Rockwall Commons

Investment Overview

The acquisition of Rockwall Commons offers an investor built-in market rent growth, stable occupancy, and a bestin-class office location in a one of the highest demographic areas of DFW.

The property has been fully occupied for 7 years. The lead tenant (60% of NRA) has been an occupant since 2011 and recently renewed its lease for 5 years. Other tenants do not have renewal options which affords more expansion opportunities for the lead tenant, greatly increasing the probability of its long term expansion and occupancy.

Area Overview

The Rockwall office submarket contains 2.2 million square feet of office space. Demand is robust with 8.2% vacant, well below the overall DFW market.

Highlights

• Stable income, 100% occupied

• Ample underground parking, reserved & unreserved

• In place rents $25.86 + E, Rockwall Submarket rents average $30.72

• Consistent positive submarket absorption

• Submarket rent growth projected to outperform DFW area

• Views of Lake Ray Hubbard

• Robust demographics

• “A” rated school district