Briarwyck 751 lots. Premium Waters, Inc. Traffic Counts 31,673 on SH 170. Traffic Counts 17,580 on US 377 CHRYSLER FINANCIAL SERVICES

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1 Chadwick Farms 782 lots Briarwyck 751 lots Highlands at Trophy Club 1,600 lots Alliance Gateway Current Employment 15,100 Roanoke Trophy Club Blue Cross Blue Shield Data Center 130 employees Summer 2009 Premium Waters, Inc. Fidelity Investments 6,000 employees The Ranches 1,527 lots Traffic Counts 31,673 on SH 170 SUBJECT SITE 40,000 visitors annuallly Saratoga 814 lots PROPOSED Traffic Counts 17,580 on US 377 Timberland Brand New - Corporate - Majestic Fine Wines & Spirits CHRYSLER FINANCIAL SERVICES Marshall Ridge 890 lots Westlake, TX Dallas - Ft. Worth MSA 3 MILE DEMOGRAPHICS Population: 33, ,000+ Daytime Growth: 300% since 2000 census 25% over the last 12 months Income: 94,000+ $3,261,000 / 9% CAP 20-Year Absolute NNN Lease 10% Rental Increases Every 5-Years Corporate Lease: 48 TX Locations Founded in 1942 $148M Sales Majestic s 12,000 SF Super Store Concept Seasoned Management Team Nearly Doubled Sales From #2 Retail Beverage Store Chain in TX #1 Avg. Sales Per Store in TX Exclusive Listing Agent: Joe Caputo (415) joe@exp1031.com Closest Package Liquor Store for Westlake, Keller, Southlake & Roanoke Adjacent to Home Depot, Safeway, Chrysler Financial, Blue Cross Data Center, Alliance Gateway and Dozens of Other Employers Avg. HH Income (3-Miles): $92,467 - Source: 2008 US Census Data EXP REALTY ADVISORS HQ: 118 East 28th Street #808 New York NY T: (212) F: (212)

2 Purchase Price: $3,261,000 CAP Rate: 9% Lease Term: 20 Years Building Area: +/- 12,000 SF Land Area: +/ Acres Lease Type: Absolute NNN Occupancy: 100% EXP Realty Advisors, as exclusive agent, is pleased to present for sale a brand new single tenant Majestic Fine Wines & Spirits super store in Westlake, Texas. The subject property consists of a +/- 12,000 SF stand alone building on approximately 1.35 acres and strategically located at the northwest corner of US Highway 377 and State Highway 170 providing direct access to neighboring cities which do not allow alcohol sales. This offering gives investors the unique opportunity to own an investment property leased to a well established (recession proof) tenant for 20 years with rental increases and virtually no landlord responsibility. Investment Highlights Brand New Construction Oct Opening Site To Be Purchased and Developed By Majestic - Currently Under Contract With Land Owner Seasoned Mgt. Team Nearly Doubled Sales From Super Store: Fine Wines, Humidor, 40+ Door Beer Display May Town of Westlake Voted to Allow Alcohol Sales Closest Package Liquor Store for the Cities of Westlake, Keller, Roanoke and Southlake Adjacent to Texas Motor Speedway & Alliance Airport Representative Photo Addison, TX Location COPYRIGHT ALL USE, DISCLOSURE AND/OR REPRODUCTION NOT SPECIFICALLY AUTHORIZED IS PROHIBITED. ALL RIGHTS RESERVED. EXP Realty Advisors ( Agent ) has presented this confidential Investment Memorandum to assist the recipient in evaluating the Property and it is intended for your use only. This confidential material contains brief, selected information pertaining to the Property and shall not be considered all-inclusive or unchanged since the date of preparation. No warranty as to the accuracy or completeness is expressed or implied. The information has been received from sources believed to be reliable but is not guaranteed. Agent disclaims all liabilities in connection with any inaccuracies or incompleteness. The Buyer should independently verify each item of information and have the same reviewed by its tax advisor and/or legal counsel. The Buyer agrees that (a) the materials are of a highly confidential nature and will be held in the strictest confidence or shall be returned to Agent upon request; (b) the Buyer shall not contact any property manager, employee or tenant of the Property regarding the enclosed materials or the Property, without prior approval of Agent; and (c) the Buyer understands and agrees that Agent represents the seller and not the Buyer. Neither the seller nor Agent shall have any obligation to pay any commission, finder s fee, or other compensation to any broker or other person dealing with the Buyer. The Buyer may provide information to persons retained for the purpose of evaluating the Property after first obtaining a signed confidentiality agreement from such persons to keep such information confidential. The Buyer shall defend, indemnify and hold harmless the seller, Agent and its affiliates from and against any claims, demands, damages, liabilities, costs or expenses, including reasonable attorneys fees, relating to any claim for a commission, finder s fee or other compensation by any broker or other person dealing with the Buyer. The Property is being sold on an as-is, where-is and with all faults basis.

3 LEASE OVERVIEW: Tenant: Lease Term: Options: Base Rent: Increases: Majestic Liquor Stores, Inc. Twenty (20) Years 4 - Five (5) Year Options $293,484 / Year 10% - Every Five (5) Years, Including Options Lease Type: Absolute NNN Tenant Pays All Taxes, Insurance and Maintenance to Include Roof and Structure TENANT OVERVIEW: Founded: 1942 Headquarters: Ft. Worth, TX Locations: 48 Majestic Liquor Stores, Inc. Website: Revenue: $148 Million (April 2009 TTM) Majestic Liquor Stores, Inc. is the second largest chain of retail beverage stores with the highest average unit volumes in the State of Texas. Founded in 1942, the company now operates 48 locations. During 2005 the chain began a program of expansion into other markets through the acquisition of Fat Dog Beverage Stores in Coffee City and the purchase of five stores from Red Coleman in Dallas and Addison. Majestic topped off 2005 with construction of a large modern store in Granbury, Texas. In 2006 Majestic entered the Austin, Texas market with acquisition of the Grape Vine Market. Experienced management and leadership is one of Majestic s principal competitive advantages. The team consists of seasoned talent whose collective 90 years of experience includes engineering, industrial management, retail operations, insurance and real estate. In addition, the management team possesses the proven ability to successfully run large operations in multiple markets and to profitably manage various aquisitions in order to deliver world-class results. Management has consistently demonstrated its ability generate levels of cash flow that provide an attractive platform for investment. Management has grown revenue from approximately $80 million in 2006 to approximately $148.5 million as of the trailing twelve months ended in April The company poses the market position, financial stability and magement experience required to grow revenue through the implementation of several existing opportunities. Majestic Liquor Stores, Inc s top opportunites for growth include: (1) organic growth; (2) building new stores from the ground up; and (3) aquisitions. This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information an bears all risk for any inaccuracies.

4 Representative Photo Highland Village, TX Checkout Similar Super Store Concept

5 LOCATION OVERVIEW: Town of Westlake, TX Immediate Trade Area The town of Westlake, Texas is a rapidly growing town that straddles northern Tarrant and southern Denton County, in north Texas, and is surrounded by the cities of Fort Worth, Keller, Southlake, Roanoke and other smaller commuinities. The town sits just east of Alliance Airport and the Texas Motor Speedway, which are in the heart of the northern Tarrant County growth corridor. In 1988, Maguire Partners opened a major corporate campus for IBM in the eastern part of the Town. Designed by internationally acclaimed Mexican architect, Ricardo Legorreta, and known as Solana, it established a high standard for future development. In the nineties, Fidelity Investments built its regional headquarters campus in the central part of Westlake, and Daimler Chrysler added its corporate campus on the west side. GlenWyck Farms and Vaquero soon followed with quality residential communities. In May 2009, Westlake held a local option election to allow the sale of all alcohol, including spirits for off-premise consumption. Majestic immediately placed a strategically located site under contract to purchase, with the intent of building a 12,000 square foot super store at the intersection of U.S. Highway 377 and State Highway 170. This location will be the closest package liquor store for residents of Westlake, Keller, Southlake, Roanoke and other high-income communities. In addition, new residential communities are springing up in the area, and as the area continues to grow the store will serve the new residents. Dallas-Fort Worth Metroplex The Dallas/Fort Worth Combined Statistical Area is made up of 19 counties and has one of the highest concentrations of corporate headquarters in the United States. American Airlines is the largest employer in the Metroplex. Several major defense manufacturers, including Lockheed Martin, Bell Helicopter Textron, and Raytheon, maintain significant operations in the Metroplex. ExxonMobil, the #1 corporation on the Fortune 500 listings, is also headquartered here. In July 2009, six (6) cities in the Dallas-Fort Worth Metroplex made the Forbes America s 25 Best Places to Move list: Flower Mound (No. 6), Frisco (No. 7), McKinney (No. 9), Carrollton (No. 12), Allen (No. 19), and Plano (No. 25) Demographic Snapshot CATAGORY 3 MILE 5 MILE 7 MILE Ft. Worth TX Skyline Population 24,272 88, ,549 Households 7,657 28,040 96,198 Average HH Income $92,467 $100,740 $110,440 Median HH Income $79,726 $87,030 $96,198 Median Disposable Income $69,381 $73,992 $80,687 Owner Occupied Housing 74.8% 76.8% 79.5% Median Age Employment Rate 96.9% 97.4% 97.4% Drive to Work (Alone) 83.3% 84.0% 85.0% White Collar Occupation 68.0% 75.2% 72.5% Source: Demographics Now September 2009 This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information an bears all risk for any inaccuracies.

6 EXISTING DEBT: MUST BE ASSUMED Location Maps