CVS New Ground Lease Dallas, TX

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Madeline Berry
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CVS New Ground Lease Dallas, TX Investment Summary: Ask Cap: 4.15% (Avg. 4.21%) Remaining Term: 25 Years Store Opening: June 23, 2016 Building Size: 10,000+ sf Land Area: 0.

Landes Fairmount is pleased to offer for sale this new CVS ground lease located at the northwest corner of Field St. and Olive St. in the vibrant Victory Park area of Dallas, TX.

1 CVS New Ground Lease Dallas, TX Investment Summary: Ask Cap: 4.15% (Avg. 4.21%) Remaining Term: 25 Years Store Opening: June 23, 2016 Building Size: 10,000+ sf Land Area: acres Expenses: Absolute NNN GL Tenant: CVS Pharmacy Guarantor: CVS Health Corp Credit Rating: BBB N. Field St. Landes Fairmount is pleased to offer for sale this new CVS ground lease located at the northwest corner of Field St. and Olive St. in the vibrant Victory Park area of Dallas, TX. The new 10,000+ square foot freestanding single-tenant building is leased to CVS Pharmacy Inc. on a long-term corporate guaranteed Absolute NNN Ground Lease. Construction has begun and the store is planned to open June 23, For additional information also visit:

Downtown Dallas Investment Highlights: 10,000+ SF Absolute NNN Ground Lease.

long-term initial lease. CVS Health Corp.

CVS Pharmacy has filled or managed 1.7 billion prescriptions annually since 2008.

2 Downtown Dallas Investment Highlights: 10,000+ SF Absolute NNN Ground Lease. Corporate Guaranteed CVS Pharmacy Inc (NYSE: CVS; S&P BBB+ Stable) with rare long-term initial lease. CVS Health Corp. is the Largest Pharmacy Health Care Provider in the US. CVS Pharmacy has filled or managed 1.7 billion prescriptions annually since Traffic Count: (Average Daily Traffic) N Field Street: 18,350 ADT Olive Street Interstate 35: 366 Woodall Rogers Freeway: 12,546 ADT 150,059 ADT 79,333 ADT

Quick Facts: Dallas is the 4th largest metropolitan area in the US 10th largest growing area in the US Over 1 million sf of office, retail and residential planned for 2016 in Victory Park CVS Health

is the second largest pharmacy chain in the United States, with over 7,800 stores. CVS is rated BBB+/Stable (S&P) with a market cap of $105 Billion.

4 Quick Facts: Dallas is the 4th largest metropolitan area in the US 10th largest growing area in the US Over 1 million sf of office, retail and residential planned for 2016 in Victory Park CVS Health Corporation (CVS) is the largest provider of prescriptions and related healthcare services in the United States. CVS Health Corp. is the second largest pharmacy chain in the United States, with over 7,800 stores. CVS is rated BBB+/Stable (S&P) with a market cap of $105 Billion. Demographics 0-1 Miles 0-3 Miles 0-5 Miles 2015 Total Population: 33, , , Average Household Income: $98,083 $84,470 $86, Total Housing Units: 5,889 60, ,026 For more information contact Landes Fairmount or execute the attached Confidentiality Agreement and return to Justin Grissen or Austin Landes. Landes Fairmount Properties 2521 Fairmount Street, Dallas, Texas Office: (214) Tx. Lic # Managing Director Investment Advisor Justin Grissen Austin Landes Direct: (214) Direct: (214) Office: (214) Office: (214) jgrissen@landesfairmount.com alandes@landesfairmount.com

5 CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT This Confidentiality and Non-Disclosure Agreement (this Agreement ) is dated as of, 20, between LANDES FAIRMOUNT PROPERTIES, LLC (the Company ) and, a (the Recipient ) in regards to the CVS Pharmacy located at 2501 N Field Street, Dallas, Texas (the Property ). (THE PROPERTY ) INCLUDES THE FOLLOWING: 2501 N Field St, Dallas, TX WHEREAS, the Company is considering entering into one or more transactions with the Recipient with respect to financing, acquiring, leasing or otherwise dealing with (the Transactions ) certain parcels of real property to be designated by the Company (the Property ); and WHEREAS, the Company wishes to furnish the Recipient with Confidential Information (as defined below) to further such relationship and transactions, and the Recipient wishes to receive such information and agrees to hold such information confidential. NOW, THEREFORE, in consideration of the Company furnishing the Recipient with Confidential Information and the mutual promises contained herein, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree to the following: 1. Confidential Information shall mean any financial, title, survey, environmental, legal or other material business information whether written, in electronic form, or oral, which is disclosed by the Company to the Recipient regarding the Property, any potential Transactions, the Company or any entities in which the Company has a direct or indirect ownership interest. Confidential Information shall not include any information to the extent that it: (i) is generally available to the public other than as a result of a disclosure by the Recipient or its members, managers, officers, directors, advisers, shareholders, lenders, attorneys, agents or contractors ( Representatives ), or (ii) becomes available to the Recipient on a non-confidential basis from a source other than the Company or any of his Representatives, as long as such source is not bound by a confidentiality agreement with or other contractual, legal or fiduciary obligation of confidentiality with the Company or any other party with respect to such information. 2. The Recipient agrees that the Confidential Information shall be retained by the Recipient in confidence and shall not, except as required by law, be disclosed by the Recipient to any other person or entity, including, without limitation, any owners, purchasers (whether prospective or under any contract), tenants, sub-tenants or other parties with any interest in or who are parties to any agreements related to the Property and/or the Transactions, without the prior written consent of the Company. The Recipient shall not contact or engage in any transactions or enter into any agreements related to the Property or the Transactions with any parties other than the Company, including, without limitation, any owners, purchasers (whether prospective or under any contract), tenants, or sub-tenants. 3. The Recipient shall use the Confidential Information solely for the purpose of evaluating Transactions (whether, proposed, pending or in effect) with the Company or entities in which the Company has a direct or indirect ownership interest. 4. The Recipient will promptly notify the Company if the Recipient or its Representatives are requested or required (or if the Recipient believes it is required) to disclose any of the Confidential Information so that the Company may seek an appropriate protective court order. If, in the absence of a protective order or other remedy or the receipt of a waiver, the Recipient or its Representatives are

6 compelled to disclose the Confidential Information by order of any court, the Recipient and its Representatives may, without liability hereunder, disclose to or at the direction of such court only that portion of the Confidential Information which it is required to disclose and only to such persons as are required to receive it. 5. The Recipient acknowledges that breach of the terms and conditions hereof may result in damage to the Company, which may not be adequately compensated by the payment of money damages. Accordingly, the Recipient agrees that the Company is entitled to obtain immediate injunctive relief against the Recipient or its Representatives for any breach or threatened breach of this Agreement, in addition to any other remedies that may be available at law or in equity. 6. This Agreement shall be governed by the laws of the State of Texas excluding its body of law controlling conflicts of laws. This Agreement shall not be modified, amended or waived, except in a writing signed by both parties. If any provision of this Agreement shall be held invalid or unenforceable, such provision shall be deemed deleted from this Agreement and replaced by a valid and enforceable provision which, so far as possible, achieves the parties intent in agreeing to the original provision. The remaining provisions of this Agreement shall continue in full force and effect. This Agreement may be executed by the parties hereto in separate counterparts each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. 7. The Recipient agrees to destroy all Confidential Information received from the Company if and when Recipient determines it is not interested in further pursuit of a Transaction or not later than six (6) months of signing the Confidentiality Agreement, except in the event Recipient consummates a Letter of Intent, Purchase Agreement, or other Transaction for the Property. IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth above. THE RECIPIENT By: Name: Title: THE COMPANY: Landes Fairmount Properties, LLC a Texas limited liability company By: Name: Title:

TARGA NGL PIPELINE COMPANY LLC NOTICE OF OPEN SEASON

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