Corporate Guarantee -The property is leased to Hobby Lobby Stores, Inc. and is doing business as Hobby Lobby and Mardel. -Hobby Lobby is the largest privately owned arts-and-crafts retailer in the world and has over 1,000 stores. -The Tenant has been at this current location for over 25 years. Below Market Rents -The Tenant is paying below market rents at only $5.25 per square foot. -There are scheduled rent increases of $0.25 per square foot every 5 years in the option periods. Robust Sales Performance -Annual sales for the Tenant continue to be very strong each year at this location. -The next nearest Hobby Lobby store is over 10 miles away from the subject property. Strong retail Corridor -The property sits at a signalized hard-corner, positioned at Galloway Avenue (30k VPD) and Tripp Road. -Hobby Lobby and Mardel are just minutes from major roadway I-635 and directly off US-80. Superior Demographics -The immediate trade area pulls over 300,000 people in a 5-mile radius. -Average household in the 5-mile radius is roughly $87,000. Vista Crossing Shopping Center -Hobby Lobby and Mardel are shadow anchored tenants of Vista Crossing Shopping Center. -This 230,000-square-foot regional retail center is anchored by El Rio Grande and dd’s Discount. NN Lease -The current NN-structured lease allows for minimal landlord obligations. -Tenant is responsible for CAM (including the parking lot), taxes, insurance, and HVAC. -Landlord is responsible for maintaining and repairing the roof (under warranty until 2039), slab, structure, underground utilities, and commercial general liability insurance. In Association with Chris Adams, TX Lic. #619855