INTERSTATE 35W 48,803 SF 100% LEASED NATIONAL HEADQUARTERS 9 YEARS REMAINING TERM OFFERING SUMMARY

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Elijah Bennett
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1 48,803 SF 100% LEASED NATIONAL HEADQUARTERS 9 YEARS REMAINING TERM OFFERING SUMMARY

INVESTMENT OVERVIEW HFF has been exclusively retained by the Owner to offer qualified investors the opportunity to purchase I-35W, a 100% occupied, 48,803 square foot light industrial facility

The tenant has occupied the building since August 16 and has over 9 years of remaining term. In 16, AIT Laboratories, a HealthtrackRx company spent $3.4 million ($69.

2 INVESTMENT OVERVIEW HFF has been exclusively retained by the Owner to offer qualified investors the opportunity to purchase I-35W, a 100% occupied, 48,803 square foot light industrial facility located in the heart of the North Dallas suburb of Denton. AIT Laboratories, a HealthtrackRx company is a leading clinical prescription drug monitoring and testing laboratory. The tenant has occupied the building since August 16 and has over 9 years of remaining term. In 16, AIT Laboratories, a HealthtrackRx company spent $3.4 million ($69.67 PSF) renovating their headquarters. The Property is positioned within the Denton industrial market at the convergence of I- & I-35W, a preferred location for corporate users which benefit from major distribution and manufacturing facilities including Peterbilt, Target, Aldi, HD Supply, Winco and Fastenal among others. PROPERTY OVERVIEW BUILDING ADDRESS I-35W Denton, TX 767 RENTABLE AREA 48,803 SF OFFICE / LABORATORY 35,000 SF (72%) WAREHOUSE 13,803 SF (28%) % LEASED 100% YEAR BUILT 1972 (16 RENOVATION) CLEAR HEIGHT 14' - 18' AIT LABORATORIES, A HEALTHTRACKRX COMPANY AIT Laboratories, a HealthTrackRx Company is a leading prescription drug monitoring laboratory offering compliant and medically necessary testing services specialized on a case by case basis. The company s qualitative and quantitative testing provides physicians with results that strengthen monitoring processes and create more effective treatment plans. In July 16, The American Institute of Technology (AIT) merged with HealthTrackRx to pair HealthTrackRx s first-rate technology platform with recognized leadership in toxicology in an effort to create a new standard in medication monitoring and drug testing. The Property serves as the company s national headquarters. SITE AREA 7.13 ACRES LOADING DOORS 1 DOCK-HIGH DOOR 4 DRIVE-IN DOORS ROOF AGE 16 (WARRANTY UNTIL 36) 2

3 LOCATION MAP 15,000 STUDENTS DOWNTOWN DENTON 38,000 STUDENTS 255 BEDS 90,824 VPD 45,37 8V PD 3

AREA DRIVERS Distribution Center Morrison Milling Distribution Center AREA DRIVERS INDUSTRIAL MARKET Accessible to over 1 million people within a 30 minute drive UNT is the 5th-largest university in

) Strategically situated at the heart of Denton s traffic and growth patterns TWU has a student population of over 15,000 From 00 to ballooned 41% 10, Denton s population Denton s population is

4 AREA DRIVERS Distribution Center Morrison Milling Distribution Center AREA DRIVERS INDUSTRIAL MARKET Accessible to over 1 million people within a 30 minute drive UNT is the 5th-largest university in Texas, (33rd largest in U.S.) Strategically situated at the heart of Denton s traffic and growth patterns TWU has a student population of over 15,000 From 00 to ballooned 41% 10, Denton s population Denton s population is anticipated to double by 30 #3 fastest growing large county in America Denton s diversified economy is home to major employers including Peterbilt Motors, Sally Beauty Supply International, United Copper, Acme Brick, Jostens, and Farmer Brothers Major distribution facilities for Target, Wal-Mart, Safety-Kleen, and Miller Brewing are located in Denton 96.1% OCCUPANCY 12.5% RENT GROWTH SINCE ,000 SF 18,000 SF of absorption YTD under construction I-35 is the thoroughfare for NAFTA-related traffic 4

PROPERTY HIGHLIGHTS SANGER AUBREY WESTON CELINA MUSTANG KRUGERVILLE MELISSA ROLAND 289 377 KRUM 35 288 CROSS ROADS DENTON Denton

mission-critical LITTLE ELM laboratory and warehouse center within one of the United States most vital ALLEN industrial HICKORY

The Property is 100% leased to AIT Laboratories, a HealthtrackRx Company, who announced I-35 W as its national headquarters and

The current THE COLONY HIGHLAND VILLAGE lease term extends through November 26 on a net basis.

5 PROPERTY HIGHLIGHTS SANGER AUBREY WESTON CELINA MUSTANG KRUGERVILLE MELISSA ROLAND KRUM CROSS ROADS DENTON Denton Municipal Airport PROPERTY HIGHLIGHTS PROSPER OAKPOINT ARGYLE 35W PRINCETON I-35W represents a unique opportunity to acquire a mission-critical LITTLE ELM laboratory and warehouse center within one of the United States most vital ALLEN industrial HICKORY CREEK markets, Dallas/Fort Worth. The Property is 100% leased to AIT Laboratories, a HealthtrackRx Company, who announced I-35 W as its national headquarters and invested $3.4 million into their space. The current THE COLONY HIGHLAND VILLAGE lease term extends through November 26 on a net basis. I-35W provides investors the opportunity to acquire a strategic asset with stable Texas Motor Speedway HASLET ANNA cash flow at a discount to replacement cost. ROANOKE WESTLAKE 35W 100% Leased MISSION-CRITICAL TROPHY CLUB BELT LINE ROAD SOUTHLAKE to AIT, a HealthTrackRx Company KELLER COLLEYVILLE SAGINAW BELT LINE ROAD HURST $3.4 Million in 16 renovations with incredible tenant commitment to property BEDFORD 8 N AT I O N A L H E A D E R Q UA R T E R S Stable income with over Nine Years of Remaining Term Access to major Highway Infrastructure 30 MESQUITE BELT 35W JUNCTION FOREST HILL 8 BALCH SPRINGS

WHY DALLAS/FORT WORTH? ACCESSIBILITY Central U.S. location featuring Dallas-Fort Worth International Airport & Dallas Love Field Unemployment rate of 3.

6 WHY DALLAS/FORT WORTH? ACCESSIBILITY Central U.S. location featuring Dallas-Fort Worth International Airport & Dallas Love Field Unemployment rate of 3.9%, adding over 96,700 jobs in the last 12 months From 17 to 21, DFW is projected to add 516,986 residents and 139,649 new jobs, both are the highest forecast total in the entire U.S., according to Oxford Economics NON-STOP DESTINATIONS ULI s Emerging Trends #2 Top Market to Watch in 17 One of the largest concentrations of corporate headquarters in the country and has recently attracted a notable list of expansions and relocations spanning several diverse industries Forbes recently ranked Texas #1 in Economic Climate out of all 50 states 81.2M PASSENGERS PER YEAR BUSINESS ENVIRONMENT #1 STATE FOR DOING BUSINESS 13 YEARS IN A ROW - CEO Magazine 17 0% STATE & LOCAL INCOME TAX RATE 3.9% UNEMPLOYMENT RATE serviced approximately 65,670,697 passengers in MILLION W O R K E R S 528,000 Number of residents added to the region between 10 and serviced 15,562,738 passengers in 16 and is home to Southwest Airlines #1 in Economic Climate 7,873,019 Projected population of the region by 21 4 LARGEST th WORKFORCE IN AMERICA Companies ranked in the INC fastest-growing private companies that call Dallas/Fort Worth home. 6

FINANCIAL OVERVIEW RENTABLE AREA: 48,803 SF PERCENT LEASED: 100% YEAR 1 NOI: $411,000 ADDITIONAL INFORMATION If you have any questions or require additional information, please contact the

com 469.232.1992 MATTHEW WHEELER Analyst mwheeler@hfflp.com 469.232.1973 MARKET LEASING EXPERT ALEX PAYNE Leasing Contact alex@axisrealty.biz 940.891.

7 FINANCIAL OVERVIEW RENTABLE AREA: 48,803 SF PERCENT LEASED: 100% YEAR 1 NOI: $411,000 ADDITIONAL INFORMATION If you have any questions or require additional information, please contact the individuals below Victory Avenue, Suite 10 Dallas, TX Telephone: Facsimile: hfflp.com ADAM HERRIN Managing Director aherrin@hfflp.com STEPHEN BAILEY Director sbailey@hfflp.com MATTHEW WHEELER Analyst mwheeler@hfflp.com MARKET LEASING EXPERT ALEX PAYNE Leasing Contact alex@axisrealty.biz HFF DEBT CONTACTS JEREMY SAIN Managing Director jsain@hfflp.com MICHAEL GEORGE Director mgeorge@hfflp.com HFF has been engaged by the owner of the property [properties] to market it [them] for sale. Information concerning the property [properties] described herein has been obtained from sources other than HFF, and neither Owner nor HFF, nor their respective equity holders, officers, employees and agents makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser, and HFF, its partners, officers, employees and agents disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.

Memorandum CITY OF DALLAS. OA.tE May 8, 2017

Memorandum CITY OF DALLAS. OA.tE May 8, 2017 Memorandum OA.tE May 8, 2017 a CITY OF DALLAS To Members of the Budget, Finance, & Audit Committee: Jennifer S. Gates (Chair), Philip T. Kingston (Vice Chair), Erik Wilson, Rickey D. Callahan, Scott Griggs,