M A L L O F A B I L E N E | 4 3 1 0 B U F F A L O G A P R DA B I L E N E , T X

S E A R S B U I L D I N G & L A N D F O R S A L E

B R Y A N C O R N E L I U S B C O R N E L I U S @ V E N T U R E D F W . C O M | C L A Y M O T E C M O T E @ V E N T U R E D F W . C O M

8 2 3 5 D o u g l a s A v eS u i t e 7 2 0D a l l a s , T e x a s 7 5 2 2 5T 2 1 4 . 3 7 8 . 1 2 1 2v e n t u r e d f w . c o m

R E D E V E L O P M E N T P O T E N T I A L

L O C A T I O N

4 3 1 0 B U F F A L O G A P R DA B I L E N E , T X

S I Z E

B U I L D I N G L A N D1 5 3 , 8 0 6 S F 1 1 . 4 A C R E S

T R A F F I C C O U N T S

B U F F A L O G A P R D I - 8 3 3 2 , 5 4 2 V P D 3 4 , 4 4 0 V P D

P R O P E R T Y H I G H L I G H T S

S A L E L E A S E B A C K O P P O R T U N I T Y /R E D E V E L O P M E N T P O T E N T I A L

L A R G E S T S H O P P I N G D E S T I N A T I O N & R E T A I L H U B I N 1 9 - C O U N T Y T R A D E A R E A & T H E O N L Y R E G I O N A L M A L L W I T H I N 8 0 M I L E S .

T H E O I L & G A S I N D U S T R Y R E P R E S E N T S A $ 1 . 2 2 B I L L I O N E C O N O M I C I M P A C T F O R T H E A R E A .

A B I L E N E I S H O M E T O T H R E E M A J O R U N I V E R S I T I E S , T W O T E C H N I C A L C O L L E G E S & T E X A S T E C H U N I V E R S I T Y ’ S S C H O O L O F P H A R M A C Y W I T H C O M B I N E D E N R O L L M E N T O F 1 2 , 5 4 0 .

L O C A T E D 5 M I L E S F R O M D Y E S S A I R F O R C E B A S E , H O M E T O 5 , 0 0 0 M I L I T A R Y / C I V I L I A N S & 8 , 0 0 0 F A M I L Y M E M B E R S & R E T I R E E S , W I T H A T O T A L E C O N O M I C I M P A C T O F $ 4 4 1 . 5 M I L L I O N .

S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X P R O P E R T Y F O R S A L E

2 0 1 7 D E M O G R A P H I C S U M M A R Y

3 M I L E 5 M I L E S M S A

E S T . P O P U L A T I O N 4 9 , 1 1 6 9 8 , 2 7 0 1 6 4 , 6 4 2E S T . D A Y T I M E P O P U L A T I O N 2 6 , 8 6 2 4 9 , 8 2 5 7 5 , 9 4 6E S T . A V G . H H I N C O M E $ 6 5 , 9 7 2 $ 6 2 , 5 4 6 $ 6 4 , 1 5 6

V E N T U R E D F W . C O M B R Y A N C O R N E L I U S B C O R N E L I U S @ V E N T U R E D F W . C O M | C L A Y M O T E C M O T E @ V E N T U R E D F W . C O M

S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X O V E R V I E W A E R I A L

V E N T U R E D F W . C O M B R Y A N C O R N E L I U S B C O R N E L I U S @ V E N T U R E D F W . C O M | C L A Y M O T E C M O T E @ V E N T U R E D F W . C O M

S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X C L O S E - U P A E R I A L

V E N T U R E D F W . C O M B R Y A N C O R N E L I U S B C O R N E L I U S @ V E N T U R E D F W . C O M | C L A Y M O T E C M O T E @ V E N T U R E D F W . C O M

U.S. HWY 83-84 BY-PASS

SOUTH CLACK STREET

(VARIABLE WIDTH R.O.W.)

MALL OF ABILENE SUBDIVISIONCABINET 2, SLIDE 313 B & C

PLAT RECORDS,TAYLOR COUNTY, TEXAS

www.emgcorp.com800.411.2010

SURVEYOR'S CERTIFICATETo Chicago Title Company, and Sear's, Roebuck and Company:

This is to certify that this map or plat and the survey on which it is based were made inaccordance with the 2016 Minimum Standard Detail Requirements for ALTA/NSPS Land TitleSurveys, jointly established and adopted by ALTA and NSPS, and includes Items 1, 2, 3, 4, 6a,6b, 7a, 7b1, 7c, 8, 9, 13, 14, 16, 17, and 20 of Table A thereof.

The field work was completed on October 20, 2017

Date of Plat or Map November 22, 2017

______________________________________Chris Walterscheidt R.P.L.S. NO. 6180

SCHEDULE B-10 EASEMENT NOTES

a. Rights of parties in possession.

b. Intentionally Deleted

c. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together withall rights, privileges, and immunities relating thereto, appearing in the Public Records whether listed inSchedule B or not. There may be leases, grants, exceptions or reservations of mineral interest that are notlisted.

d. Easement, setback lines and other matters as shown on the plat thereof recorded in Cabinet 2, Slide 313B&C, Plat Records of Taylor County, Texas. (affects the subject tract, as shown on survey)

e. Easement to West Texas Utilities Co., recorded in Volume 707, Page 571, Deed Records of TaylorCounty, Texas. (not shown, illegible)

f. Easement to Lone Star Gas Co., recorded in Volume 235, Page 231, Deed Records of Taylor County,Texas, partially released and modified in Volume 1123, Page 137, Deed Records of Taylor County, Texas.(affects the subject tract)

g. Easement to Trust Pipeline Co., recorded in Volume 1128, Page 223, Deed Records of Taylor County,Texas. (not shown, ambiguous description)

h. Royalty Deed dated October 28, 1949, recorded in Volume 527, Page 336, Deed Records of TaylorCounty, Texas. (not survey related)

i. Construction, Operating and Reciprocal Easement Agreement by and between Maill of Abilene Companyand Sears Roebuck & Company, et al, dated December 21, 1977, recorded in Volume 1080, Page 564, DeedRecords of Taylor County, Texas, as modified by First Amendment to Operation Agreement recorded inVolume 1080, Page 490, Deed Records of Taylor County, Texas, and by Second Amendment to OperatingAgreement recorded in Volume 1125, Page 265, Deed Records of Taylor County, Texas; and by ThirdAmendment to Operating Agreement dated August 15, 1994, recorded in Volume 2036, Page 29, OfficialPublic Records of Taylor County, Texas, and re-recorded in Volume 2038, Page 968, Official Public Recordsof Taylor County, Texas. (affects the subject tract)

j. Intentionally Deleted

k. Intentionally Deleted

l. Agreement for Construction of Access Roadways, by and between Mall of Abilene Company, and AbileneVillage, Ltd., recorded in Volume 1291, Page 756, Deed Records of Taylor County, Texas. (affects the subjecttract)

m. Subject to the reservation of a mineral and/or royalty interest described in instrument recorded inVolume 734, Page 212, and Volume 527, Page 336, Deed Records of Taylor County, Texas. Title to saidmineral/royalty interest has not been searched subsequent to the date of said instrument. This policy doesnot insure against any loss sustained by the owner of the surface estate of the properly because of theexercise of the right of ingress or egress and/or any other rights incident to the ownership of said mineralestate. (not a survey matter)

n. Affidavit regarding location of pipeline recorded in Volume 1123, Page 566, Deed Records ofTaylor County, Texas. (affects the subject tract)

o. Affidavit regarding location of pipeline recorded in Volume 1123, Page 559, Deed Records of TaylorCounty, Texas. (affects the subject tract)

p. Memorandum of Lease between SRC Real Estate (TX), LP, a Delaware limited partnership, recorded inVolume 2912, Page 328, Official Public Records of Taylor County, Texas. (affects the subject tract)

q. Rights of tenants in possession, as tenants only, under unrecorded lease agreements

r. Intentionally Deleted

s. Intentionally Deleted

RECORD LEGAL DESCRIPTIONExhibit A

Tract One: (Fee Simple)

Parcel One: A 12.00 acre tract conveyed by Mall of Abilene Company to Sears, Roebuck and Co., being moreparticularly described in EXHIBIT "A" attached hereto and made a part hereof.

SAVE AND EXCEPT a 0.0570 acre tract conveyed by Sears, Roebuck and Co., being more particularly describedin EXHIBIT "A" attached hereto and made a part hereof.

Parcel Two:A 0.570 acre tract conveyed by O'Connor Realty investors, L.P., to Sears Roebuck and Co., being moreparticularly described in EXHIBIT "A" attached hereto and made a part hereof.

Tract Two: (Easement Estate)

Easement Estate Created by Construction. Operation and Reciprocal Easement Agreement, being moreparticularly described in EXHIBIT "B" attached hereto and made a part hereof.

ZONING INFORMATIONZoning District: Retail / Department Store GR/COR General Retail with a Corridor Overlay

Setbacks:Front: 40 FeetSide: 0 Feet / 30 Feet if Abutting ResidentialRear: 0 Feet / 30 Feet if Abutting Residential

Parking Restrictions: 1 space for every 222 square feet of gross lease area

Existing Building Height at highest point: 36 FeetMaximum Building Height permitted: Not to exceed 40 Feet, 2 stories

Existing Square Footage of building(s): 103,738Floor Space Area Restrictions: N/A

Zoning Source: Zoning report prepared by EMG project No.128602.17R000-059.259, dated November 10, 2017

General Survey Notes1. This survey was made in accordance with laws and/or Minimum Standards of the State of

Texas.

2. The basis of bearing for this survey is based upon GPS observations and the TexasCoordinate System, North Central Zone (NAD83), as shown hereon.

3. The property described hereon is the same as the property described in Title CommitmentNo. 3715001153GX with an effective date of August 29, 2017 and that all easements,covenants and restrictions referenced in said title commitment or apparent from a physicalinspection of the site or otherwise known to me have been plotted hereon or otherwisenoted as to their effect on the subject property.

4. Said described property is located within an area having a Zone Designation "X" by theFederal Emergency Management Agency (FEMA), on Flood Insurance Rate Map No. 48441C,with a date of identification of January 6, 2012, for Community No. 0219F, in TaylorCounty, State of Texas, which is the current Flood Insurance Rate Map for the community inwhich said premises is situated.

5. The Property has direct access to U.S. HWY 83-84 By-Pass / South Clark Street, a dedicatedpublic street or highway.

6. The total number of striped parking spaces on the subject property is 758, including 5designated handicap spaces.

7. There is no observed evidence of current earth moving work, building construction orbuilding additions except as shown or noted hereon.

8. There are no proposed changes in street right of way lines, according to City of Abilene.There is no observed evidence of recent street or sidewalk construction or repairs except asshown or noted hereon.

9. There is no observed evidence of site use as a solid waste dump, sump or sanitary landfillexcept as shown or noted hereon.

10. Utility Note: Observed evidence of utilities has been shown pursuant to Section 5Paragraph E (iv) of the ALTA/NSPS Minimum Standard Detail Requirements.

11. No apparent wetlands are located on the subject property according to the U.S. Fish andWildlife Service National Wetlands Inventory located at www.fws.gov/wetlands .

12. The building height, shown hereon, was measured between the highest point of the buildingand the finished floor elevation in the approximate location as depicted on the drawing.

LIST OF POSSIBLE ENCROACHMENTSThe following list of encroachments is only the opinion of this surveyor and should notbe interpreted as complete listing.

"NONE APPARENT"

VICINITY MAPLEGEND OF SYMBOLS:

LAND AREA:12.01 Acres or 522,969 Square Feet

COORDINATED BY:

Sheet No. 1 of 1

No. Date

ALTA/NSPS LAND TITLE SURVEY

SEARS, ROEBUCK & CO.4310 BUFFALO GAP ROAD

STORE NO. 1307ABILENE, TEXAS 79606

REVISIONS

Oklahoma City, OK 73114510 E Memorial Road, Suite A-1

SEARS, ROEBUCK & CO.REMAINDER OF A

CALLED 12.000 ACRESVOL. 1065, PG. 116DEED RECORDS,

TAYLOR COUNTY, TEXAS

EB

ONE O'CONNER PLAZA, 101 W. GOODWIN AVE., SUITE 322VICTORIA, TX 77901 - TX FIRM # 10193814

Survey Prepared By:

JOB NO. 17-1455

LOT 7

LOT 7

O'CONNOR REALTY INVESTORS, LPSAVE & EXCEPT

CALLED 0.570 ACRESVOL. 2033, PG. 527DEED RECORDS,

TAYLOR COUNTY, TEXAS

J.E. S

HEPPARD SURVEY N

O. 96

SEARS, ROEBUCK & CO.CALLED 0.570 ACRES

VOL. 2065, PG. 547DEED RECORDS,

TAYLOR COUNTY, TEXAS

LOT 2

LOT 1

1 11-22-17ADD ZONING REPORT

2 11-22-17ADD ZONING CLASSIFICATION

128602.17R000-059.220_Sears_1307_-_Abilene_TX_ALTA_ver4-Signed

S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X S U R V E Y

V E N T U R E D F W . C O M B R Y A N C O R N E L I U S B C O R N E L I U S @ V E N T U R E D F W . C O M | C L A Y M O T E C M O T E @ V E N T U R E D F W . C O M

S E A R S | M A L L O F A B I L E N E | A B I L E N E , T X C O N T A C T

B R Y A N C O R N E L I U SPrinc ipa l214.378.1212bcornel ius@venturedfw.com

8235 Douglas AveSuite 720Dal las , TX 75225T 214.378.1212venturedfw.com

C L A Y M O T EPrinc ipa l214.378.1212cmote@venturedfw.com

L E A S I N G | T E N A N T R E P R E S E N T A T I O N | L A N D | I N V E S T M E N T S A L E S | P R O P E R T Y M A N A G E M E N T

*The information contained herein was obtained from sources deemed reliable; however, Venture Commercial Real Estate, LLC, makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is subject to errors; omissions; change of price, prior to sale or lease; or withdrawal without notice.

11-­‐2-­‐2015  Information  About  Brokerage  Services  

Texas  law  requires  all  real  estate  license  holders  to  give  the  following  information  about  brokerage  services  to  prospective  buyers,  tenants,  sellers  and  landlords.  

TYPES  OF  REAL  ESTATE  LICENSE  HOLDERS:  • A  BROKER  is  responsible  for  all  brokerage  activities,  including  acts  performed  by  sales  agents  sponsored  by  the  broker.    • A  SALES  AGENT  must  be  supervised  by  a  broker  to  perform  any  services  and  works  with  clients  on  behalf  of  the  broker.    

A  BROKER’S  MINIMUM  DUTIES  REQUIRED  BY  LAW  (A  client  is  the  person  or  party  that  the  broker  represents):  • Put  the  interests  of  the  client  above  all  others,  including  the  broker’s  own  interests;  • Inform  the  client  of  any  material  information  about  the  property  or  transaction  received  by  the  broker;  • Answer  the  client’s  questions  and  present  any  offer  to  or  counter-­‐offer  from  the  client;  and    • Treat  all  parties  to  a  real  estate  transaction  honestly  and  fairly.    

A  LICENSE  HOLDER  CAN  REPRESENT  A  PARTY  IN  A  REAL  ESTATE  TRANSACTION:  • AS  AGENT  OR  SUBAGENT  FOR  OWNER  (SELLER/LANDLORD):    The  broker  becomes  the  property  owner’s  agent  through  an  agreement  with  the  owner,  usually  in  a  written  listing  to  sell  or  

property  management  agreement.  A  subagent  represents  the  owner,  not  the  buyer,  through  an  agreement  with  the  owner’s  broker.  An  owner’s  agent  must  perform  the  broker’s  minimum  duties  above  and  must  inform  the  owner  of  any  material  information  about  the  property  or  transaction  known  by  the  agent,  including  information  disclosed  to  the  agent  or  subagent  by  the  buyer  or  buyer’s  agent.    

• AS  AGENT  FOR  BUYER/TENANT:  The  broker  becomes  the  buyer/tenant’s  agent  by  agreeing  to  represent  the  buyer,  usually  through  a  written  representation  agreement.  A  buyer’s  agent  must  perform  the  broker’s  minimum  duties  above  and  must  inform  the  buyer  of  any  material  information  about  the  property  or  transaction  known  by  the  agent,  including  information  disclosed  to  the  agent  by  the  seller  or  seller’s  agent.    

• AS  AGENT  FOR  BOTH  –  INTERMEDIARY:  To  act  as  an  intermediary  between  the  parties  the  broker  must  first  obtain  the  written  agreement  of  each  party  to  the  transaction.  The  written  agreement  must  state  who  will  pay  the  broker  and,  in  conspicuous  bold  or  underlined  print,  set  forth  the  broker’s  obligations  as  an  intermediary.  A  broker  who  acts  as  an  intermediary:  

• Must  treat  all  parties  to  the  transaction  impartially  and  fairly;    • May,  with  the  parties’  written  consent,  appoint  a  different  license  holder  associated  with  the  broker  to  each  party  (owner  and  buyer)  to  communicate  with,  provide  opinions  and  advice  

to,  and  carry  out  the  instructions  of  each  party  to  the  transaction.    • Must  not,  unless  specifically  authorized  in  writing  to  do  so  by  the  party,  disclose:  

o That  the  owner  will  accept  a  price  less  than  the  written  asking  price;  o That  the  buyer/tenant  will  pay  a  price  greater  than  the  price  submitted  in  a  written  offer;  and  o any  confidential  information  or  any  other  information  that  a  party  specifically  instructs  the  broker  in  writing  not  to  disclose,  unless  required  to  do  so  by  law.    

TO  AVOID  DISPUTES,  ALL  AGREEMENTS  BETWEEN  YOU  AND  A  BROKER  SHOULD  BE  IN  WRITING  AND  CLEARLY  ESTABLISH:  • The  broker’s  duties  and  responsibilities  to  you,  and  your  obligations  under  the  representation  agreement.  • Who  will  pay  the  broker  for  services  provided  to  you,  when  payment  will  be  made  and  how  the  payment  will  be  calculated.    

LICENSE  HOLDER  CONTACT  INFORMATION:  This  notice  is  being  provided  for  information  purposes.  It  does  not  create  an  obligation  for  you  to  use  the  broker’s  services.  Please  acknowledge  receipt  of  this  notice  below  and  retain  a  copy  for  your  records.    

Venture  Commercial  Real  Estate,  LLC   476641   info@venturedfw.com   214-­‐378-­‐1212  Broker’s  Licensed  Name  or  Primary  Assumed  Business  Name   License  No.   Email   Phone  

Michael  E.  Geisler   350982   mgeisler@venturedfw.com   214-­‐378-­‐1212  Designated  Broker’s  Name   License  No.   Email   Phone  

XXXXXXXXXXXXXXXXXXXXXXXXXX   XXXXXXXXXXXX   XXXXXXXXXXXXXXXXXXXXXXXXXXXXX   XXXXXXXXXXXX  Agent’s  Supervisor’s  Name   License  No.   Email   Phone  

Bryan  Cornelius   401088   bcornelius@venturedfw.com   214-­‐378-­‐1212  Sales  Agent/Associate’s  Name   License  No.   Email   Phone  

     Buyer/Tenant/Seller/Landlord  Initials     Date  

Regulated  by  the  Texas  Real  Estate  Commission                     Information  available  at  www.trec.texas.gov