Investment Highlights

CORPORATE ABSOLUTE NNN LEASE WITH SCHEDULED RENTAL INCREASES
» 20-year NNN lease with no landlord responsibilities
» 10% rental increases every five years, providing an excellent hedge against inflation
» Corporate lease guaranteed by Del Taco (NASDAQ: “TACO”), the second largest Mexican American quick service restaurant chain by units in the United States

PROMINENT RETAIL LOCATION IN HIGH-BARRIER-TO-ENTRY MARKET
» Excellent visibility and access to 48,845 vehicles per day at signalized intersection
» Adjacent to under-construction Chick-fil-A and outparcel to planned retail development
» Surrounded by state-owned land, creating exceptionally high barriers to entry

NEAR THE UNIVERSITY OF OKLAHOMA
» Just over a mile from the University of Oklahoma campus
» As the largest university in the state—with a total enrollment of 31,702 students—the university is a major economic driver for the region, employing 12,941 people
» Large football program, with over 80,000 people routinely attending football games
» Game day traffic drives sales at Norman businesses, especially those near campus
» The football program ranks among the top college football money-makers, with home games generating approximately $59.6 million in revenues throughout the football season, or about $8.8 million for each home game

CENTRAL LOCATION WITH LARGE CUSTOMER BASE
» Less than a mile from downtown Norman
» Close to several major hospitals, including Norman Regional Hospital (324 beds and 3,040 employees), Griffin Memorial Hospital (120 beds and 329 employees), and Norman Veterans Center (301 beds and 350 employees)
» Near a number of schools, including Norman North High School (2,300 students), Irving Middle School (815 students), Longfellow Middle School (745 students), and Lincoln Elementary School (310 students)
» Large population of 109,629 people living within a five-mile radius

FILL OUT THE FORM BELOW TO ACCESS OFFERING MEMORANDUM

Property Description

SOLD

The property is located just off of the signalized intersection of Alameda Street and 12th Avenue, with excellent visibility and access to 48,845 vehicles per day. Located in a dense retail corridor, the property is close to several large shopping centers and major national retailers. The property is adjacent to Walgreens and a Chick-fil-A that is currently under construction, and is across from a shopping center anchored by regional grocery chain Homeland. The property is also adjacent to Alameda Plaza—tenanted by Gold’s Gym and Dollar Tree—and a retail center featuring Harbor Freight Tools, Goodwill, and Sherwin-Williams. Other notable retailers near the property include Walmart Supercenter, Family Dollar, O’Reilly Auto Parts, and GameStop, among many others.

The property is located less than a mile from downtown Norman and is just over a mile from the University of Oklahoma. As the largest university in the state—with a total enrollment of 31,702 students—the university is a major economic driver for the region, employing 12,941 people. Additionally, the college’s football program contributes significantly to Norman’s economy, drawing over 80,000 spectators to each football game and bringing in out-of-town traffic from all over the country during game day weekends. Norman’s local businesses, especially areas around campus, benefit greatly from the game day traffic alone. The program ranks among the top college football money-makers, with home games generating approximately $59.6 million in revenues throughout the football season, or about $8.8 million for each home game. Furthermore, the property is just minutes from several major hospitals, including Norman Regional Hospital (324 beds and 3,040 employees), Griffin Memorial Hospital (120 beds and 329 employees), and Norman Veterans Center (301 beds and 350 employees). A number of schools are also located in the surrounding area, including Norman North High School (2,300 students), Irving Middle School (815 students), Longfellow Middle School (745 students), and Lincoln Elementary School (310 students). Additionally, the property is supported by a large customer base in the surrounding area, with 109,629 people living within a five-mile radius of the property.