ABSOLUTE TRIPLE-NET CORPORATE GUARANTEE. E/SEC Timber Forest Atascocita Rd Houston ETJ

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1 ABSOLUTE TRIPLE-NET CORPORATE GUARANTEE E/SEC Timber Forest Atascocita Rd Houston ETJ

2 SENIOR MANAGING DIRECTOR Chad Tiedeman Phoenix Commercial Advisors (602) DEVELOPER LASCO Development Corp. Sharon Haydon or Matthew Seligmann (713) Table of Contents INVESTMENT SUMMARY 3 Investment Highlights PROPERTY OVERVIEW 4 Site Plan Lease Abstract Tenant Profile PROPERTY PHOTOGRAPHY 7 Exterior Photos Interior Photos AREA OVERVIEW 11 Property Aerials Demographics CONTACT 14 All property showings are by appointment only.

3 Investment Summary Investment Highlights 3 INVESTMENT PROPERTY This Children s Learning Adventure is located at 6002 Atascocita Road in Humble, Texas, a suburb of Houston. The state-of-the-art facility is a ±33,041 square foot single-tenant retail building with a ±28,414 square foot playground on ±3.19 acres of land. There is a brand new twenty-three (23) year absolute triple-net (NNN) lease that is backed by a corporate guarantee. Children s Learning Adventure is a National, privately held infant, preschool & after school care provider of high quality education with expansive indoor and outdoor amenities. The property is located within a highly affluent area, with average household income over $105,000 within a 5-mile radius. The lease contains one, five-year renewal option, 8% increases every 5 years and NO landlord responsibilities. INVESTMENT OVERVIEW Address 6002 Atascocita Rd Humble, TX Asking Price $14,852,000 Cap Rate 7.0% Building Size Playground Size Land Size ±33,041 SF ±28,414 SF ±3.19 Acres Lease Commencement January 2014 Lease Term Lease Type Rent Increases Twenty-Three Years & Four Months Absolute Triple-Net Annual Base Rent $1,039, INVESTMENT HIGHLIGHTS Absolute Triple-Net Lease Landlord has NO responsibilities and tenant is responsible for all expenses and management Corporate Guarantee The lease is guaranteed by Children s Learning Adventure USA, LLC Strong Rent Increases The lease includes 8% increases every 5 years Brand New Long-Term Lease Brand new long-term twenty-three (23) year lease with one (1), five (5) year renewal option Best-In-Class Tenant Children s Learning Adventure currently operates in Arizona, Colorado, Texas, Nevada, and Oklahoma and is currently expanding into Georgia, Kansas, North Carolina, Northern Virginia, Illinois, Florida and New York State-of-the-Art Facility This facility includes state-of-the-art learning and development programs and interactive spaces to provide children with the highest quality childcare experience LOCATION HIGHLIGHTS Highly Affluent Area The property is located within several highly affluent communities, with average household income over $105,000 within a 5-mile radius Excellent Child Demographic Approximately 18% of the population are children under 10 years old within a 1-mile radius Excellent Access & Visibility Excellent access and visibility from the highly traveled Atascocita Road Strong Employment Corridor The labor force consists of nearly 35,000 people within a 5-mile radius, providing a large customer base potential of residents with children

4 Property Overview Site Plan 4 Atascocita Rd Building ±33,041 SF Playground ±28,414 SF Land ±3.19 Acres Site Plan Not Drawn To Scale

5 Property Overview Lease Abstract 5 LEASE ABSTRACT Tenant Children s Learning Adventure Guarantor Children s Learning Adventure USA, LLC Rent Commencement January 2014 Lease Term Twenty-Three Years & 4 Months Lease Type Absolute Triple-Net Annual Base Rent $1,039, Rent Increases 8% Every 5 Years or CPI Property Taxes Paid by Tenant Insurance Paid by Tenant Utilities Common Area Expenses Repairs And Maintenance Paid by Tenant Paid by Tenant Paid by Tenant

6 Property Overview Tenant Profile 6 Click Here to Take a Virtual Tour INNOVATION MEETS EDUCATION! Children s Learning Adventure offers the highest quality infant, preschool and afterschool programs for children aged 6 weeks through 12 years. Our Lifetime Adventures curriculum is based on the latest brain development research, providing children with the activities and environment to greatly impact their capacity for learning and later success. Our high quality programs utilize research-based materials and Educational Specialists who provide guidance and monitoring of the programs. CLA is operating facilities in the Phoenix/Tucson (AZ), Denver (CO), Las Vegas (NV), Atlanta (GA), Houston/Dallas/Fort Worth (TX) and Oklahoma City/Tulsa (OK) markets, and have locations opening soon in the Austin (TX), Indianapolis (IN), Minneapolis (MN), St. Louis (MO), Cincinnati (OH) and Northern Virginia markets. CLA s national expansion plan is to open 200 corporately-owned and operated centers by 2020, and the company is currently pursuing, negotiating and closing deals in the following markets: Phoenix, AZ Tucson, AZ Las Vegas, NV Dallas, TX Houston, TX Austin, TX San Antonio, TX Denver, CO Atlanta, GA Indianapolis, IN Oklahoma City, OK Tulsa, OK Kansas City, KS Chicago, IL St. Louis, MO Minneapolis, MN Raleigh, NC Charlotte, NC Cincinnati, OH Columbus, OH Cleveland, OH Northern Virginia Boston, MA Long Island, NY Philadelphia, PA Northern New Jersey GRAND OPENING AT KATY, TX

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13 Area Overview Demographics CENSUS, 2013 ESTIMATES WITH 2018 PROJECTIONS Calculated using Proportional Block Groups August mi radius 3 mi radius 5 mi radius Population 2013 Estimated Population 15,537 64, , Projected Population 16,607 68, , Census Population 14,630 60, ,958 Projected Annual Growth 2013 to % 1.4% 1.3% Historical Annual Growth 2000 to % 7.3% 5.2% Households 2013 Estimated Households 4,902 21,348 41, Projected Households 5,277 22,983 45, Census Households 4,605 20,056 39,437 Projected Annual Growth 2013 to % 1.5% 1.5% Historical Annual Growth 2000 to % 7.4% 5.3% Income 2013 Est. Average Household Income $94,929 $98,921 $105, Est. Median Household Income $86,083 $87,270 $86, Est. Per Capita Income $29,958 $33,026 $36,208 Age 2013 Est. Population Under 10 Years 17.9% 16.3% 15.3% 2013 Est. Population 10 to 19 Years 16.9% 15.6% 15.0% 2013 Est. Population 20 to 29 Years 11.2% 11.9% 12.2% 2013 Est. Population 30 to 44 Years 26.1% 24.6% 22.8% 2013 Est. Population 45 to 59 Years 18.3% 19.7% 20.0% Daytime Demos 2013 Est. Total Businesses 359 1,589 3, Est. Total Employees 3,273 14,344 34,900 Lat/Lon: / ATASCOCITA RD HUMBLE, TX This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

14 Absolute Triple-Net Corporate Guarantee E/SEC Timber Forest Atascocita Rd Houston ETJ Confidentiality Statement This Confidential Offering Memorandum has been prepared by Phoenix Commercial Advisors (PCA) for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The information contained in this Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine, to your satisfaction, the suitability of the property for your needs. All potential buyers must take appropriate measures to verify all of the information set forth herein. Both Phoenix Commercial Advisors (PCA) and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained information is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or Phoenix Commercial Advisors (PCA) for the accuracy or completeness of this Memorandum. FOR MORE INFORMATION, CONTACT: Chad Tiedeman Senior Managing Director (602) ctiedeman@pca .com A prospective purchaser must make its own independent investigations, projections, and conclusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential Information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement, approved by Seller, shall bind the property. Each prospective purchaser and/or broker proceeds at its own risk. All property showings are by appointment only East Camelback Road, Suite 340 Phoenix, Arizona P F