Investment Opportunity

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1 2 Tenant Building w/ Excellent Rent Escalations Verizon & Lasik Plus Chenal Parkway, Little Rock, AR Investment Summary: The property is is comprised of an 8,000 square foot free-standing building on a 1.38 acre site with 50 parking spaces for customers and employees. This prime location building is is currently leased to Verizon Wireless & Lasik Plus, both quality national tenants. The property is is situated adjacent to the northwest corner of Chenal Parkway and Bowman Road, major retail arterties of Little Rock and less than 1 mile to I-430/630. Traffic count for Chenal Drive is is 23,700 ADT & Westhaven Drive is is 33,400 ADT. Surrounding that northwest corner is is Wal- Mart, Sam s Club, Best Buy, Target, Home Depot, Barnes & Noble, Garden Ridge, Toys R Us and Linen s-n- Things. The Lasik lease escalates $1.00 psf annually (approximately 5% per year); Verizon escalates 10% every five years. There is is no debt to assume. Construction is is concrete block. (Buyer s broker, if if any, must be compensated by the buyer.) Price and Cap: We offer this property at $2,720,000 which is is a 7.5% cap rate on NOI of $204,000. Tenants: Verizon has a nationwide presence in wired and wireless markets, with more than 100 million people connecting to a Verizon network daily. Headquartered in Basking Ridge, N.J., Verizon Wireless is is the largest US wireless company and largest wireless data provider, based on revenues. The company is is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Currently Verizon Wireless counts 60.7 million customers, 66,000 employees and has annual r revenue of $38 billion. Lasik Plus, Inc. is is a leading provider of laser correction services. LCA owns and oeprates 57+ vision centers in the U.S. They have performed over 650,000 laser vision coreection procedures since They are staffed with highly skilled medical personnel. First quarter 2007 revenues grew 18% to approximately $78.7 million; samestore revenues increased 5%; net income increased 16% to approximately $10.9 million; earnings per share increased 23% to $0.54 from $0.44. Four new LasikPlus vision centers were opened during the 1 st st quarter 2007.

2 Lease Type: The leases are reimbursable double net. The landlord is responsible for the roof and structure. See breakdown below:

3 Subject Property Bowman Road

4 20 Minute Drive Time

5 2006 Average Income By Block Groups $75,000 or more $60,000 to $75,000 $45,000 to $60,000 $30,000 to $45,000 Less than $30, Miles Maumelle 5.00 Miles 3.00 Miles North Litt < 630 Little R Demographics Chenal Parkway Little Rock, AR 2006 Estimates 3 Mile 5 Mile 7 Mile Total Population: 57, , ,306 Total Households: 25,495 48,285 71,959 Avg. HH Income: $68,453 $69,807 $65,029 Med. HH Income: $56,547 $55,425 $51,225 Sites USA, Updates of 2000 Census Data by AGS.