HOUSTON, TX 77034

N N N I N V E S T M E N T | O F F E R I N G M E M O R A N D U M

SINGLE TENANT DRIVETIME | PRIME HOUSTON LOCATION | 13 YEARS OF TERM | 8.7+ ACRES

GULF FREEWAY11205

| 2

This Offering Memorandum has been prepared by HFF for use by a limited number of recipients. All information contained 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, expressed or implied, as to the accuracy or completeness of the information contained herein. Further, the Offering Memorandum does not constitute a representation that no change in the business or affairs of the property or the Owner has occurred since the date of the preparation of the Offering Memorandum. All analysis and verification of the information contained in the Offering Memorandum is solely the responsibility of the recipient. HFF and Owner and their respective officers, directors, employees, equity holders and agents expressly disclaim any and all liability that may be based upon or relate to the use of the information contained in this Offering Memorandum.

Additional information and an opportunity to inspect the property will be made available upon written request to interested and qualified prospective investors.

Owner and HFF each expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers regarding the property and/or terminate discussions with any entity at any time with or without notice. Owner shall have no legal commitment or obligations to any recipient reviewing this Offering Memorandum or making an offer to purchase the property unless and until such offer is approved by Owner, a written agreement for the purchase of the property has been fully executed, delivered and approved by Owner and its legal counsel, and any obligations set by Owner thereunder have been satisfied or waived.

The recipient (“Recipient”) agrees that (a) the Offering Memorandum and its contents are confidential information, except for such information contained in the Offering Memorandum, which is a matter of public record, or is provided from sources available to the public (b) the Recipient, the Recipient’s employees, agents and consultants (collectively, the “need to know parties”) will hold and treat it in the strictest of confidence, and the Recipient and the need to know parties will not, directly or indirectly, disclose or permit anyone else to disclose its contents to any other person, firm, or entity without the prior written authorization of HFF and the Owner, and (c) the Recipient and the need to know parties will not use or permit to be used this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Owner or HFF or for any purpose other than use in considering whether to purchase the property. The Recipient and the need to know parties agree to keep this Offering Memorandum and all confidential information contained herein permanently confidential and further agree to use this Offering Memorandum for the purpose set forth above. If the Recipient has no interest in the property, or if in the future the Recipient or owner discontinue such negotiations, the Recipient will return this Offering Memorandum to HFF.

DISCLOSURES, NOTICES AND CONFIDENTIALITY

INVESTMENT SALES: RYAN WESTT 713.852.3535 rwest@hfflp.com

MARC MANDEL T 484.532.4212 mmandel@hfflp.com

STEVE SCHRENK T 484.532.4213 sschrenk@hfflp.com

BRAD PETERSON T 407.745.3910 bpeterson@hfflp.com

MICHAEL BREWSTER T 407.745.3911 mbrewster@hfflp.com

ORLANDO 250 S. Park AveSuite 360 Winter Park, FL 32789 T 407.745.3900

h f f l p . c o m

PHILADELPHIA 1700 Market StreetSuite 3232Philadelphia, PA 19103 T 484.532.4200

HOUSTON9 Greenway PlazaSuite 700Houston, TX 77046 T 713.852.3500

11205 GULFFREEWAY

| 3

INVESTMENT SUMMARYHolliday Fenoglio Fowler, L.P. (“HFF”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in the DriveTime at 11205 Gulf Freeway in Houston, Texas. This location is ranked #11 out of 145 dealerships in the strong DriveTime chain, which in total sold 151,000 vehicles, generated $3.3 billion in revenue, and $291 million in EBITDA in 2017. The Houston MSA has 7.1 million people and is projected to grow to 7.5 million by 2025.

ADDRESS 11205 Gulf Freeway, Houston, TX 77034

BUILDING SIZE 22,339 SF

LAND AREA 8.71 ACRES

YEAR BUILT / RENOVATED 1989 / 2011

LEASE TYPE Absolute NNN

LEASE TERM 13 Years Remaining

CURRENT RENT $532,326 as of January 1, 2019

RENT INCREASES 1.50% Annual Increases every January (including options)

TENANT DriveTime Car Sales Company, LLC

GUARANTOR DriveTime Automotive Group and Bridgecrest Acceptance Corp

OPTIONS Two (2), 5-Year Renewal Options & One (1), 4-Year Renewal Option

OWNERSHIP TYPE Fee Simple

LANDLORD RESPONSIBILITY None

INVESTMENT OVERVIEW ASKING PRICE

$8,190,000

CAP RATE

6.50%

CURRENT RENT

$532,326

LEASE EXPIRATION

NOVEMBER 30, 2031

as of January 1, 2019

11205 GULFFREEWAY

| 4

INVESTMENT HIGHLIGHTSAbsolute NNN lease investment with zero landlord responsibili t ies and approximately 13 years of lease term remaining. Attractive 1.5% annual increases occurring every January and continuing into option periods .

Unconditional corporate guaranty f rom DriveTime Automotive Group, Inc, (sales) and Bridgecrest Acceptance Corporation (auto loan servicing). DriveTime has strong f inancials , sales growth, and liquidity.

This location is ranked #11 in the chain, comprised of 145 dealerships in 27 states . Historical sales at this location have resulted in a sub-3% EBITDA-to-Rent ratio.

DriveTime is a top four used vehicle retailer based on total volume and revenue increased 7.4% in 2017 while opening only one new dealership. DriveTime posted $291 million in EBITDA , resulting in an 8.9% EBITDA to Sales ratio in 2017.

Based on their integrated sales & f inancing model, DriveTime is focused on attracting higher-quality customers . The DriveTime brand represents transparency, integrity, value and a customer-centric used vehicle buying experience.

11205 GULFFREEWAY

STRONG CHAIN FINANCIALS AND STORE-LEVEL PERFORMANCE

2017 Revenue $3.27 Billion

2017 YoY Revenue Growth 7.4%

2017 EBITDA $291 Million

2017 EBITDA to Sales 8.9%

2017 EBITDA to Interest Coverage 1.6x

2017 Vehicles Sold 150,732

2017 Collateral to Debt Coverage 3.3x

Gulf Freeway Store Ranking (Cars Sold YTD) #11 out of 145

Used Vehicle Retailer Rank #4

| 5

INVESTMENT HIGHLIGHTS

DriveTime’s core markets in Texas are Houston (5 dealerships), Dallas (8 dealerships), and San Antonio (3 dealerships). Houston leads the state in population per dealership (1 .4 mill ion), year-over-year job growth percentage (3 . 7%), retail asking rent ($17.41 PSF), and auto asking rent ($23 .18 PSF).

The large 8. 7-acre parcel contains 22 ,339 SF of rentable area, ample parking for inventory, customers, and staff , and approximately 3.5 acres of undeveloped land for future expansion.

Tremendous daily traff ic with 213,000 vehicles traveling Gulf Freeway every day and strategically located within Houston’s ring road, the Sam Houston Tollway, where population density exceeds 125,000 people within a 3-mile radius.

The Gulf Freeway-South Houston trade area is one of the largest concentration of auto dealerships in Houston. Houston features 10. 7 mill ion SF of auto dealerships with an astoundingly low 0. 7% vacancy rate. Nearly 133,000 SF of auto dealership space has been absorbed over the last 12 months .

Anchored by the Almeda Mall and home to the William P. Hobby Airpor t (13 million passengers annually), the ‘Near Southeast ’ Retail Submarket is #7 based on Asset Value ($3.4B) out of 48 Houston submarkets .

11205 GULFFREEWAY

KINGSPOINT RD

KINGSPOINT RD

KLECLEY DRKLECLEY DR

ALMEDA GENOA RD

ALMEDA GENOA RD

ROWLETT RDROWLETT RD

THE GALLERIATHE GALLERIA

GREENWAYGREENWAY

CBD (12 MILES)CBD (12 MILES)

45Interstate

610Interstate

William P. HobbyAirport

mCDONALD’S

aLMEDA MALL Almedaself storage

david mcdavid

213,000 VPD

used car sales

NORTH VIEW

11205 GULFFREEWAY

| 7

DRIVETIME FINANCIALS2017 Revenue $3.27 Billion

2017 YoY Revenue Growth 7.4%

2017 EBITDA $291 Million

2017 EBITDA to Sales 8.9%

2017 EBITDA to Interest Coverage 1.6x

2017 Vehicles Sold 150,732

2017 Collateral to Debt Coverage 3.3x

2017 Average Effective Borrowing Rate 4.5%

Gulf Freeway Store Ranking (Cars Sold YTD) #11

Dealerships 145

States 27

Used Vehicle Retailer Rank #4

• Based in Tempe, Arizona, DriveTime was founded in 2002, operates 145 dealerships in 27 states and is the nation’s second largest vehicle retailer focused solely on used vehicles. DriveTime employs over 5,000 people across the country and serves over 100,000 customers each year. DriveTime has sold more than 1,147,329 used cars to consumers across the nation.

• In 2017, DriveTime expanded an initiative to attract higher credit quality customers defined as a customer with a FICO score of 550 or greater, monthly income exceeding $3,000, and a credit grade of B or above based on a proprietary credit grading system.

• DriveTime’s business model has been developed over 25 years and combines the acquisition, reconditioning, and sale of quality used vehicles with financing for qualified customers. DriveTime’s success has led to opening 31 new dealerships and entering 8 new markets over the past three years.

• Each dealership maintains an inventory of over 100 vehicles for sale and offers a wide selection of brands including Ford, Chevrolet, Hyundai, Nissan, Dodge, Chrysler, Kia, Toyota, Honda, Jeep, Volkswagen, and some higher-end brands including GMC, Acura, Infinity, and Buick.

• As of 2017, DriveTime operated dealerships in 27 states with approximately 38% of sales and 39% of servicing concentrated in three states: Texas, Florida, and Georgia.

T E N A N T P R O F I L E

DriveTime Core Texas Markets

DriveTime Dealerships

Y-o-Y Job Growth % / U.S. Rank MSA Population

Population per Dealership Median HH Income

Retail Asking Rent (CoStar)

Auto Asking Rent (CoStar)

Houston 5 3.66% / #4 7,092,836 1,418,567 $64,833 $17.41 $23.18 Dallas 8 3.19% / #8 7,575,979 946,997 $68,843 $16.55 $14.97

San Antonio 3 1.18% / #39 2,543,358 847,786 $60,880 $16.58 $17.18

11205 GULFFREEWAY

| 8

219,875TOTAL JOBS

(CREATED BY DEALERSHIPS)

$90.1 BTOTAL SALES(ALL DEALERSHIPS)

9%U.S. REGISTRATION

$62,076AVERAGE ANNUAL EARNINGS

AUTO SALES IN THE UNITED STATES AND TEXAS

16,802DEALERSHIPS

(7% OF U.S)

2,405,211TOTAL JOBS

(CREATED BY DEALERSHIPS)

69EMPLOYEES

(AVERAGE PER DEALERSHIP)

$1 TRILLIONTOTAL SALES(ALL DEALERSHIPS)

$57,876AVERAGE ANNUAL EARNINGS

1,180DEALERSHIPS

(7% OF U.S)

85EMPLOYEES

(AVERAGE PER DEALERSHIP)

SOURCE: NADA, 2017

11205 GULFFREEWAY

| 9

LEASE NOTES & RENT SCHEDULE

Lease Item Section SummaryTenant DriveTime Car Sales Company, LLC

Real Estate Taxes 10.11 (a) Tenant pays all real estate taxes imposed by governmental authorities of any kind.

Net Lease 3.5 (a) This is an absolutely net lease to Landlord. It is the intent of the parties hereto that the Base Rent payable under this Lease shall be an absolutely net return to Landlord and that tenant shall pay all costs and expenses relating to the Premises.

Insurance 6.1 Tenant shall, at Tenant’s expense obtain and keep in full force during the term of the lease the following insurance policies: (a) a commercial general liability insurance policy, (b) an all-risk property insurance policy, and (c) a personal property insurance policy

Assignment and Subletting 8 Tenant may sublet the premises or assign the lease; however, no assignment or sublease shall affect or reduce any of the obligations of Tenant or the obligations of any guarantor of Tenant, and all such obligations shall continue in full force and effect.

Guaranty Exhibit C Corporate guaranty from “DriveTime Automotive Group, Inc” and “Bridgecrest Acceptance Corporation”

11205 GULFFREEWAY

Description Dates Annual Rent Rent IncreasesBase Term - Year 1 Commencement - 12/31/2017 $516,708Base Term - Year 2 1/1/2018 - 12/31/2018 $524,459 1.50%Base Term - Year 3 1/1/2019 - 12/31/2019 $532,326 1.50%Base Term - Year 4 1/1/2020 - 12/31/2020 $540,310 1.50%Base Term - Year 5 1/1/2021 - 12/31/2021 $548,415 1.50%Base Term - Year 6 1/1/2022 - 12/31/2022 $556,641 1.50%Base Term - Year 7 1/1/2023 - 12/31/2023 $564,991 1.50%Base Term - Year 8 1/1/2024 - 12/31/2024 $573,466 1.50%Base Term - Year 9 1/1/2025 - 12/31/2025 $582,068 1.50%Base Term - Year 10 1/1/2026 - 12/31/2026 $590,799 1.50%Base Term - Year 11 1/1/2027 - 12/31/2027 $599,661 1.50%Base Term - Year 12 1/1/2028 - 12/31/2028 $608,656 1.50%Base Term - Year 13 1/1/2029 - 12/31/2029 $617,785 1.50%Base Term - Year 14 1/1/2030 - 12/31/2030 $627,052 1.50%Base Term - Year 15 1/1/2031 - 11/30/2031 $583,420 1.50%1st Option 12/1/2031 - 11/30/2036 $646,005 1.50% Annual2nd Option 12/1/2036 - 11/30/2041 $695,931 1.50% Annual3rd Option 12/1/2041 - 11/30/2045 $749,715 1.50% Annual

Hartsook St

Lorem ipsum

Iglesia Bautista El Buen Pastormario’s used cars Bible way fellowship baptist church

45Interstate

Oak creek home center

used cars

Gulf freeway (213,000 VPD)

| 10

CLOSE-IN11205 GULF

FREEWAY

| 11

ECONOMIC OVERVIEW

N A T I O N - L E A D I N G G D P G R O W T HBetween 2000 and 2017, Houston boasted the fourth-highest GDP growth among U.S. metros.

• Its 2018 GDP of $490 billion ranks it the 7th-largest economy in the U.S. • If Houston were an independent nation, the region would have the 24th-largest economy

in the world, behind Taiwan and ahead of Sweden. • #1 in the world in GDP per capita, according to global consulting firm A.T. Kearney – June

2016

N A T I O N - L E A D I N G P O P U L A T I O N G R O W T HWhen it comes to population growth, almost no city in America tops Houston.

• Fifth-largest MSA in the U.S. with a population of 7.09 million, and fourth-largest city with a population of over 2.3 million. The Houston MSA’s population is larger than the combined populations of the U.S. states of Maryland and Missouri.

• Houston MSA’s population is larger than the combined populations of the U.S. states of Maryland and Missouri.

• Projected population of over 7.5 million by 2025• Between July 2016 and July 2017 – the latest data available – Houston added 94,417

new residents, ranking it #2 among U.S. metros after Dallas-Fort Worth - 61,537 new residents last year attributable to organic growth 32,722 new residents last year attributable to net in-migration

• A United Nations study, published in 2015, projects Houston will add an additional 1.1 million residents by 2030, second only to New York City.

• The average age of Houston’s residents is 32 years old, well below the national average of 38.

• A recent report by the Kinder Institute of Urban Research and the Hobby Center for the Study of Texas – which analyzed U.S. census data from 1990, 2000, and 2010 – proclaimed Houston the most ethnically diverse city in the nation, surpassing even New York City.

• More than 1.4 million Houstonians, or more than one in five, are foreign-born.

11205 GULFFREEWAY

HOUSTON OVERVIEWN A T I O N - L E A D I N G E M P L O Y M E N T G R O W T H • Year over year job growth (T12) for September 2018 was 128,700 jobs, a 4.3% increase from 2017• Houston’s employment growth rate was more than double the national rate of growth for the twelve months

ending September 2018• Houston outperformed the entire state in employment growth rate by over 90-baisis points for the twelve

months ending September 2018• These are the best T12 September employment numbers Houston has ever experienced• Ranked fourth in total job creation among MSAs in 2017. • Houston has more than doubled its employment base in the past 35 years, adding more than 1.5 million

employees since 1980. • Home to more than 1,500 significant corporate relocations or expansions since 2009 (“significant” defined as

creating more than 50 jobs, leasing 20,000 square feet and/or investing more than $1.0 million) • Site Selection magazine has recognized the Houston MSA as the #2 metro in the nation for new and expanded

corporate facilities in 2017, logging 196 new and expanded corporate facilities, behind the Chicago MSA with 402 and ahead of the Dallas-Fort Worth MSA with 192.

• Since 2011, the Houston MSA has ranked among the top three metros for corporate relocations and expansions in the nation. In addition to the Houston MSA’s top 2 ranking, Texas earned the top spot in Site Selection magazine’s state rankings. The Houston region was named the #2 metro in the nation for new and expanded corporate facilities in 2017.

• There are 21 Fortune 500 companies headquartered in the Houston metro area, ranking Houston fourth in the country behind New York (63), Chicago (34) and Dallas-Fort Worth (22). Houston is home to 41 companies on the Fortune 1000 list. Many of these companies are tied to upstream, midstream and downstream oil and gas, and also represent several other industries, including food distribution, utilities, automotive retail, telecom, and waste management.

• With over 3 million employees, the Houston MSA is home to more jobs than 35 combined U.S. states. • Service industries account for 4 out of 5 workers in the region, and the goods-producing sector accounts for

nearly 1 in 5 of the region’s jobs. • #1 Big City for 2018 Graduates, according to Online Degrees, an online-degree resource website that profiled

59 U.S. cities with a population of more than 750,000 and then ranked each city on a variety of factors such as cost of living, nightlife, and median earnings

• #3 Metro for Number of Corporate Relocations and Expansions – Site Selection 2017• #1 Fastest Growing Cities – Forbes 2016• #1 Highest Starting Salaries (adjusted for Cost of Living), according to WalletHub – May 2016

11205 GULFFREEWAY

HOUSTON OVERVIEW

THE TMC INCLUDES: • The largest concentration of scientists in the world • The largest concentration of life science professionals in the U.S. • The largest cancer hospital in the world (M.D. Anderson) • The largest children’s hospital in the world (Texas Children’s Hospital)

T H E E N E R G Y C A P I T A L O F T H E W O R L D• Home to over 4,800 energy-related companies, Houston is known as the “Energy Capital

of the World” - nearly every major energy company in the world has an office in Houston.• The Houston region is home to 40 of the United States’ 134 publicly-traded oil and gas

exploration companies, including 10 of the top 25; nine more of the top 25 have subsidiary offices, major divisions and other significant operations in Houston.

• Houston employs nearly 1/3 of the nation’s oil and gas extraction jobs.• Houston is home to 87,500 engineers and architects, more than any other U.S. metro area.• Approximately 230,000 people work in the region’s manufacturing industry. • There are 700 exploration and production firms and 800 oil field service companies

located in the Houston region. • The petrochemical and refining complex along the 25-mile Houston Ship Channel at the

Port of Houston is the largest in the Western Hemisphere and the second-largest in the world after Rotterdam.

• Currently there are over $50 billion of new petrochemical and refining projects in various stages of development in the Greater Houston area.

T H E W O R L D ’ S L A R G E S T M E D I C A L C E N T E R• With 45.8 million square feet, Texas Medical Center is the largest life sciences destination

in the world and is projected to grow by more than 15 million square feet over the next three years.

• The Texas Medical Center is home to over 56 member institutions (including 21 hospitals). • The TMC is equivalent to the size of the eighth-largest Central Business District (CBD) in

the U.S., and it has tripled in size over the past 20 years. • There are currently $3 billion in new hospital projects under construction plus a planned

$1.5 billion collaborative research campus and mixed-use developed called the TMC|3.

11205 GULFFREEWAY

| 14

HOUSTON OVERVIEW• With over 106,000 employees (more than ExxonMobil, Google, or Apple), 50,000 life science

students, and thousands of volunteers and patient visits, over 160,000 people visit Texas Medical Center each day.

• Over the course of the year, The TMC welcomes over 8 million annual patient visits.• The TMC includes: - The largest concentration of scientists in the world - The largest concentration of life science professionals in the U.S. - The largest cancer hospital in the world (M.D. Anderson) - The largest children’s hospital in the world (Texas Children’s Hospital)• Additionally, more heart surgeries are performed here than anywhere else in the world,

over 180,000 per year. • The combined annual operating budget of the TMC is $15 billion.

P O R T O F H O U S T O N : T H E N A T I O N ’ S L E A D I N G E X P O R T P O R T • The Port of Houston has ranked first in the U.S. in import tonnage for the past 25 years, is

the largest Gulf Coast container port, and has ranked 2nd in total tonnage for 23 straight years.

• The Houston-Galveston Customs District handled $157.3 billion in trade through October 2017, up 18.6% over the comparable period in 2016, including $69.3 billion in imports and $88.0 billion in exports. That makes Houston the largest export market in the U.S.

• There are ten major rail companies that connect the Port of Houston to the largest markets in the continental U.S., Canada, and Mexico.

H O U S T O N : O N E O F O N L Y S I X U . S . C I T I E S W I T H T W O I N T E R N A T I O N A L A I R P O R T S• The Houston Airport System, with two international airports, is the fourth-largest airport

system in the United States and sixth-largest in the world. • The Houston Airport System handled 49.2 million passengers (80% domestic and 20%

international) through November 2017, as well as 393,738 metric tons of air freight. • The Houston Airport System supports over 180 nonstop destinations. • Airlines from New Zealand and Taiwan announced plans to offer direct flights to George Bush

International Airport (IAH) airport last year, while William P. Hobby Airport (HOU) opened its international terminal. Southwest Airlines now offers flights to several Latin American and Caribbean destinations via Hobby Airport.

11205 GULFFREEWAY

| 15

HOUSTON OVERVIEW

• IAH is the largest hub for United Airlines in the world. • IAH also offers flights to more Mexican destinations than any other U.S. city. • Ellington Airport (EFD) was recent granted a launch site license from the Federal Aviation

Administration (FAA) to establish a launch site for Reusable Launch Vehicles, making it the 10th commercial spaceport in the U.S. The site benefits from its long history of collaboration with the National Aeronautics and Space Administration (NASA)’s Lyndon B. Johnson Space Center, where human spaceflight training, research, and flight control are conducted.

G L O B A L H U B F O R A R T S A N D C U L T U R EForbes Travel Guide ranked Houston among its top 12 destinations in the world for 2017. Houston was recently named “the 10th most joyous place on Earth” in June 2017, according to a Joy Index created in partnership by Bank of America, Conde Nast Traveler and happiness experts Shawn Anchor and Gretchen Rubin, author of the best-selling book, “The Happiness Project.” The city is widely recognized as an important city for the contemporary visual arts. The city’s Theater District in downtown Houston has the second-most number of theater seats of any U.S. city after New York City (14,000+). The Houston Museum District boasts over 20 museums, galleries and cultural centers such as the Museum of Fine Arts, Houston (MFAH), the Menil Collection, and the Houston Museum of Natural Science.

• The 17-block Theater District in downtown Houston features nine world renowned performing arts organizations, and many smaller ones, in four venues – Jones Hall, Wortham Theater Center, Alley Theatre, and Hobby Center for the Performing Arts.

• Houston is one of only five cities with permanent professional resident companies in all of the major performing arts disciplines – opera, ballet, music, and theater.

• The Houston Grand Opera is the only opera company in the U.S. to win a Grammy, a Tony, and an Emmy.

• The Alley Theatre, founded in 1947, is Houston’s oldest professional theatre company. It is the only theatre in Texas to win the Tony Award for best Regional Theatre and is the third oldest continually operating theatre in the United States.

• The Museum of Fine Arts, Houston is undergoing a $450 million expansion to be completed in 2019.

• The Menil Collection underwent a $40 million expansion completed in October 2017. It is the first phase in a project with more than $110 million in planned improvements.

• The Houston Museum of Natural Science, with more than 2 million annual visitors, is the third-most visited non-Smithsonian museum in the U.S. after the American Museum of

History and Metropolitan Museum of Art in New York.• Houston is home to 500 institutions devoted to performing and visual arts, science, and

history. • Houston’s 50,000+ acres of parks gives it more green space than any other top 10 U.S.

metro. • The city is home to five professional sports teams housed in four new stadiums. The

National Football League’s Houston Texans play in NRG Stadium, Major League Baseball’s Houston Astros in Minute Maid Park, the National Basketball Association’s Houston Rockets in Toyota Center, and Major League Soccer’s Houston Dynamo and the National Women’s Soccer League’s Houston Dash in BBVA Compass Stadium.

• The Houston Livestock Show and Rodeo is the city’s signature event and the largest of its kind in its world; it also draws some of the world’s biggest recording artists. The event spans 20 days, requires over 30,000 volunteers, and attracts 2.5 million annual visitors. The HLSR is a charitable organization that has committed more than $400 million to the youth of Texas since its founding in 1932.

G L O B A L P R E S E N C EHouston ranks third in the U.S. in terms of its total number of consular offices with 90+ countries that maintain official government representation.• There are also 15 foreign governments which also maintain trade and commercial

offices, and the Houston metro area has 35 active foreign chambers of commerce.

• The Greater Houston Partnership lists 5,000+ Houston companies doing business abroad and 1,000 Houston firms reporting foreign ownership.

• International firms employ more than 250,000 Houstonians. • More than 90 foreign firms own nearly 350 properties in Houston, displaying continued

interest from overseas investors. • There are 19 foreign banks from 9 nations that are located in Houston.

11205 GULFFREEWAY

Holliday Fenoglio Fowler, L.P. (“HFF”) a Florida licensed real estate broker.

Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.

HFF has been engaged by the owner of the property to market it for sale. Information concerning the property described herein has been obtained from sources other than HFF and we make no representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all references 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 buyer. Buyers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.

CONTACT INFORMATION

HOUSTON, TX 77034

GULF FREEWAY11205

INVESTMENT SALES: RYAN WESTT 713.852.3535 rwest@hfflp.com

MARC MANDEL T 484.532.4212 mmandel@hfflp.com

STEVE SCHRENK T 484.532.4213 sschrenk@hfflp.com

BRAD PETERSON T 407.745.3910 bpeterson@hfflp.com

MICHAEL BREWSTER T 407.745.3911 mbrewster@hfflp.com

ORLANDO 250 S. Park Ave

Suite 360 Winter Park, FL 32789

T 407.745.3900

h f f l p . c o m

PHILADELPHIA 1700 Market Street

Suite 3232Philadelphia, PA 19103

T 484.532.4200

HOUSTON9 Greenway Plaza

Suite 700Houston, TX 77046

T 713.852.3500