5 . 8 3 A C R E S | 2 1 , 4 3 1 S F FA C I L I T Y | S I N G L E T E N A N T N E T L E A S E | N . S T E M M O N S / VA LW O O D I N D U S T R I A L S U B M A R K E T

1681 S. BROADWAYC A R R O L L T O N , T E X A S

O F F E R I N G S U M M A R Y

O F F E R P R I C E : $ 2 , 0 0 0 , 0 0 0 | Y E A R 1 C A P R AT E : 8 . 0 4 %

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PROPERTY PROFILE:

NET RENTABLE AREA: 21,434 SF

LAND AREA: 5.8251 Acres

OFFICE AREA: +/- 60% of net rentable area

HVAC AREA: +/- 60% of net rentable area

HVAC UNITS (AGE): Two 5-ton Units (2016)

Three Additional Units (2012)

LOADING TYPE: Rear-Load, Grade-Level

LOADING DOORS: 5 x Grade-Level

WAREHOUSE CLEAR HEIGHT: 14’ to 18’

SPRINKLERED: No

YEAR BUILT/RENOVATED: 1956 / 2006 / 2016

ROOF DETAILS: BUR & Gravel Roof

Replaced in Q4 2016

ZONING: LI (Light Industrial District)

ADDITIONAL ATTRIBUTES:

> Paved, fenced, striped and secured rear truck court

(+/- 72 ambulance/van parking spaces)

> Paved excess employee parking lot

(+/- 74 car parking spaces)

> Visitor and executive parking area

(+/- 21 car parking spaces)

> Unimproved excess land for future building or

parking expansion

> Metal auxiliary building with sandpit subsurface for

ambulance/truck auto washing

OVERVIEW

THE PROPERTY1681 S. Broadway Street in Carrollton, Texas is a double-net leased, single tenant investment opportunity

located in the North Stemmons / Valwood Industrial submarket within the greater Dallas/Fort Worth Metroplex.

Allegiance Mobile Health is the sole tenant at the Property, having occupied the facility since 2011. Allegiance

Mobile Health is able to utilize the property given the unique and wide range of attributes available, including

quality, multifunctional office space, grade-level loading, expansive parking areas for employees and ample

concrete surface secure storage areas for ambulance and van parking.

Allegiance Mobile Health recently executed a new 5-year lease extension through March 31, 2022, providing future

ownership a predictable cash flow with a lease structure that requires minimal landlord responsibilities. Additionally,

the tenant has one rental rate increase in 2020 that will produce an additional $10,700 of contractual net income for

the duration of the lease term. The functionality of the land and structures is important to the tenant as they conduct

a myriad of functions at the facility, including a dispatch call center, training, executives, accounting, administrative

and vehicle storage and repair. Ample excess land offers incredible upside in this infill location.

Both the landlord and tenant have invested significant capital into the project, including replacement

of two of the 5 rooftop HVAC units in 2016 (remaining three units were replaced in 2012), a complete

replacement of the roof in 2016 and a number of other improvements that total in excess of $300,000.

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OVERVIEW

LOCATION WITHIN N. STEMMONS / VALWOOD INDUSTRIAL SUBMARKETThe property benefits from an infill location as it sits in the heart of the N. Stemmons / Valwood industrial market.

Interstate 35, located less than ½ of a mile to the west of the Property, traverses the U.S. from the Canadian border

to the north and Mexican border to the south and is a major trucking and distribution artery. The property also

offers direct access to I-635, Hwy 161 and Hwy 121, giving tenants the ability to travel in any direction within the

Metroplex. The N Stemmons / Valwood submarket allows tenants to be located at the intersection of I-35 and

I-635, providing access to the entire North Dallas population and business community. Compared to other major

industrial submarkets, N Stemmons / Valwood operates as an infill market with very little land available for new

development, translating to very few new development starts since 2016. This lack of land supply has resulted in

an industrial vacancy rate of 4.70% with increasing rental rates over the past four years.

Break Room Call Center

INVESTMENT HIGHLIGHTS> 5.83 acres of land in an infill industrial submarket with minimal remaining land sites> Single tenant, double-net leased investment with minimal landlord responsibilities> Contractual rental rate increases fixed renewal option with increased market rent> Site and building functionality is difficult to replicate at an infill location> Underutilization of the site offers opportunity for future value-add pursuits> Proximity to major thoroughfares, including Interstate-35 and Interstate-635

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OVERVIEW

TENANT OVERVIEWAllegiance Mobile Health is the largest private Texas based provider of medical transportation and 911 emergency services throughout the state. The company currently employs in excess of 1,200 employees, operating 300 vehicles which provide 911 services to nearly 30 communities. The company completes more than 250,000 service requests annually, but offers a wide array of services, including but not limited to 911 services, medical transportation, medical precertification coordination, critical care paramedicine, special event services and continuing education & training.

DESIRABLE DALLAS / FORT WORTH MARKET FUNDAMENTALSThe Dallas / Fort Worth Industrial market ended the fourth quarter of 2016 with a vacancy rate of 6.5%. The vacancy rate

on shallow bay product across D/FW was even stronger, coming in at 3.80% matching the 3.80% vacancy rate within the

North Stemmons / Valwood submarket. Net absorption totaled a positive 5.57 million square feet across D/FW industrial

product and a positive 5.14 million square feet in warehouse product, marking historically staggering momentum.

The fourth quarter of 2016 equates to the 20th quarter in a row to post positive net absorption in D/FW industrial product.

MAJOR UPSIDE POTENTIAL AND POTENTIAL CONVERSION OF HIGHEST AND BEST USEDue to the location and the submarket dynamics within the immediate area, 1681 S. Broadway offers multiple exit

strategies in the future. Sites within the immediate surrounding area are being repositioned and redeveloped to an array

of different uses, including retail, quazi-retail and automobile dealerships, which have become very active in purchasing

and repositioning assets like 1681 S. Broadway. Due to extremely limited industrial land within the submarket, this 5.82

acre site also becomes very attractive as a potential redevelopment opportunity as an industrial site in the future. The

asset offers unique characteristics including single tenancy, secured outside storage, heavy parking, etc. that are extremely

hard to recreate, which would support increasing rental rates over time.

Employee Parking Lot Repair Shop Supply RoomDispatch Call Center

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35

635635

35

VALWOOD PARKWAY

BURNING TREE LANE

DALLAS CBDLAS COLINAS

A+W TRUCKING

1681 S. BROADWAY

AREA AMENITIES MAP

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TERMS AND CONDITIONS

OFFERING PACKAGE:Seller is seeking bids for its fee simple interest in 1681 S. Broadway in Carrollton, Texas.

TERMS:All cash on an as-is, where-is basis.

SUBMIT OFFER TO:Jamie Jennings, James MantzuranisStream Realty Partners, L.P. 2001 Ross Avenue Suite 2800 Dallas, Texas 75201

Facsimile: 214.210.1452 or 214.210.1415jjennings@streamrealty.comjmantzuranis@streamrealty.com COMPANY INFORMATION:Please provide a complete acquisition history/resume.

FINANCING DISCLOSURE:Please provide evidence of funding, both equity

and debt, if appropriate.

CONFIDENTIALITY STATEMENT AND DISCLAIMER

The information contained in this package is furnished solely for the purpose of review by a prospective purchaser of 1681 S. Broadway in Carrollton, Texas (the “Property”) and is not to be used for any other purpose or made available to any other person without the express written consent of Stream Realty Partners, L.P, or any of its affiliates (“Stream”). The information contained in this package is from sources deemed reliable, but is not guaranteed by Stream in any way and is subject to change in price, corrections, errors and omissions, prior sale or withdrawal without notice.

Summaries of any documents are not intended to be comprehensive or all-inclusive, but rather a general outline of the pertinent provisions contained herein. Prospective purchasers should rely upon their own financial projections and conclusions without reliance upon the material contained herein and conduct their own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous material used in the construction or maintenance of the Property or located at the site.

No copies of this package may be made in whole or in part without the prior written consent of Stream or the Property Owner. This package is the property of Stream and may be used only by parties approved by Stream or the Property Owner. The Property is privately offered and, by accepting this package, the party in possession hereof agrees that the package and its contents are of a confidential nature and will be held and treated in the strictest confidence.

OFFER PRICE: $2,000,000

YEAR 1 CAP RATE: 8.04%

INVESTMENT SALES:Jamie Jennings

214.267.0452

jjennings@streamrealty.com

James Mantzuranis

214.267.0494

jmantzuranis@streamrealty.com

MARKET EXPERT:Blake Kendrick

214.267.0472

bkendrick@streamrealty.com