ardin rossing Shopping enter NT - Vision...Lease Start Lease Exp Net Base PSF Net Base Rent Rent Per Mo Reconciled 2017 NNN Annual Collected NNN TOTAL INCOME Rent Increases 1100-100

The data contained herein was obtained from sources deemed to be reliable, but in no way warranted by Vision Commercial RE DFW, LLC. The property is offered subject to errors, omissions, change in price and or terms,

or removal from the market without notice.

SALE PRICE

NET OPERATING INCOME

PROPERTY AREA

INV

ESTM

ENT

Bardin Crossing Shopping Center 1100 E Bardin Rd | Arlington, TX 76108

Barrett England | 817-841-9875 | [email protected] | VisionCommercial.com

6.65% Cap 100% leased with stable tenants including Subway, Allstate, Texan Allergy, Bardin Dental, and Curves

High growth trade area that includes Arlington Highlands

Multiple major corporations with offices or distribution centers in the area

Strong traffic profile (Over 35k CPD)

One block south of Interstate 20 on SEQ of E Bardin Rd and S Collins St

Released w/ CA

19,191 SF on 2.47 AC

1100 E Bardin Rd Investment Opportunity


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Property Information

Price ****

Cap Rate 6.65%

Price per Square Foot (GLA) ****

Net Operating Income ****

Total Suites 14

Tenants 14

Occupancy 100%

Vacancy 0%

Gross Leasable Area (GLA) 19,191

Lot Size (Acres) 2.47

Year Built 2007

Vision Commercial is pleased to present the opportunity to acquire a multi-tenanted, 100% leased, 19,191-square foot retail shopping center located in south Arlington, Texas. Bardin Crossing offers a triple net facility with a diverse tenant mix. 14 suites comprised of a mix of local and regional, retail tenants, Bardin Crossing is purely a diverse asset. Bardin Crossing has easy access to I-30 and highway 360 with 85,620 vehicles per day. The center is equipped two monument signs facing Bardin Rd. and S. Collins which offers tremendous visibility.

OVERVIEW

DEMOGRAPHICS* 1 MILE 2 MILE 3 MILE 5 MILE

Population 7,560 52,260 138,232 333,275

Employees 3,531 17,344 45,646 113,736

Average HH Income $67,304 $67,703 $68,115 $75,839

2017-2022 Annual Rate 2.11 % 2.16 % 2.24 % 2.26 %

Traffic Count 35,434 VPD at S Collins St & E Bardin Rd *STDBonline.com 2018




SITE


15 miles from Downtown Fort Worth and 20 miles from Downtown Dallas, Arlington is known for being the

entertainment capital of Texas. The city is home to the Dallas Cowboys’ AT&T Stadium complex, Texas

Rangers’ Globe Life Park, Six Flags Over Texas, and Hurricane Harbor.

Arlington has been fortunate enough to become home to DFW’s most prized sports teams the Dallas

Cowboys and Texas Rangers. The Cowboys are currently residing in a $1 billion state of the art stadium that

not only serves for game needs, but also is a significant entertainment venue for many big-time artists and

events. The Texas Rangers are expecting to build a new $1.1 billion stadium/ entertainment region, Globe

Life Field, to match their neighbor next door in AT&T Stadium. Both stadiums along with the other

entertainment attractions make Arlington a hotspot in the DFW area.

Arlington is also home to the University of Texas at Arlington, a Division I University with an undergraduate

enrollment of approximately 30,000. The school offers the area a wide range of development opportunities

that work to generate economic preservation for the surrounding area.

Arlington also hosts the largest business park in North Texas and one of the fastest growing research

institutions in the United States. The City is a welcoming host for many large corporations with a stellar

incentives package that entices new corporations to move their headquarters to Arlington. The current

population of 375,000 is alive and thriving due to the sufficient amount of capital that has been brought to

the area. The Arlington quality of life is second-to-none with a low cost of living, 4,600 acres of park land,

and ease of access to the rest of the metroplex and DFW International Airport. Arlington has a mean income

of $66,695 — substantially higher than then national average and another true testament to Arlington’s way

of life.

CITY SUMMARY




TENANT SYNOPSIS

Subway is one of the largest single-brand chains and restaurant operators globally. There are 42,000 restaurants in over 100 countries. It has been a long-time center tenant of the Bardin Crossings Shopping Center.

Curves is a nationally known fitness and weight-loss center for women. The first Curves opened in 1992, and now there are 1,055 locations all over the United States.

Allstate Insurance is one of the largest group of insurance and financial services companies in the United States. It was founded in 1931, as apart of Sears, Roebuck Co. and became an independent company in 1993 now ranked in the top 100 on the Fortune 500 list of which it has been apart of for the last 22 years. Allstate has over 43,000 employees nationwide.

Suite Bldg A- 1100 E Bardin Space

100 Subway 1,440 SF

110 Donut 1,125 SF

120 Bardin Dental 1,297 SF

130 Lovely Nails 1,179 SF

140 Saddle Hill Printing 1,000 SF

150 The Beauty Lab 1,476 SF

160 Foot Spa 1,328 SF


Suite Bldg C- 1120 E Bardin Space 100 Key Personnel 1,311 SF

140 The DogSpaw 1,380 SF

150 Scuba Stop 1,080 SF

160 House of Fades 1,140 SF

170 Allstate 1,381 SF

Suite Bldg B - 1110 E Bardin Space 110 Curves 1,953 SF

100 Texan Allergy 2,107 SF

TENANTS



Ste Space Size Lease Start

Lease Exp

Net Base PSF

Net Base Rent

Rent Per Mo

Reconciled 2017 NNN

Annual Collected NNN

TOTAL INCOME

Rent Increases

1100-100 Subway 1,440 12/11/08 12/31/23 $15.17 $21,840 $1,820 $7.09 $10,210 $32,050 $0.25 Annual Increase

1100-110 Donut 1,125 08/01/13 07/31/18 $19.65 $22,106 $1,842 $7.09 $7,976 $30,083

1100-120 Bardin Dental 1,297 07/01/12 12/31/19 $17.00 $22,049 $1,837 $7.09 $9,196 $31,245

1100-130 Lovely Nails 1,179 06/01/08 05/31/19 $17.99 $21,216 $1,768 $7.09 $8,359 $29,575

1100-140 Sdl Hill Printing 1,000 11/01/16 10/31/19 $16.00 $16,000 $1,333 $7.09 $7,090 $23,090

1100-150 Beauty Lab 1,476 09/01/16 08/31/21 $16.25 $23,985 $1,999 $7.09 $10,465 $34,450

1100-160 Foot Spa 1,328 03/01/16 02/28/23 $16.24 $21,567 $1,797 $7.09 $9,416 $30,982 $0.50 Increase 3/2019,

3/2021, & 3/2022

1110-100 Texan Allergy 2,107 10/04/16 12/31/19 $15.00 $31,605 $2,634 $6.76 $14,243 $45,848

1110-110 Curves 1,953 01/01/16 12/31/21 $10.20 $19,921 $1,660 $6.76 $13,202 $33,123 $0.30 Increase 1/2019

& 1/2020

1120-100 Key Personnel 1,311 04/01/18 03/31/21 $15.00 $19,665 $1,639 $6.91 $9,059 $28,724

1120-140 The DogSpaw 1,380 03/01/12 12/31/21 $17.48 $24,122 $2,010 $6.91 $9,536 $33,658 $0.52 Increase1/2021

1120-150 Scuba Stop 1,080 07/01/18 06/30/23 $14.17 $15,300 $1,275 $6.91 $7,463 $22,763 $1.00 Increase 7/1/19 &

7/1/2020

1120-160 House of Fades 1,140 06/01/15 08/31/20 $15.13 $17,243 $1,437 $6.91 $7,877 $25,120 $0.50 Increase 6/2019

1120-170 Allstate 1,375 03/01/18 02/28/22 $16.18 $22,344 $1,862 $6.91 $9,501 $31,845 $0.75 Increase 3/2020

Total Vacant 0% 0

Net Base Rent

$298,962 GOI $432,555

Total Occupied 100% 19,191

Rentable GLA 19,191

RENT ROLL


CONFIDENTIAL TO BE RELEASED WITH

EXECUTED C.A.


Operating Expenses 2017 ACTUALS Add Backs

Administrative

Management Fees $15,324.88

Professional Fees $3,973.93 $3,973.93

Office Supplies & Expense $661.71

Non-Recover Owner Exp $0.00

Miscellaneous Admin Expense $268.44

Total Administrative Expense $20,228.96

Utilities

Electricity - C.A.M. $2,805.18

Water & Sewer - C.A.M. $1,785.92

Water & Sewer - Tenant $10,190.49

Total Utilities $14,781.59

Repair & Maintenance

Roof $351.00

Electrical $38.28

Signs $0.00

Plumbing $0.00

Keys & Locks $0.00

Miscellaneous R & M $0.00

Total Repair & Maintenance $389.28

Common Area Maintenance

Landscaping $9,768.40

Parking Lot $2,200.04

Security $2,382.24

Fire Protection $0.00

Trash Removal $8,479.71

Exterior Maintenance & Porter $17,696.07 $5,000.00

Miscellaneous CAM $0.00 $3,250.00

Total Common Area $40,526.46

Total CAM $75,926.29

Insurance $8,100.00

Ad Valorem Taxes $64,606.94

CAM $40,526.46

Total Operating Expenses with Add Backs $136,409.30 $12,223.93

EXPENSES

Total Expense Breakdown Current

CAM $40,526.46

Insurance $8,100.00

Ad Valorem Taxes $64,606.94

Total Expense $113,233.40

NOI Breakdown Current

Gross Income $432,555.14

- Total Expenses $136,409.30

NOI $296,145.84



EXECUTED C.A.


EXECUTED C.A.



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SADDLE HILL

TEXAN ALLERGY

NOT A PART





Information About Brokerage Services

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker’s own interests; Inform the client of any material information about the property or transaction received by the broker; Answer the client’s questions and present any offer to or counter-offer from the client; and Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:

Must treat all parties to the transaction impartially and fairly; May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and

advice to, and carry out the instructions of each party to the transaction. Must not, unless specifically authorized in writing to do so by the party, disclose:

▪ that the owner will accept a price less than the written asking price; ▪ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and ▪ any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker’s duties and responsibilities to you, and your obligations under the representation agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Vision Commercial RE DFW LLC 9006752 [email protected] 817-803-3287 Broker Firm Name License No. Email Phone

Roger Smeltzer, Jr. 560209 [email protected] 817-803-3287 Designated Broker of Firm License No. Email Phone

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov


Documents

ardin rossing Shopping enter NT - Vision...Lease Start Lease Exp Net Base PSF Net Base Rent Rent Per Mo Reconciled 2017 NNN Annual Collected NNN TOTAL INCOME Rent Increases 1100-100