1002 WEST AVE - Matthews

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O FFE RI N G ME MOR A ND U MAUSTIN, TX0 . 5 MIL E S F R O M D O W N TO WN AUST IN10 02 W E S T AV Eaustin, tx 787011

1 0 0 2 W E S T AV E1002 WEST AVEaustin, tx 78701LISTING AGENTSCAMERON NIKROOANDREW IVANKOVICHANDREW GROSSSENIOR ASSOCIATEMARKET LEADERDIR (214) 295-8463MOB (949) 939-4939cameron.nikroo@matthews.comLIC # 694549 (TX)DIR (214) 692-2037MOB (626) 807-3586andrew.ivankovich@matthews.comLIC # 678815 (TX)DIR (214) 295-4511MOB (435) 659-1404andrew.gross@matthews.comLIC # 01987860 (CA)ASSOCIATEKYLE MATTHEWSBROKER OF RECORDLIC # 9005919 (TX)

TIN, TXInvestmentA U SOverview1002 West Aveaustin, tx 78701CALL FOR INFORMATIONPRICE 7,600 SFGLA1900Y E A R B U I LTINVESTMENT HIGHLIGHTS One in a kind owner user/redevelopment/investor opportunity in the AustinCentral Business DistrictPlease contact a Barrington Capital agent for financing options: Generational asset built in 1900s Minutes away from both the Capital and the historic 6th Street with easywalkability and access to public transportationKEVIN PUDER(562) 841-1789kevin.puder@barringtoncapcorp.com Currently zoned limited office (LO), general office, (GO), limited office-mixed use(LO-MU), public (P)3

1 0 0 2 W E S T AV Ecentral austinBLACKWELL-THURMANCRIMINAL JUSTICE CENTERsubjectproperty 4

AUSTIN, TXbarton creekSQUAREAUSTINHIGH SCHOOLsubjectproperty5

1 0 0 2 W E S T AV EOVER 20 ESTABLISHMENTS OFSTUDENT/MULTIFAMILY LIVINGsubjectproperty 6

AUSTIN, TX7

1 0 0 2 W E S T AV IONAVG. HOUSEHOLD INCOME1-MILE23,24727,444 (18.05% )28,810 (4.98% )8,78311,621 (32.31 )12,522 (7.75% ) 145,0183-MILE137,649161,719 (17.49% )172,024 (6.37% )61,21475,299 (23.01% )81,130 (7.74% ) 119,3975-MILE290,993338,204 (16.22% )361,118 (6.78% )124,661149,714 (20.10% )161,391 (7.80% ) 110,521*Subject Property Demographics 8

Area OverviewAUSTIN, TX#1BEST PLACEs TO LIVE2 nDSAFEST MAJOR CITY- U . S . News & WO r ld rep o rt- t he FB IAUSTIN, TXLo c ate d in Central Texas i n t he foot hi l l s of Texa s Hi l l Count ry, Aus t i n i s t h e s t ate c a p i t a l a n d t h e c u l t u ra l a n d e co n o m i c ce nte r of t h eAu s ti n -Ro u nd Rock met ropoli t an area. Re ga rde d by m os t a s t h e be s t ch oi ce i n Texas , t h e Au s t i n a re a p rovi d e s re s i d e nt s a b a l a n ce of as tro n g e co no my, good educat i on, at t ract i ve h ous i n g, a pl e a s a nt cl i m ate a n d pl e nt y to d o .V i s i to rs are we lcome to i ndulge i n t he r i ch cul t ura l h e ri t a ge , pl e nt i ful e nte rt a i n m e nt a m e n i t i e s , u n i q u e at t ra c t i o n s a n d o u t d o o r re c re at i o no pp o r tu nitie s of t hi s bust li ng, albei t lai d-ba ck, ca pi t a l ci t y. Surroun de d by be a ut if u l n at u ra l s et t i n g s a n d a b u n d a nt s u n s h i n e , Au s t i nof fe rs an u np aralleled quali t y of li fe fo r i t s l ow cos t of l i v i n g.9

1 0 0 2 W E S T AV EQUALITY OF LIFEAustin is establishing itself as one of the best cities to live and work. Asthe country’s eleventh largest city, it’s expanding business and overallgrowth has validated Austin as a world leader in a variety of industries.From technology to innovation, energy, workforce development, music,food and culture, it’s easy to see why this city continues to be America’sfavorite stomping ground. With unique programs to create a sustainablecultural and economic environment, Austin’s vitality continues to flourish.Economic data suggests that there is no slowdown in sight for its futuregrowth, positioning this city to leverage its strong educational base andtalented workforce.According to the U.S. Conference of Mayors, Austin is set to be the fastestgrowing large U.S. metro economy through 2020. The biggest economicdevelopment engine is Austin’s high quality of life, attracting smart, creativeand successful individuals. It’s no wonder that its competitive advantageattracts major corporations such as Apple, AT&T, Dell and many others.The city offers something for everyone, including affordable housing, asafe environment, exceptional schools, as well as healthy and attractiveneighborhoods. Austin provides big city amenities at a small town pace.These lifestyle and cultural assets will only continue to grow as Austintakes its place among the world’s leading cities.

#1 forAUSTIN, TXgrowing businesses- F O R BE SBUSINESS CLIMATETexas consistently ranks as one of the nation’s most favorable business climates based on its low tax burden and competitive regulatory environment. Austin’s reputationin key industries such as technology, life sciences and advanced manufacturing has shaped a professional climate that attracts new businesses from all over the world.As a place that has established itself as a world leader of technology, innovation, energy, and workforce development, Austin is a hotbed for creativity and commercethat is spearheading the region’s business expansion and overall growth. Because people want to take advantage of the innovative, entrepreneurial spirit, the capital citycontinues to be a magnet for business, specifically high tech and small business startups.Austin is well-positioned to do business with major markets in the United States and Latin America, allowing it to maintain a global competitive advantage. Consequently,the city also features national and global corporations among a strong network of independent, unique, locally owned firms and organizations.11

1 0 0 2 W E S T AV ETHE UNIVERSITY OF TEXAS AT AUSTINAlso referred to as UT Austin, the University of Texas at Austin is the flagship school of the University of Texas System, which includes nine academic universities and six health institutionsstatewide. Located about one mile from the Texas State Capitol in Austin, this public research university has the seventh-largest single campus enrollment with over 51,000 studentsand 3,000 teaching faculty. More than 100 undergraduate and 170 graduate degrees are available to students as well as dozens of top-ranked programs with a proven record of success.UT Austin continues to expand its facilities on campus and thanks to its proud alumni base of more than 482,000, which includes industry leaders like Michael Dell and Rex Tillerson,entertainers like Oscar-winning actor Matthew McConaughey, Academy Award-winning actress Marcia Gay Harden and film director Robert Rodriguez, as well as journalists’ Bill Moyersand Walter Cronkite. An abiding symbol of the spirit of Texas, the university cultivates economic and social progress as a leading center of knowledge and innovation.15#7482,000124Undergraduate ProgramsRanked in the Top 10 NationallyU.S. Public Colleges-Business First, 2019Alumni Across the WorldCountries Represented by theStudent Body 12what starts here changes the world12

AUSTIN, TXConfidentiality Agreement & DisclaimerThis Offering Memorandum contains select information pertaining to the business and affairs located at 1002 West Ave, Austin, TX78701 (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Offering Memorandum may not be allinclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum isconfidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any otherpurpose or made available to any other person without the written consent of Seller or Matthews Real Estate Investment Services. Thematerial is based in part upon information supplied by the Seller and in part upon financial information obtained from sources it deemsreliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy orcompleteness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto.Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material containedherein and conduct their own due diligence.By acknowledging your receipt of this Offering Memorandum for the Property, you agree:1. The Offering Memorandum and its contents are confidential;2. You will hold it and treat it in the strictest of confidence; and3. You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashionor manner detrimental to the interest of the Seller.Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressionsof interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandumor making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fullyexecuted and delivered.If you wish not to pursue negotiations leading to the acquisition of the Property or in the future you discontinue such negotiations, thenyou agree to purge all materials relating to this Property including this Offering Memorandum.A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information providedherein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement andshall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Matthews Real EstateInvestment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents forany damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property.This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there hasbeen no change in the state of affairs of the Property since the date this Offering Memorandum.

1 0 0 2 W E S T AV E1002 WEST AVEaustin, tx 78701LISTING AGENTSCAMERON NIKROOANDREW IVANKOVICHANDREW GROSSSENIOR ASSOCIATEMARKET LEADERDIR (214) 295-8463MOB (949) 939-4939cameron.nikroo@matthews.comLIC # 694549 (TX)DIR (214) 692-2037MOB (626) 807-3586andrew.ivankovich@matthews.comLIC # 678815 (TX)DIR (214) 295-4511MOB (435) 659-1404andrew.gross@matthews.comLIC # 01987860 (CA)ASSOCIATEKYLE MATTHEWSBROKER OF RECORDLIC # 9005919 (TX)Offering Memorandum 14

AUSTIN, TX11-2-2015Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informaƟon aboutbrokerage services to prospecƟve buyers, tenants, sellers and landlords.TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage acƟviƟes, 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 informaƟon about the property or transacƟon received by the broker; Answer the client’s quesƟons and present any offer to or counter-offer from the client; and Treat all parƟes to a real estate transacƟon 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 wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟesabove and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, includinginformaƟon 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 awriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of anymaterial informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller orseller’s agent.AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩenagreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold orunderlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary: Must treat all parƟes to the transacƟon imparƟally and fairly; May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner andbuyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. Must not, unless specifically authorized in wriƟng to do so by the party, disclose:ᴑ that the owner will accept a price less than the wriƩen asking price;ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; andᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not todisclose, unless required to do so by law.AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent thebuyer. 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 duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon 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 noƟce is being provided for informaƟon purposes. It does not create an obligaƟon foryou to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.Kyle Matthews/Matthews Retail Group Inc.Licensed Broker /Broker Firm Name orPrimary Assumed Business NameKyle MatthewsDesignated Broker of thews@matthews.com (310) 919-5757License No.License No.Email(310) 919-5757PhoneEmailPhoneLicensed Supervisor of Sales Agent/AssociateLicense No.EmailPhoneSales Agent/Associate’s NameLicense No.EmailPhoneBuyer/Tenant/Seller/Landlord InitialsRegulated by the Texas Real Estate CommissionDateInformaƟon available at www.trec.texas.govIABS 1-0

KYLE MATTHEWS BROKER OF RECORD LIC # 9005919 (TX) 1002 WEST AVE austin, tx 78701 CAMERON NIKROO ASSOCIATE DIR (214) 295-8463 MOB (949) 939-4939 cameron.nikroo@matthews.com LIC # 694549 (TX) ANDREW IVANKOVICH SENIOR ASSOCIATE DIR (214) 692-2037 MOB (626) 807-3586 a