience stores in Japan, Taiwan,

Thailand, South Korea, China, Malaysia, Mexico, Singapore, Australia, Philippines, Indonesia, Norway, Sweden and Denmark.

7-Eleven also is one of the nation’s largest independent gasoline retailers. Its company’s name was changed from The Southland Corporation to 7-Eleven, Inc. after approval

by shareholders on April 28, 1999.

7-Eleven focuses on meeting the needs of convenience-oriented customers by providing a broad selection of fresh, high-quality products and services at everyday fair prices,

speedy transactions and a clean and friendly shopping environment. Each store’s selection of about 2,500 different products and services is tailored to meet the needs

and preferences of local customers. Stores typically vary in size from 2,400 to 3,000 square feet and are most often located on corners for great visibility and easy access. 7-

Eleven Accolades include: #2 on Franchise Times Top 200 Franchise Companies for 2013; #3 spot on Entrepreneur magazine’s Franchise 500 list for 2012, and #3 in Forbes

magazine’s Top 20 Franchises to Start. 7-Eleven is No. 3 on Fast Company magazine’s 2013 list of the “World's Top 10 Most Innovative Companies in Retail” and among the

Top Veteran-Friendly Companies for 2013 by U.S. Veterans Magazine and on GI Jobs magazine’s Top 100 Military Friendly Employers for 2014.

Projected Lease Expiration: May 2022

Projected Rent Commencement: May 2012

Initial Lease Term: 10-Years with 3, 5-year options to extend

Rent Increases: 10% Every 5 Years in Primary Term & Option’s

Lease Type: Corporate Absolute NNN

ROFR: Yes

Annual Rent Yrs 1-5: (Current) $130,529

Annual Rent Yrs 6-10: $143,581* (Begins May 2017)

Annual Rent Yrs 11-15 (Option 1): $157,940

Annual Rent Yrs 16-20 (Option 2): $173,734

Annual Rent Yrs 21-25 (Option 3): $191,107

*Pricing based on rent increase on 5/1/17. Seller will provide a rent credit to purchaser in the amount of

the difference between the current rent of $130,529 and the forth coming rent increase to $143,581/year.

Rent Abatement: 6-Month free rent period at the beginning of Tenant’s 2nd option

Aerial photo 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

5

Crowley City Hall

Crowley Square

Aerial photo 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

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Deer Creek

Elementary

Crowley Square

Crowley City Hall

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Aerial photo 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

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Interstate 35 (119,000 C

ars / Day)

Location overview 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

IMMEDIATE TRADE AREA

The subject property is located in Crowley, TX at the intersection of Highway

1187 (East Main Street) and South Hampton Road (15,478 cars / day). The

Crowley Square shopping center (48,215 SF) is located one block east of 7-

Eleven. This shopping center is anchored by Brookshire’s and includes Family

Dollar, McDonalds, and Chicken Express as tenants. The site is 1 mile west of

a newly constructed Walmart Supercenter. This Walmart opened for business

in March 2012. Three schools are located within a 1 mile radius of the subject

property. Crowley High School (1,863 students) is located 1 mile directly west

of the site on Main Street. Bess Race Elementary School (911 students) is

located 0.5 miles to the southwest of the subject property just past the point

where Highway 1187 and Main Street split. Deer Creek Elementary School

(676 students) is located 1 mile to the south of the subject property on South

Crowley Road.

Three large shopping centers, McAlister Square (190,000 SF), Burleson Town

Center (184,590 SF), and Gateway Station (280,430) are located within 3 miles

north of the site. McAlister Square shopping center is located at the intersection

of Highway 1187 and I-35 2.5 miles east of the subject property. McAlister

Square is anchored by Sears and Academy Sports. It also includes TGI

Fridays, Half Price Books, FedEx, Verizon, Mattress Firm, and Sushi Axiom.

The Gateway Station shopping center (280,430 SF) is adjacent to McAlister

Square to the south and is anchored by big box retailers Kohl’s, Michaels, Best

Buy, Staples, PetSmart, Ross, and TJ Maxx. Tenants in this shopping center

also include Pier One, Olive Garden, Logan’s Roadhouse, Red Lobster, Chick-

fil-A, and Buffalo Wild Wings. Burleson Town Center shopping center directly

south of Gateway Station and is anchored by JC Penney and Albertson's.

Burleson Town Center also includes Starbuck’s, Sally’s Beauty Supply, and

Wendy’s as tenants. Lowe’s Home Improvement, Chili’s, Outback, Cracker

Barrel, Spring Creek Barbeque, and IHOP are located directly on the opposite

side of I-35 from the three shopping centers.

CROWLEY, TX

Crowley, TX is a suburb of Fort Worth, TX with 12,838 residents located on the

southern edge of Tarrant County directly south of Fort Worth and west of

Burleson. The city of Burleson is located within the Dallas-Fort Worth

metropolitan area, approximately 8 miles south of downtown Fort Worth and 30

miles from downtown Dallas.

The trade area is experiencing a growth explosion within a three mile radius.

The population has grown 92.10% in the last 10 years and is projected to grow

another 21.70% in the next five years. The average household income is

$71,484. The top employers in Crowley are the Crowley ISD (1,657

employees) and Harbison Fischer (450 employees).

DALLAS-FORT WORTH-ARLINGTON MSA

The Dallas–Fort Worth–Arlington Metropolitan Statistical Area encompasses 12

counties within the U.S. state of Texas. It is the economic and cultural hub of

the region commonly called North Texas or North Central Texas and is the

largest land-locked metropolitan area in the United States.

The 2010 U.S. Census has the Dallas-Fort Worth Metroplex at 6,371,773.

During the 12-month period from July 2008 to July 2009, the Dallas-Fort Worth-

Arlington metropolitan area gained 146,530 new residents, more than any other

metropolitan area in the United States. The area's population has grown by

about one million since the last census was administered in 2000. The Dallas–

Fort Worth–Arlington MSA is, by population, the largest metropolitan area in

Texas, the largest in the South, the fourth-largest in the United States, and the

tenth largest in the Americas. The metropolitan area has the sixth largest

gross metropolitan product (GMP) in the United States, and approximately

tenth largest by GMP in the world.

Dallas and its suburbs have one of the highest concentrations of corporate

headquarters in the United States. As such, one of the largest industries in the

Metroplex is conducting business. The Metroplex also contains the largest

Information Technology industry base in the state (often referred to as Silicon

Prairie or the Telecom Corridor), due to the large number of corporate IT

projects and the presence of numerous electronics, computing and

telecommunication firms such as Texas Instruments, HP Enterprises Services,

Dell Services, i2, AT&T, Ericsson, CA and Verizon in and around Dallas. On

the other end of the business spectrum, and on the other side of the Metroplex,

the Texas farming and ranching industry is based in Fort Worth. Several major

defense manufacturers, including Lockheed Martin, Bell Helicopter Textron,

and Raytheon, maintain significant operations in the Metroplex. ExxonMobil,

the #1 corporation on the Fortune 500 listings, is headquartered in Irving,

Texas.

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Location map 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

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Location map 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

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2015 Est. Labor Population Age 16 Years or Over 5,567 41,711 107,880

2015 Est. Civilian Employed 71.9% 70.2% 66.7%

2015 Est. Civilian Unemployed 2.3% 3.0% 2.9%

2015 Est. in Armed Forces 0.2% 0.1% 0.2%

2015 Est. not in Labor Force 25.6% 26.7% 30.2%

2015 Labor Force Males 47.3% 46.8% 46.5%

2015 Labor Force Females 52.7% 53.2% 53.5%

2010 Occupation: Population Age 16 Years or Over 3,313 24,160 62,174

2010 Mgmt, Business, & Financial Operations 11.6% 12.8% 13.1%

2010 Professional, Related 18.6% 21.9% 21.7%

2010 Service 12.6% 14.6% 14.4%

2010 Sales, Office 34.1% 29.8% 28.5%

2010 Farming, Fishing, Forestry 0.1% 0.1% -

2010 Construction, Extraction, Maintenance 12.3% 8.4% 8.4%

2010 Production, Transport, Material Moving 10.8% 12.4% 13.7%

2010 White Collar Workers 64.3% 64.5% 63.4%

2010 Blue Collar Workers 35.7% 35.5% 36.6%

2010 Drive to Work Alone 84.6% 87.4% 86.2%

2010 Drive to Work in Carpool 12.0% 8.2% 8.8%

2010 Travel to Work by Public Transportation 0.4% 0.5% 0.7%

2010 Drive to Work on Motorcycle 0.6% 0.2% 0.2%

2010 Walk or Bicycle to Work 0.5% 0.8% 0.7%

2010 Other Means 0.3% 0.7% 0.7%

2010 Work at Home 1.6% 2.3% 2.7%

2010 Travel to Work in 14 Minutes or Less 14.0% 19.2% 18.5%

2010 Travel to Work in 15 to 29 Minutes 30.9% 32.0% 36.5%

2010 Travel to Work in 30 to 59 Minutes 41.8% 39.8% 37.2%

2010 Travel to Work in 60 Minutes or More 13.3% 9.0% 7.8%

2010 Average Travel Time to Work 29.8 27.2 26.0

2015 Est. Total Household Expenditure $153 M $1.16 B $2.88 B

2015 Est. Apparel $5.35 M $40.5 M $101 M

2015 Est. Contributions, Gifts $9.82 M $76.2 M $189 M

2015 Est. Education, Reading $5.65 M $44.1 M $109 M

2015 Est. Entertainment $8.59 M $65.2 M $162 M

2015 Est. Food, Beverages, Tobacco $23.7 M $178 M $443 M

2015 Est. Furnishings, Equipment $5.24 M $40.2 M $99.3 M

2015 Est. Health Care, Insurance $13.4 M $100 M $250 M

2015 Est. Household Operations, Shelter, Utilities $47.3 M $357 M $890 M

2015 Est. Miscellaneous Expenses $2.26 M $17.0 M $42.4 M

2015 Est. Personal Care $2.00 M $15.1 M $37.5 M

2015 Est. Transportation $29.7 M $224 M $556 M

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Crowley, TX 76036-2648

2015 Estimated Population 7,480 57,587 146,632

2020 Projected Population 8,099 62,437 158,659

2010 Census Population 6,950 50,364 132,713

2000 Census Population 4,492 22,686 76,438

Projected Annual Growth 2015 to 2020 1.7% 1.7% 1.6%

Historical Annual Growth 2000 to 2015 4.4% 10.3% 6.1%

2015 Estimated Households 2,669 19,314 50,394

2020 Projected Households 2,858 20,726 53,957

2010 Census Households 2,464 16,635 45,144

2000 Census Households 1,602 7,888 27,076

Projected Annual Growth 2015 to 2020 1.4% 1.5% 1.4%

Historical Annual Growth 2000 to 2015 4.4% 9.7% 5.7%

2015 Est. Population Under 10 Years 15.9% 16.9% 16.3%

2015 Est. Population 10 to 19 Years 15.3% 16.9% 16.1%

2015 Est. Population 20 to 29 Years 12.9% 13.6% 13.3%

2015 Est. Population 30 to 44 Years 21.8% 22.5% 21.6%

2015 Est. Population 45 to 59 Years 18.3% 17.5% 18.4%

2015 Est. Population 60 to 74 Years 12.1% 9.4% 10.6%

2015 Est. Population 75 Years or Over 3.8% 3.1% 3.6%

2015 Est. Median Age 33.2 31.1 32.4

2015 Est. Male Population 48.2% 48.1% 47.9%

2015 Est. Female Population 51.8% 51.9% 52.1%

2015 Est. Never Married 24.1% 27.0% 28.3%

2015 Est. Now Married 55.9% 53.5% 51.2%

2015 Est. Separated or Divorced 15.9% 15.4% 16.3%

2015 Est. Widowed 4.1% 4.1% 4.2%

2015 Est. HH Income $200,000 or More 2.5% 2.9% 3.3%

2015 Est. HH Income $150,000 to $199,999 3.9% 5.4% 4.8%

2015 Est. HH Income $100,000 to $149,999 16.2% 18.6% 15.8%

2015 Est. HH Income $75,000 to $99,999 16.0% 18.4% 16.6%

2015 Est. HH Income $50,000 to $74,999 24.0% 21.5% 21.2%

2015 Est. HH Income $35,000 to $49,999 10.1% 12.6% 13.4%

2015 Est. HH Income $25,000 to $34,999 7.5% 7.6% 8.7%

2015 Est. HH Income $15,000 to $24,999 9.4% 6.1% 7.3%

2015 Est. HH Income Under $15,000 10.4% 6.9% 8.9%

2015 Est. Average Household Income $74,066 $78,870 $74,142

2015 Est. Median Household Income $61,533 $72,248 $66,020

2015 Est. Per Capita Income $26,430 $26,457 $25,511

2015 Est. Total Businesses 262 1,131 3,227

2015 Est. Total Employees 2,201 10,415 29,905

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Crowley, TX 76036-2648

Demographics 7-Eleven, INC.

100 E. main street, Crowley, TX (DALLAS / Fort worth)

10