Sam Moon Center - Fort Worth, TX

SAM MOON CENTER

FORT WORTH, TX

Sam Moon Center

9120-9180

EXISTING ASSUMABLE LOAN

use for massage & facials treatments, etc unless new tenant is >5,000 SF and massage and facials are less that 50% of business

Tenant

Sam Moon Trading Co.

Corporate/Franchise Corporate

Locations 7 Locations

Public/Private Private

Line of Business

Sam Moon Trading Co. is a Dallas-based regional wholesaler that specializes in women’s fashion handbags, jewelry and accessories. Founded in 1984 by David and In Sun Moon, Sam Moon quickly became Dallas’ destination for wholesale women’s accessories and handbags. Sam Moon later opened stores to the public in 1994 and now operates seven flagship locations throughout Texas.

Tenant Ashley HomeStore

Corporate/Franchise Franchise

Locations 685+ Locations in the United States

Public/Private Private

Line of Business

Ashley HomeStore is an American furniture store chain that sells Ashley Furniture products. Though many Ashley HomeStores are independently owned and operated, all of the furniture sold is manufactured by Ashley. Opened in 1997, the chain comprises over 800 locations worldwide with over 680 locations in the U.S.

Tenant

Texas Family Fitness

Corporate/Franchise Franchise

Locations 12 Locations

Public/Private Private

Line of Business

Texas Family Fitness is a Texas-based fitness gym chain. The company caters itself for a wide range of demographics, from beginners to seasoned athletes. Texas Family Fitness clubs have state-ofthe-art equipment and all the amenities needed for the best fitness experience. Additionally, Texas Family Fitness provides fitness guidance, including team, group and personal training.

Tenant Plato’s Closet

Corporate/Franchise Franchise

Locations

450+ Locations

Public/Private Public as a subsidiary of Winmark (NASDAQ: WINA)

Line of Business

Plato’s Closet is an international chain clothing store that buys and sells name brand consignment clothing for teens. It focuses on clothes, shoes and accessories for people ages 12 to 24. Winmark Corporation, an American franchisor, purchased Plato’s Closet in 1998. The store’s name was inspired by Plato, who had been an early advocate of recycling, which paralleled the aim to recycle used clothes.

Tenant Five Guys Burgers and Fries

Corporate/Franchise Franchise

Locations 1,600+ Locations

Public/Private Private

Line of Business

Five Guys Burgers and Fries is an American fast casual restaurant chain focused on hamburgers, hot dogs and french fries, and headquartered in Lorton, Virginia. The first Five Guys restaurant opened in 1986. In early 2003, the chain began franchising, beginning a period of rapid expansion. As of 2019, Five Guys had over 1,600 locations open worldwide, with 1,500 locations under development.

Tenant Firehouse Subs

Corporate/Franchise Franchise

Locations 1,100+ Locations

Public/Private Private

Line of Business

Firehouse Subs is a U.S.-based, fast casual restaurant chain founded in 1994 in Jacksonville, Florida by former firefighter brothers Robin and Chris Sorensen. Firehouse Subs has opened over 1,160 restaurants in 46 states as well as Puerto Rico and Canada. The menu features hot specialty subs, salads, and other seasonal items.

Tenant Fuzzy’s Taco Shop

Corporate/Franchise Franchise

Locations

80+ Locations

Public/Private Private

Line of Business

Fuzzy’s Taco Shop is corporate-owned fast-food restaurant chain specializing in Tex-Mex-style Mexican cuisine. Fuzzy’s Taco Shop serves fresh, handmade Baja-style Mexican food, with specialties like fish tacos, burritos, nachos, queso and ice-cold beer. Founded in 2003 in Fort Worth, Texas, the chain has 81 stores across nine states.

Tenant Hand and Stone Massage and Facial Spa

Corporate/Franchise Franchise

Locations

400+ Locations

Public/Private Private

Line of Business

Hand & Stone is an American massage chain that offers professional massage, facial and hair removal services tailored to its clients’ individual needs. Launched in 2005 by physical therapist John Marco and now led by franchise veteran Todd Leff, Hand & Stone has nearly 400 spas throughout the United States and Canada.

Tenant Clothes Mentor

Corporate/Franchise Franchise

Locations 135+ Locations

Public/Private Private

Line of Business

Clothes Mentor is a women’s fashions consignment store that offers gently-used clothing, shoes, accessories and handbags. Clothes Mentor’s apparel is in great shape, on-trend, or classic and timeless and is also organized by color and size. The chain also offers a personal shopper service to help clients find outfits that work fit their individual styles.

Tenant Sola Salon Studios

Corporate/Franchise Franchise

Locations 450+ Locations

Public/Private Private

Line of Business

Sola Salon Studios is a salon studio franchise with more than 450 locations and over 14,000 salon professionals. The company was founded in 2004 in Denver, Colorado by Stratton Smith and Matt Briger. Sola Salon Studios provides professionals with premium, fully-equipped salon spaces to own and operate their individual boutique salons.

Tenant Adventure Kids Playcare

Corporate/Franchise Franchise

Locations 16 Locations

Public/Private Private

Line of Business

Adventure Kids Playcare is a unique drop-in childcare and entertainment center for kids ages 6 weeks to 12 years old. Children can play, explore and learn while in Adventure Kids Playcare’s safe and secure environment. All of AKP’s play crew are CPR/First Aid certified. Adventure Kids Playcare has 16 locations in Texas and Washington with two new locations scheduled to open in Florida.

• Stabilized Asset with Value-Add Opportunity: At 95% occupancy, the Sam Moon Center provides an investor with stable, existing cash flow while offering upside through the lease-up of the remaining 8,412 square feet of available space.

• Long-Term Tenancy: The Sam Moon Center tenant base has demonstrated outstanding longevity, as 66% of the current tenant lineup has been at the Property for more than 5 years.

• National Tenancy: The Property’s tenant line-up is comprised of a strong mix of nationally recognized retailers representing 55% of the current revenue including Ashley HomeStore, Fuzzy’s Tacos, Firehouse Subs, Five Guys and Plato’s Closet, to name a few.

• Access & Traffic Counts: Positioned along Interstate 35W, the Sam Moon Center has ample access off the highway. Furthermore, the Property benefits from more than 114,339 vehicles daily on I-35W.

• High Growth & Population Densities: There are 105,543 residents within a three-mile radius of the Property, increasing to 250,745 residents within five miles. Over the last 10 years, this area of Fort Worth has seen an annual growth of 5.2% within one mile of the Property and is expected to see additional yearly growth of 2% over each of the next five years.

• High Demographic Area: The Average Household Income within a three-mile radius of the Property is $110,283, which is well above the National Average Household Income.

• Alliance Town Center: The Property has an ideal position shadow to Alliance Town Center — a master-planned, 900-acre community with 41 retail stores, 39 dining options, 6 residential communities, Class A office space and 28 acres of parks and trails.

PRESIDIO TOWN CROSSING

« Sam Moon Center 9120 North Freeway

1 Presidio Towne Crossing

2 Presidio Junction 8917 North Freeway

3 Alliance Town Center

4 Heritage Trace Plaza

Ashley HomeStore Furniture, Texas Family Fitness, Fuzzy's Taco, Hand & Stone, Firehouse Subs, Five Guys

Target, Guitar Center, Old Navy, Dollar Tree, Petco, WingStop, Sherwin Williams, Domino's

Costco, WinCo Foods, AT&T, Potbelly, Presidio Center Dental, Liberty Burger, La Madeleine

Kroger Marketplace, Cinemark, Belk, Verizon, Jason's Deli, Mi Cocina, Mattress Firm, Which Wich, H&R Block

Mooyah, Subway, Mama's Pizza, Quest Diagnostics, FedEx Office, EQ Dental, McAlister's Deli, Texas Health Resources

(Inline)

Dallas - Fort Worth, TX

OVERVIEW QUICK STATS

Dallas encompasses half of the Dallas-Fort Worth Metroplex and is the third-largest city in Texas and the ninth-largest city in the United States. Dallas is home to the third-largest concentration of Fortune 500 companies in the country and is the largest economic center of the Dallas-Fort Worth metropolitan area. The Metroplex has strong submarket occupancy rates, is home to more shopping centers per capita and has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States.

The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area, which had a population of 7,573,136 according to the U.S. Census Bureau’s 2019 population estimates. From 2010 to 2019, the DFW Metroplex had the largest numerical population growth of any MSA in the United States.

The metropolitan economy is the fourth-largest and third-fastest growing in the United States, with a 2017 real GDP of $535.5 billion. In 2018, Dallas had both the highest job growth rate and the most jobs added in the nation, and is the fourth-largest employment center in the nation (behind New York

City, Los Angeles, and Chicago) with more than three million non-farm jobs. In the latest rankings released in 2018, Dallas was rated as a “beta plus” world city by the Globalization and World Cities Study Group & Network. Dallas is also ranked 14th in world rankings of GDP by the Organization for Economic Cooperation and Development. The DFW Metroplex has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States. As of 2020, the city of Dallas has 10 Fortune 500 companies, and the DFW region as a whole has 25.

Dallas is the best-ranked city on the Regulatory Climate Index thanks to its efficient local regulations. Entrepreneurs and small businesses can expect a welcoming business environment across all five areas of local regulation. Dallas scores above average across each meaningful measure of an interaction that a business has with a local government agency through procedure, time, and cost. These rankings reflect the city’s continuing efforts to develop programs and initiatives to strengthen the business environment, provide access to capital, and encourage economic growth at the local level.

No.

1

4th

10K 5th

25

Fastest Growing MSA in the U.S. from 2010 to 2019 (U.S. Census Bureau)

Largest Metropolitan Area in the United States

Fastest Growing Economy in the U.S. (Forbes)

Fortune 500 Companies Call DFW Home (American City Business Journals)

Home to over 10,000 corporate headquarters, making it the largest concentration in the U.S.

CONFIDENTIALITY AGREEMENT

The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from STRIVE and it should not be made available to any other person or entity without the written consent of STRIVE. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to STRIVE.

This offering memorandum has been prepared to provide summary, unverified financial and physical 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. STRIVE has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, STRIVE has not verified, and will not verify, any of the information contained herein, nor has STRIVE conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT STRIVE AGENT FOR MORE DETAILS.

Commercial Disclaimer

STRIVE hereby advises all prospective purchasers of commercial property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, STRIVE has not and will not verify any of this information, nor has STRIVE conducted any investigation regarding these matters. STRIVE makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a commercial property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. STRIVE expressly denies any obligation to conduct a due diligence examination of this Property for Buyer.

Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a commercial property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any commercial property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenants and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenants history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term leases, including the likelihood of locating replacement tenants if any of the current tenants should default or abandon the property, and the lease terms that Buyer may be able to negotiate with any potential replacement tenants considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release STRIVE and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this commercial property.

Information About Brokerage Services

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

• A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.

• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

• Put the interests of the client above all others, including the broker ’s own interests;

• Inform the client of any material information about the property or transaction received by the broker;

• Answer the client’s questions and present any offer to or counter-offer from the client; and

• Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer ’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by th e seller or seller ’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;

• May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and

• buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose:

ӽ that the owner will accept a price less than the written asking price;

ӽ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and

ӽ any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:

• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.

• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.