Investment Opportunity

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1 New 20 Year Wells Fargo Bank Ground Lease Dallas / Ft. Worth MSA At Lake Prairie Towne Crossings Anchored by Super Target & Home Depot Intersection of State Highway 360 and Camp Wisdom Road- Grand Prairie, TX Property Summary: This ground leased fee interest consists of 1.52 acres on which the tenant constructed a 5,000 sf sf building. This property is is a pad site to to the newly developed Lake Prairie Towne Crossings, a 584,425 sf sf Super Target, Home Depot and 24 Hour Fitness anchored shopping center. Other tenants in in the center include, Marshalls, Petco, Ross Dress For Less, Chick-Fil-A and McDonald s among others. The property fronts the intersection of West Camp Wisdom Rd. and SH 360 (Watson Rd.) with traffic counts of approximately 34,690 vpd. Population has increased 8.4% annually between 1990 and 2007 and is is expected to to grow 3.8% annually from 2007 to to2012 within a 3 mile radius. Grand Prairie is is located approximately 17 miles south west of Dallas and 17 miles south east of Fort Worth, both of which downtown business districts are within a ½ hour drive. Price and Cap: We offer this property at at $2,272,700 which is is a 5.5% cap rate on NOI of $125,000. In addition to to the Wells Fargo, the Chase Bank and Chili s ground leases are for sale at at this center. Individual marketing packages can be found at at Tenant: Wells Fargo & Co. (NYSE: WFC / S&P: AA+) Wells Fargo & Co., through its subsidiaries, operates as a financial services company in in the United States in in three segments: Community Banking, Wholesale Banking, and Wells Fargo Financial. Community Banking segment offers deposit products, including checking accounts, savings deposits, market rate accounts, retirement accounts, time deposits, and debit cards; and loan products comprising lines of credit, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, and credit cards. This segment also provides receivables and inventory financing, equipment leases, real estate financing, small business financing, venture capital financing, cash management, payroll services, retirement plans, health savings accounts, merchant payment processing, and securities brokerage. Wholesale Banking segment provides a range of commercial, corporate, and real estate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, mezzanine financing, high-yield debt, international trade facilities, foreign exchange services, treasury management, investment management, institutional fixed income sales, interest rate, commodity and equity risk management, online products, insurance, investment banking, and mortgage brokerage services. Wells Fargo Financial segment comprises consumer finance operations that make direct consumer and real estate loans to to individuals and purchase sales finance contracts from retail merchants; and auto finance operations. This segment also provides credit cards and lease, and other commercial financing services. As of December 31, 2007, the company operated 5,964 branches and 6,900 ATMs. Lease Summary: Term: 20 years Rent: $125,000 ($14.97 psf) Escalations: 10% escalations every 5 years Rent Commence: 6/4/2007 Expiration Date: 6/30/2027 Options: 4 (5) year options with 10% escalations at at beginning of each option. Lease Type: This is is an absolute triple net ground lease. The tenant constructed and paid for the building. Upon lease expiration, ownership of the building reverts to to the owner of the land. Landlord has absolutely no maintenance, repair or replacement responsibility for the building or land, such responsibility being solely that of the tenant. Tenant pays to to the owner of the shopping center $0.04 per sq ft ft of land annually for common element maintenance. Tenant pays taxes and insures the property at at no cost to to landlord.

2 Aerial photograph of subject property June 2008

3 Aerial photograph of subject property June 2008 June 2008

4 PROPOSED VAN V V EXISTING VAN VAN Kimco Exchange Place is a subsidiary of Kimco Realty Corporation. Hwy 360 Frontage Rd. PAD Acres Wells Fargo 5000sf Chase Bank 4200sf Magna Carta Blvd Doryn Rd. 5860sf 3000sf W E S T C O V E W A Y TREASURE WAY COMAL DRIVE CONCHO LANE JERETT DRIVE BOSQUE ROAD Wells Fargo 5000sf PAD Acres Chase Bank 4200sf 5200sf Garden Center 34,760sf 4/9/08 SP-4 17,500sf Bank 4400sf 3300sf 3300sf 29,927sf Developer's Parcel SHOPS D 20,000 sf 15,257 sf 30,000 sf 10,000 sf RETAIL F1 Available 2500sf Available 2963sf Elite Spa 2000sf Mattress Firm 3800sf Juice it Up 1200sf Quiznos 1513sf Fed Ex Kinkos 1650sf Retail F2 Clearvision Eyecare 2079sf Avail. 2160sf Avail. 3197sf Methodist Church 5634sf Avail. 2584sf Urgent Care 3146sf Avail. 1854sf Instinktive 1400sf Retail B Sally Beauty 1600sf Avail. 3722sf Art & Frame 2002sf Great Clips 1200sf Avail. 4475sf Avail. 2580sf Avail. 1600sf Avail. 5000sf 7000sf 3000sf Retail E Avail. 1065sf Avail. 1935sf Avail. 2032sf Avail. 2130sf Avail. 2118sf Avail. 3188sf Avail. 2502sf Retail A Retail C Retail E Dental One 2560sf Super Cuts 1360sf Baskin Robbins 1658sf Available 1735sf Hwy 360 (Future) Available 1065sf On the Border 4015sf 8524sf Retail A2 Chili's 5811sf PAD Acres Restaurant Restaurant Retail Pad ac Restaurant PAD Acres Detention Area ± 1.00 ac NTB PAD Acres PAD Acres PAD Acres Detention Area 5.83 ac PAD Acres PAD ac PAD Acres Books A Million (In Neg.) Retail A Major Anchor 1 173,890sf 28,042sf Major Anchor 2 102,862sf 3300sf Dollar Tree Retail B Camp Wisdom Rd. Retail D a Carta Road PAD Acres

5 Site plan of shopping center Kimco Exchange Place is a subsidiary of Kimco Realty Corporation. McDonald s Multi-Tenant Retail

6 Photographs of subject property June 2008

7 Photographs of the shopping center June 2008

8 Subject Property Subject Property

9 30 Minute Drive Time

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12 DEMOGRAPHIC PROFILE 2000 Census, 2007 Estimates & 2012 Projections Calculated using Proportional Block Groups Lat/Lon: / May mi radius 5.00 mi radius 7.00 mi radius MARITAL STATUS RACE INCOME & SEX AGE HOUSEHOLDS POPULATION 2007 Estimated Population 74, , , Projected Population 88, , , Census Population 50, , , Census Population 30, , ,484 Historical Annual Growth 1990 to % 6.2% 4.1% Projected Annual Growth 2007 to % 3.0% 2.4% 2007 Est. Households 22,529 69, , Est. Households 26,209 77, , Census Households 16,060 54, , Census Households 9,709 36,841 83,372 Historical Annual Growth 1990 to % 5.2% 3.3% Projected Annual Growth 2007 to % 2.5% 1.8% 2007 Population 0 to 9 Years 19.7% 19.4% 18.4% 2007 Population 10 to 19 Years 15.9% 15.4% 15.5% 2007 Population 20 to 24 Years 5.2% 5.9% 6.6% 2007 Population 25 to 44 Years 36.1% 34.4% 32.1% 2007 Population 45 to 59 Years 16.9% 17.3% 18.0% 2007 Population 60 to 74 Years 4.9% 5.9% 7.1% 2007 Population 75 Years Plus 1.3% 1.6% 2.3% 2007 Est. Median Age Male Population 50.0% 50.1% 50.3% 2007 Female Population 50.0% 49.9% 49.7% Married Base (15yrs+) 52, , ,917 Never Married 20.7% 23.2% 24.9% Now Married 65.7% 61.2% 57.9% Separated, Divorced or Widowed 13.6% 15.5% 17.2% Households with Kids 58.2% 53.9% 50.4% Average Household Size Est. HH Income $200,000 or More 2.5% 2.5% 3.1% 2007 Est. HH Income $150,000 to 199, % 4.7% 4.5% 2007 Est. HH Income $100,000 to 149, % 18.3% 16.1% 2007 Est. HH Income $75,000 to 99, % 20.8% 17.3% 2007 Est. HH Income $50,000 to 74, % 23.2% 22.1% 2007 Est. HH Income $35,000 to 49, % 12.8% 13.5% 2007 Est. HH Income $25,000 to 34, % 7.3% 8.5% 2007 Est. HH Income $15,000 to 24, % 5.5% 7.1% 2007 Est. HH Income $0 to 14, % 4.8% 7.8% 2007 Est. Average Household Income $68,383 $62,746 $60, Est. Median Household Income $80,392 $72,004 $66, Est. Per Capita Income $20,865 $19,939 $19,928 Number of Businesses 898 4,488 10,489 Total Number of Employees 11,176 51, , Estimated Population 74, , , Est. White Population 58.8% 58.6% 61.0% 2007 Est. Black or African American 19.8% 18.6% 16.4% 2007 Est. American Indian & Alaska Native 0.4% 0.5% 0.5% 2007 Est. Asian & Pacific Islander 9.4% 9.0% 7.0% 2007 Est. Two or more and Other Races 11.6% 13.3% 15.0%