TEN-X AUCTION DATE ENDING JUNE 7, 2023

The property will be placed on www.ten-x.com and will be sold via live auction beginning on June 5, 2023.

This is an as-is, where is sale. Investors will have the opportunity to review the phase I, property condition report, title commitment, and purchase and sale agreement prior to the live auction.

PROPERTY SUMMARY

	PARKVIEW I	SUNRIDGE SHOPPING CENTER
LOCATION	330 Barker Cypress Rd. Houston, TX 77094	333 Cypress Run Houston, TX 77094
NET RENTABLE AREA	110,480 SF	65,220 SF
OCCUPANCY	61%	72.8%
YEAR BUILT	1987	1986
STORIES	4	3
PARKING RATIO	3.45/1,000 SF	3.22/1,000 SF
YEAR 1 NOI	$728,427	$367,358

INVESTMENT HIGHLIGHTS

Prime Suburban Location - Parkview I & II offer multi-directional regional accessibility through
Beltway 8, State Highway 249, U.S. Highway 290 and Interstate 10

Unique Repositioning Opportunity - the only available Class B MOB space in the immediate area

Offered at a Superior Basis, Significant Discount to Replacement Cost - Allows an investor the opportunity to lease the vacancies at rental rates and lease structures that competing properties cannot match.

INVESTMENT SALE ADVISORY

Rick Goings
Senior Director
rick.goings@jll.com
+1 713 4255855

Marty Hogan
Managing Director
marty.hogan@jll.com
+1 713 852 3557

Bailey Black
Analyst
bailey.black@jll.com
+1 713 852 3436