Property Name

TOCA Football Training Center - Carrollton, TX

GLA 52,000 SF

Property Description

▪ Rare, Large DFW Leasehold: 32 Acres off George W. Bush Turnpike Leased from The City of Carrollton through 2065; Includes Two (2), Separate 13-Year NNN Subleases

▪ Includes 52,000 SF Indoor Soccer Facility (Subleased to TOCA through 2037); and 27 Acres Subleased to BVB International Academy America (BVB Portion Includes 2 Buildings and 6 Lighted Soccer Fields), Also Through 2037 (BVB Lease is a Proposed SLB)

▪ 7.25% Year 1 Cap Rate on Sublease Income

▪ Low Ground Rent Payment of Only $2,500 per Month on Entire 32 Acres through 2065; 100% of Ground Rent Currently Passed Through to Sub-Tenants
▪ Densely Populated, High-Income Area within the Fastest Growing Metroplex in the U.S: 326,000 Avg. Daily Population and Average Household Income of $122,000 within 5-Mile Radius

▪ Future Redevelopment Opportunity: TOCA (4.61 Acres + Large Building) has Options through 2047; BVB International Academy America (27.32 Acres + 2 Smaller Buildings) is a New Sale-Leaseback with Negotiable Lease Terms

▪ The City of Carrollton, Having Originally Approached the Developer to Develop the Property for Family Sports Use, Has Expressed Enthusiastic and Continued Support