Gregory A. Cortesegacortese@theroystongroup.comDirect Dial: 310.395.3551RE License #00757153

Price: $3,570,000 – 5.74% CAP Rate• New 9+ Years Remain on Lease• Over $101,000 Average Household Income Within 3 miles• 10% Rent Increases Every 5 Years

OFFERING MEMORANDUM

Oakwood State Bank, Dallas, TX

Actual Location

Disclaimer

The information contained in this marketing brochure (“Materials”) isproprietary and confidential. It is intended to be reviewed only by theperson or entity receiving the Materials from TRG (“Agent”). The Materialsare intended to be used for the sole purpose of preliminary evaluation ofthe subject property/properties (“Property”) for potential purchase. TheMaterials have been prepared to provide unverified summary financial,property, and market information to a prospective purchaser to enable it toestablish a preliminary level of interest in potential purchase of theProperty. The Materials are not to be considered fact. The informationcontained in the Materials is not a substitute for thorough investigation ofthe financial, physical, and market conditions relating to the Property. Theinformation contained in the Materials has been obtained by Agent fromsources believed to be reliable; however, no representation or warranty ismade regarding the accuracy or completeness of the Materials. Agent makesno representation or warranty regarding the Property, including but notlimited to income, expenses, or financial performance (past, present, orfuture); size, square footage, condition, or quality of the land andimprovements; presence or absence of contaminating substances (PCB’s,asbestos, mold, etc.); compliance with laws and regulations (local, state, andfederal); or, financial condition or business prospects of any tenant (tenants’intentions regarding continued occupancy, payment of rent, etc). Aprospective purchaser must independently investigate and verify all of theinformation set forth in the Materials. A prospective purchaser is solelyresponsible for any and all costs and expenses incurred in reviewing theMaterials and/or investigating and evaluating the Property. By receiving theMaterials you are agreeing to the Confidentiality and Disclaimer set forthherein.

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Offered Exclusively By:

Gregory A. Cortesegacortese@theroystongroup.comDirect Dial: 310.395.3551CA RE License #00757153

The Royston Group11661 San Vicente Blvd., Suite 707Los Angeles, CA 90049

Property Information

LOCATION: 17808 N. Dallas Pkwy, Dallas, TX 75287The subject property is located at the signalized NEC ofBriargrove Lane and Dallas Parkway, within the affluentNorth Dallas neighborhood of Bent Tree-Preston Trail. Theproperty has visibility from the North Dallas Tollway with167,560 cars per day passing by this site.

LOT SIZE: Approximately 2.153 acres.

LEASE: Leased to Oakwood State Bank (guaranteed bythe parent Oakwood Bancshares, Inc.) commencing in July 6,2017 and expiring December 31, 2027. The Tenant isresponsible for all expenses including taxes, insurance,maintenance, repair and replacement of the building’s roof,foundation, building components, ie., (plumbing, HVAC,lighting, electrical, irrigation, etc.) landscaping, and parkinglot. The landlord has no obligations whatsoever. The rentincreases every 5 years by the fixed amount of 10%. Thereare two 5-year options to renew: 1st Option: 10% increases;2nd Option: 10% increase or fair market rent, whichever isgreater.

Price: $3,570,000 (5.74% Cap)

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The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

IMPROVEMENTS: The improvements consist of a 8,328square foot bank building built in 1997 with parking for 151cars (18:1). The Tenant’s construction includes removal of allinterior walls, reconstruction of the entire interior per thespecs and plans for the bank layout, completely new energyefficient HVAC system, completely new interior electricalwiring, new interior plumbing system and fixtures, allwindows replaced with more energy efficient glass, newFirestone “Energy Star” rated TPO roof system with a 20 yearwarranty and new building insulation. Additionally, thebuilding signage has been enhanced by the construction of anew digital pylon sign, exposing its reader board to north andsouth bound traffic along the North Dallas Tollway.

NET ANNUAL INCOME:

Years Net Income

Years 1 - 5 $205,000

Years 6 - 10 $225,500

1st 5 Year Option $248,050

2nd 5 Year Option * $272,855

* 10% increase or fair market rent whichever is greater.

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236,000 cars per day

Bent Tree North

Briargrove Ln.

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Downtown Dallas

Trinity ChristianAcademy

Methodist Hospital

Tenant Information

Oakwood State Bank was formed in 1900 in Oakwood, Texas. The bank was acquired by the newly formed OakwoodBancshares on April 17th, 2017.

FINANCIAL SUMMARY

Total Assets $140,000,000 as of March 31, 2018

Total Deposits $105,852,000 as of March 31, 2018

Oakwood Bank is a Federal Deposit Insurance Corporation (FDIC) insured Texas state chartered bank owned byOakwood Bancshares, Inc. They offer services for personal banking and business banking that include savings andchecking accounts in a variety of forms. This allows customers to find the best program that suit their personal orbusiness needs. Oakwood Bank has a state of the art online banking system that can help manage checking, savings,money transfers, ACH transactions and online bill pay by simply logging in online or through their mobile app. This ismodern Texas banking backed by exceptional, personalized service. Their commercial bankers have the expertise tohelp businesses thrive. From extensive lending abilities to deep cash management services, customers will find a widerange of options to manage their business.

For further information go to: http://www.ibanknet.com/scripts/callreports/getbank.aspx?ibnid=usa_5008971

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The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

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Site Plan

The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

About the Area

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The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

Far North Dallas includes areas north of IH-635 (LBJ) and is viewed as a distinct area from North Dallas.

Homes in the eastern portion of Far North Dallas neighborhoods feed into the Richardson ISD schools, which are highly sought after by many families with children. The University of Texas at Dallas (UTD) campus borders the Far North Dallas area. The lot sizes are larger than most in the more recently developed neighborhoods to the north, appealing for those who enjoy backyard space and an abundance of mature trees.

With Preston Hollow amenities to the South, Richardson to the East, Addison to the West and Plano to the North, the options for dining and entertainment are virtually unlimited: Village On the Parkway, Downtown Addison, Galleria Mall, Richardson Food Truck Park, future Midtown and CityLine amenities to name a few. You'll also find plenty of green space, trails and recreational activities in the area.

Bent Tree North Luxury Living: Although Northwood Hills offers some gorgeous mansions tucked away from the busier streets, Bent Tree has the most prestigious luxury properties in Far North Dallas surrounding the Bent Tree Country Club an exclusive, private country club and Preston Trails Golf Club. The north section of the community feeds into Plano ISD, while the south feeds into Dallas ISD. Easy access to the Dallas North Tollway and tall privacy fences make for a very desirable community in the most northern parts of Dallas.

About the Area

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The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

Dallas businesses have access to an almost 3.4 million strong workforce, where 32% of regional workers have at least a college degree. There are over 850,000 professionals in management, finance, computing, architecture, engineering and the sciences and over 415,000 professionals in education and health services. A diverse economy offers many opportunities for dual profession families and assures a strong pool of talent for area businesses.

With the cost of living at 96.1% of the national average and no personal income tax, Dallas offers a wonderful quality of life. In 2016, DISD had the 1st and 4th highest-rated public high schools in the nation, according to U.S. News and World Report. A growing transit system includes 62 rail stations, plus two more planned. Area colleges and universities enroll 342,000 students, and Dallas has the largest arts district in the U.S. Thousands of restaurants, 28 libraries, 80.9 million square feet of shopping, 23,000 park acres, 143 miles of trails, plus franchises for all the major professional sports leagues provide endless entertainment.

The Dallas area is home to 21 Fortune 500 companies. The city is home to 300 corporate headquarters that each employ more than 1,000 people globally. Of Forbes’ largest privately held companies, seven are located in the Dallas area.

Dallas–Fort Worth is the nation’s fourth-largest metro area with a population in excess of 7.1 million, conveniently positioned in the middle of the United States and offering competitive advantages to businesses that locate here. The region’s central location allows it to function as a logistics and distribution hub, giving businesses an edge by putting keymarkets within easy reach of both truck and rail shipping. For business travelers, the region’s mid-continent location means saving time on travel—any major U.S. city is less than four hours away.

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Preston TrailsGolf Club

Bent Tree Country Club

Population Summary 1 mile 3 mile 5 mile

2010 Total Population 17,611 126,946 341,714

2017 Total Population 18,535 134,724 377,298

2022 Total Population Projected 19,698 143,358 407,568

2017 Average Household Income $112,760 $101,907 $103,432

2022 Average Household Income Projected $125,973 $113,962 $115,887

North Dallas Tollway 167,560 cars per day

Walmart 34,000 Dallas Independent Schools District 19,740

American Airlines 27,000 Baylor Scott & White 16,500

Texas Health Resources 22,296

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Demographics

Income

Traffic Count – Cars Per Day

The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no

representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice.

Top Employers

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11661 San Vicente Blvd. Suite 707Los Angeles, CA 90049

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Gregory A. Cortesegacortese@theroystongroup.comDirect Dial: 310.395.3551RE License #00757153