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Legacy Retail 10050 Legacy Dr 21,391 SF 86% Leased Retail Building Frisco, TX 75033 $13,566,947 CAD ($634.24 CAD/SF) 6.20% Cap Rate

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INVESTMENT HIGHLIGHTS

21,391SF Neighborhood Retail Center at the Entrance to the +/-$3B Railhead Development in the Booming & Affluent Submarket of Frisco, TX (DFW)
Thriving Retail Trade Area with Over 3.4MM SF of Retail GLA in a 2-Mile Radius
Average Household Income Exceeds $175,300 & $186,100 in a 1 & 3 Mile Radius, Respectively

Below-Market Rents of $28.17 PSF NNN; Comparable Retail Space in the Area is Leasing in the High $30’s to $40’s PSF NNN
Average Base Lease Term Expiration of February 2028 with Three (3) of Five (5) Tenants Experiencing Rent Bumps During Primary Term
Median Home Prices for Adjacent Neighborhoods are $1,MM+ at Shaddock Creek Estates and $840,000 at Heather Ridge Estates

EXECUTIVE SUMMARY

Legacy Retail Center is a 21,391 square foot retail center located along Legacy Drive, west of the Dallas North Tollway situated approximately 30 minutes due north of Downtown Dallas in the affluent DFW submarket of Frisco, Texas. The Property is leased to a complementary mix of healthcare, wellness, and home improvement services tenants including City Salon Suites & Spa, Pella Windows & Doors, Metroplex Medical Centres, and West Frisco Dental & Implants. The average base lease expiration is February 2028 with three (3) of five (5) tenants experiencing rent escalations during their primary terms. Rents average $28.17 PSF NNN with comparable new construction retail space in the area quoting in the upper $30’s and $40’s. Legacy Retail Center benefits from excellent visibility along Legacy Drive with neighboring national tenant retailers in close proximity, including HEB, Super Target, Petco, BestBuy, Costco Wholesale, Wells Fargo, Bank of America, Chick-fil-a, Ulta Beauty, and Market Street amongst others.