EDGE Realty Capital Markets Executive Summary 1

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Executive Summary

STABILIZED GROCERY ANCHORED CENTERCatoosa, Oklahoma (Tulsa MSA)

EDGE Realty Capital Markets Executive Summary 2

EDGE Realty Capital Markets and RealINSIGHT Marketplace are pleased to present the opportunity to acquire Catoosa Shopping Center (“Property”), a 73,213 square foot grocery anchored center in Catoosa, Oklahoma. The Property is located approximately 14 miles northeast of Tulsa and is prominently positioned at the signalized intersection of North Highway 66 and E Apache St/Rice St, providing the tenants with excellent visibility and customers with ease of access via multiple points of ingress/egress. At 98% leased, the Property provides steady cash flow in an established market as well as offers additional upside potential through the development or sale of adjacent land tracts.

Reasor’s, one of the largest regional grocers in the state of Oklahoma, has anchored the Property for 13 years. Reasor’s is the primary grocer for the trade area and also features a Lil’ Reasors gas station, providing daily traffic to the Property. The Property is also comprised of approximately 15,000 SF of local, service-oriented tenants that support the immediate needs of the surrounding population. The Property is surrounded by 20,840 homes and a population of over 57,200 people within a seven-mile radius. Additionally, Catoosa Shopping Center is located in close proximity to major employers and tourism drivers including the Hard Rock Hotel & Casino Tulsa, The Port of Tulsa - Catoosa, Rogers State University and the Tulsa International Airport, allowing the Property to benefit from a strong daytime population of 196,000 within a fifteen-minute drivetime.

EXECUTIVE SUMMARY

CATOOSA SHOPPING CENTER

A D D R E S S

2400 & 2500 NORTH HIGHWAY 66 CATOOSA , OK 74015

G L A

73,213 SF

L A N D A R E A

19.89 ACRES

I N -P L AC E N O I

$806,763

W E I G H T E D AV E R AG E R E N T S

$12.24/SF/ YR

Y E A R S B U I LT

2005 AND 2006

PA R K I N G

±438 (5.98/1 ,000)

O C C U PI E D

97.95%

T R A F F I C C O U N T S (‘ 1 7 )NORTH HIGHWAY 66

14,700 CPD

AU C T I O N D A T E S

MON OCT 1 - WED OCT 3 PR O PE R T Y T O U R D A T E THURS SEP 20 / 10:30AM - 6:30PM

AU C T I O N W E B S I T E

MARKETPLACE.REALINSIGHT.COM

EDGE Realty Capital Markets Executive Summary 3

INVESTMENT HIGHLIGHTSREGIONAL GROCERY ANCHOREDBuilt in 2005, the Property is anchored by Reasor’s (79.6% of GLA), the primary grocery store for the trade area and a significant traffic driver for the center, meeting the daily needs of the community. Reasor’s is an employee-owned company founded in 1963 and a top regional grocer with 18 total locations in northeastern Oklahoma and over 2,500 employees. Further, Reasor’s is a member of Associated Wholesale Grocers (AWG), the nation’s largest cooperative food wholesaler to independently owned supermarkets. AWG has been in business since 1924 and provides wholesale grocery distribution as well as strategic operational and marketing services to over 3,800 locations in the United States.

ROBUST TOURISM MARKETThe city of Catoosa is home to the Cherokee Nation’s Hard Rock Hotel & Casino Tulsa, a major economic driver for the Tulsa MSA, featuring a large 170,000 square foot casino, 454 luxury hotel rooms and suites, 35,000 square feet of convention space as well as the renowned Cherokee Hills Golf Club championship golf course. In addition to the Hard Rock Hotel & Casino, the city of Catoosa hosts a multitude of hotels and the trade area continues to expand with new lodging options to support the influx of visitors. Catoosa is also home to the Blue Whale, one of the most recognizable icons on historic Route 66.

OUTPARCEL UPSIDE POTENTIALCatoosa Shopping Center includes a 1.36 acre “development ready” tract on the southern edge of the Property fronting Hwy 66. The opportunity for an immediate sale, ground lease or development of the existing outparcel provides a value-add investor the ability to quickly increase the Property’s overall value in a steadily expanding trade area.

SIGNALIZED INTERSECTIONCatoosa Shopping Center is located at the signalized intersection of E Apache Street/ Rice Street and North Highway 66, a four-lane highway with heavy traffic that serves as a primary thoroughfare for residents of Catoosa and connects to the city of Claremore. With significant frontage on North Highway 66, the Property enjoys visibility from multiple view corridors. Ease of traffic flow in and around the Property is provided by multiple points of ingress/egress with three along North Highway 66 and three on E Apache Street/ Rice Street. These well-placed access drives provide superior circulation and ensure the Property’s customers can quickly and easily reach the shopping center from surrounding communities.

ESTABLISHED TULSA MSACatoosa is located within the Tulsa MSA which is comprised of seven counties, a total population of 987,000 people and $58.7 billion in gross product of goods and services. Tulsa has consistently ranked as a top ten best city in the United States for its respective size and is known for its historic, family-friendly atmosphere and vibrant culture. Tulsa continues to expand with new attractions, hotels and restaurants and in 2017, the Tulsa MSA benefited from a regional tourism impact of $324 million. Tulsa’s employment base continues to increase and is well diversified with major industries including aerospace, health care, energy, machinery and transportation. Additionally, the MSA’s gross product of goods and services is forecasted to grow by 7.1 percent throughout 2018, which significantly outpaces the forecasted increases for the state of Oklahoma (3.8 percent) and United States (2.7 percent).

EDGE Realty Capital Markets Executive Summary 4

TENANCY OVERVIEW

The tenancy of Catoosa Shopping Center is made up of regional and local credit tenants, who are proven performers in their respective categories and continue to fit the daily needs of the surrounding residential population, as well service the influx of vistors to the trade area. Collectively, the current in-place tenants have an average tenure of nearly 10 years. Further, the Property is comprised of a diverse, service-oriented tenant mix that provides long-term viability and supports the needs of the immediate trade area.

SECONDARY CONTACTS

BRANDON BEESONPrincipal

bbeeson@edge-cm.com214.545.6916

WARD KAMPFColumbia 27 Partners LLC

wkampf@northwoodretail.com469.828.3306

MART MARTINDALEPrincipal

mmartindale@edge-cm.com214.545.6917

PRIMARY CONTACTSMICHA VAN MARCKE, CCIM

Principalmicha@edge-cm.com

713.900.3011

CHACE HENKESenior Vice Presidentchace@edge-cm.com

713.900.3009

5444 Westheimer Rd. Suite 1650Houston, Texas 77056713.900.3000www.edge-cm.com

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