318 E STATE HIGHWAY 152 Mustang OK 73064-4404

a single tenant net leased Verizon Wireless property located in the Oklahoma City MSA,

approximately 15 miles west of downtown Oklahoma City. The property is located in a retail

corridor within a dense residential community. The property is brand new construction

and has excellent street-front visibility. Verizon Wireless has 9-Years remaining on the

lease which expires February 28, 2027. The lease features a 10 percent rent bump in 2022

and in each of the two 5-year renewal option periods.

Verizon Wireless provides wireless services to over 130 million subscribers making it the

largest wireless telecommunications provider in the United States. Verizon Wireless is a

wholly owned subsidiary of Verizon Communications, a publicly traded company on the

New York Stock Exchange using the symbol “VZ”. The Verizon Wireless lease is guaranteed

by Cellular Sales of Knoxville, the largest Verizon Wireless retailer in the United States with

more than 600 stores.

The 2,400 square-foot property is located along State Highway 152, the primary east-west

thoroughfares in Mustang, OK. State Highway 152 experiences traffic counts of 23,000

vehicles per day. Retailers located in the area include Walmart Supercenter, Lowe’s Home

Improvement, CVS Pharmacy, Walgreens, O’Reilly Auto Parts, NAPA Auto, Tractor Supply

and a number of national quick service restaurants. The property is also located within close

proximity to multiple residential communities, local businesses, and schools. Mustang

High School, Mustang Middle School and Mustang Elementary School are located roughly

one mile from the property. The Oklahoma National Guard headquarters and St. Anthony

Healthplex Mustang, a fully licensed freestanding Emergency care hospital, are located

less than one-quarter mile from the property. There are over 56,269 people living within a

five mile radius of the property earning an average household income of $86,000 per year.

• Single tenant net leased Verizon Wireless property located in Mustang, Oklahoma, approximately 15 miles west of downtown Oklahoma City.
• Brand new construction (2017)
• The 10-year lease term commenced in February 2017 and features a 10% rent escalation in the 6th year of the initial term and in each renewal period.
• Verizon Wireless provides a wireless services to over 130 million subscribers making it the largest wireless telecommunications provider in the United States. Verizon Wireless is a wholly owned subsidiary of Verizon Communications, a publicly traded company on the New York Stock Exchange under the symbol “VZ”.
• The Verizon Wireless lease is guaranteed by Cellular Sales of Knoxville, the largest Verizon Wireless retailer in the United states with more than 600 stores. Cellular Sales of Knoxville exceeds $1 billion in revenues annually, 19 consecutive years of annual growth.
• High growth area: The population within a 5-mile radius of the property has grown 32% in the last 5 years and is expected to grow another 13% through 2023.
• Exceptional visibility along State Highway 152, the primary east-west thoroughfare in Mustang.
• Retailers located in the immediate area include Walmart Supercenter, Lowe’s Home Improvement, CVS Pharmacy, Walgreens, O’Reilly Auto Parts, NAPA Auto, Tractor Supply, and a number of quick service restaurants.
• There are more than 56,269 people living within a five-mile radius of the property earning an average household income of more than $86,000.

Verizon Wireless provides wireless services to over 130 million subscribers making it the largest wireless telecommunications provider in the United States. Verizon Wireless is a wholly owned subsidiary of Verizon Communications, a publicly traded company on the New York Stock Exchange using the symbol “VZ”. The Verizon Wireless lease is guaranteed by Cellular Sales of Knoxville, the largest Verizon Wireless retailer in the United States with more than 600 stores.

The 2,400 square-foot property is located along State Highway 152, the primary east-west thoroughfares in Mustang, OK. State Highway 152 experiences traffic counts of approximately 23,000 vehicles per day. Retailers located in the area include Walmart Supercenter, Lowe’s Home Improvement, CVS Pharmacy, Walgreens, O’Reilly Auto Parts, NAPA Auto, Tractor Supply and a number of national quick service restaurants. The property is also located within close proximity to multiple residential communities, local businesses, and schools. Mustang High School, Mustang Middle School and Mustang Elementary School are located roughly one mile from the property. The Oklahoma National Guard headquarters and St. Anthony Healthplex Mustang, a fully licensed freestanding Emergency care hospital, are located less than one-quarter mile from the property. There are over 54,425 people living within a five mile radius of the property earning an average household income of $88,228 per year.

• Single tenant net leased Verizon Wireless property located in Mustang, Oklahoma, approximately 15 miles west of downtown Oklahoma City.

• Brand new construction (2017)

• The new 10-year lease term commenced in February 2017 and features a 10% rent escalation in the 6th year of the primary term and in each renewal period.

• Verizon Wireless provides a wireless services to over 130 million subscribers making it the largest wireless telecommunications provider in the United States. Verizon Wireless is a wholly owned subsidiary of Verizon Communications, a publicly traded company on the New York Stock Exchange under the symbol “VZ”.

• The Verizon Wireless lease is guaranteed by Cellular Sales of Knoxville, the largest Verizon Wireless retailer in the United states with more than 600 stores. Cellular Sales of Knoxville exceeds $1 billion in revenues annually, 19 consecutive years of annual growth.

• High growth area: The population within a 5-mile radius of the property has grown 32% in the last 5 years and is expected to grow another 13% through 2023.

• Exceptional visibility along State Highway 152, the primary east-west thoroughfare in Mustang.

• Retailers located in the immediate area include Walmart Supercenter, Lowe’s Home Improvement, CVS Pharmacy, Walgreens, O’Reilly Auto Parts, NAPA Auto, Tractor Supply, and a number of quick service restaurants.

• There are more than 55,000 people living within a five-mile radius of the property earning an average household income of more than $88,000