Top 15 Location For Spectrum Communications in Texas

• This Spectrum location is one of the busiest in the state, hitting the top 15 in traffic and mobile sales.
• Spectrum Communications had $43B in revenues and $1.23B net income in 2018.

Ideally Located Within Major Retail Corridor at Loop 1604 and Interstate 35

• The subject property is located with The Forum At Olympia Parkway, a regional shopping center hub with 1.2m SF of GLA.
• The Forum is anchored by Home Depot, Target, Kohl’s, Hobby Lobby and numerous other nationals.
• Other major retail shopping centers in this corridor include:
  • Gateway Plaza: 778,849 GLA
  • Live Oak Town Center: 870,000 GLA
  • Rolling Oaks Mall: 882,347 GLA

Passive NNN Leases

• The South Chicken & Waffles signed a 10-year primary lease which commenced October 15, 2019 providing an owner a long-term lease.
• Spectrum Communications signed a 7 year primary lease term versus their typical 5 year lease, showing their commitment to this location.
• All leases are at market rents providing additional security to any owner.

100% Occupancy –Corporate and Regional Tenant Mix

• An investor will benefit from the full occupancy and strong tenant mix of corporate and regional operators.
• The South Chicken & Waffles has a cult like following and has been well received throughout San Antonio.

High Traffic Counts

• The subject property benefits from its ideal location and high traffic counts along two of the major highways in San Antonio, Loop 1604 and Interstate 35.
• Interstate 35:       174,215 cars per day
• Loop 1604: 72,360 cars per day

Densely Populated Trade Area

• The subject property benefits from its location surrounded by the densely populated trade area with 225,405 people in the 5-mile radius.