1. Offering Memorandum
DICKER PLAZA
1901 W Dicker Dr • Pharr, TX 78577

2. NON-ENDORSEMENT AND DISCLAIMER NOTICE
Confidentiality and Disclaimer
(512)
Non-Endorsement Notice
Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporations logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.
PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.
DICKER PLAZA
Pharr, TX
ACT ID Y

3. 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 sponsored by a broker 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 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. 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:
that the owner will accept a price less than the written asking price;
that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
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.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
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.
Licensed Broker /Broker Firm Name or Primary Assumed Business Name
License No.
Phone
Designated Broker of Firm
Licensed Supervisor of Sales Agent/Associate
Sales Agent/Associate’s Name
Buyer/Tenant/Seller/Landlord Initials
Date
Regulated by the Texas Real Estate Commission
Information available at
IABS 1-0

4. INVESTMENT OVERVIEW 01 FINANCIAL ANALYSIS 02 MARKET OVERVIEW 03
DICKER PLAZA
TABLE OF CONTENTS
SECTION
INVESTMENT OVERVIEW 01
Offering Summary
Regional Map
Local Map
Aerial Photo
FINANCIAL ANALYSIS 02
Tenant Summary
Lease Expiration Chart
Operating Statement
Notes
Pricing Detail
Acquisition Financing
MARKET OVERVIEW 03
Demographic Analysis

5. DICKER PLAZA
INVESTMENT
OVERVIEW

6. # DICKER PLAZA EXECUTIVE SUMMARY OFFERING SUMMARY MAJOR EMPLOYERS
VITAL DATA
YEAR 1
YEAR 2
Price
$1,090,000
CAP Rate
7.97%
8.13%
Loan Amount
$763,000
Net Operating Income
$86,822
$88,573
Loan Type
Proposed New
Net Cash Flow After Debt Service
10.51% / $34,358
11.04% / $36,109
Interest Rate / Amortization
4.80% / 25 Years
Total Return
15.46% / $50,551
16.24% / $53,096
Gross Leasable Area (GLA)
7,252 SF
Price/SF
$150.30
Current Occupancy
85.71%
Year Built / Renovated
2016
Lot Size
0.64 acre(s)
MAJOR EMPLOYERS
EMPLOYER
# OF EMPLOYEES
TST NA Trim Llc
3,000
Panasonic Industrial Devices
2,800
South Texas Health System
2,516
Retama Mnor Nrsing Cntr/Mcllen
1,861
Johnson Controls
900
TRW Automotive Inc
750
McAllen P&Rs Service Center
575
Lenix Office & Gen Sups LLC
500
West Corporation
ITW EF&c Mexico- US Trading
459
Cinch Connectors
350
County of Hidalgo
310
DEMOGRAPHICS
1-Miles
3-Miles
5-Miles
2017 Estimate Pop
10,407
43,256
86,527
2010 Census Pop
9,702
38,427
77,753
2017 Estimate HH
2,369
10,183
24,102
2010 Census HH
2,205
8,994
21,373
Median HH Income
$24,429
$29,634
$34,916
Per Capita Income
$8,313
$10,011
$15,477
Average HH Income
$36,523
$42,489
$55,354
MAJOR TENANTS
TENANT
GLA
LEASE EXPIRATION
LEASE TYPE #

7. DICKER PLAZA INVESTMENT OVERVIEW OFFERING SUMMARY
Healthcare is huge asset in this area with the population continuously growing many people are drawn to the multitude of jobs offered. This includes but is not limited to the many hospitals such as Rio Grande Regional Hospital, McAllen Medical Center and McAllen Heart Hospital.
Strategically Located Off of Major Thoroughfare of Jackson Road
INVESTMENT HIGHLIGHTS

8. DICKER PLAZA PROPERTY SUMMARY OFFERING SUMMARY THE OFFERING Property
Price
$1,090,000
Property Address
1901 W Dicker Dr, Pharr, TX
SITE DESCRIPTION
Year Built/Renovated
2016
Gross Leasable Area
7,252 SF
Lot Size
0.64 acre(s)
PROPOSED FINANCING
First Trust Deed
Loan Amount
$763,000
Loan Type
Proposed New
Interest Rate
4.80%
Amortization
25 Years
Loan Term
10 Years
Loan to Value
70%
Debt Coverage Ratio
1.65

9. DICKER PLAZA
REGIONAL MAP

10. DICKER PLAZA
LOCAL MAP

11. DICKER PLAZA
AERIAL PHOTO

12. DICKER PLAZA
FINANCIAL
ANALYSIS

13. DICKER PLAZA
TENANT SUMMARY
FINANCIAL ANALYSIS

14. DICKER PLAZA
TENANT SUMMARY
FINANCIAL ANALYSIS 12

15. DICKER PLAZA
OPERATING STATEMENT
FINANCIAL ANALYSIS

16. DICKER PLAZA
PRICING DETAIL
FINANCIAL ANALYSIS

17. MARCUS & MILLICHAP CAPITAL CORPORATION CAPABILITIES WHY MMCC?
DICKER PLAZA
ACQUISITION FINANCING
MARCUS & MILLICHAP CAPITAL CORPORATION CAPABILITIES
MMCC—our fully integrated, dedicated financing arm—is committed to providing superior capital market expertise, precisely managed execution, and unparalleled access to capital sources providing the most competitive rates and terms.
We leverage our prominent capital market relationships with commercial banks, life insurance companies, CMBS, private and public debt/equity funds, Fannie Mae, Freddie Mac and HUD to provide our clients with the greatest range of financing options.
Our dedicated, knowledgeable experts understand the challenges of financing and work tirelessly to resolve all potential issues to the benefit of our clients.
WHY MMCC?
Optimum financing solutions to enhance value
Our ability to enhance buyer pool by expanding finance options
Our ability to enhance seller control
Through buyer qualification support
Our ability to manage buyers finance expectations
Ability to monitor and manage buyer/lender progress, insuring timely, predictable closings
By relying on a world class set of debt/equity sources and presenting a tightly underwritten credit file
Closed 1,707 debt and equity financings in 2017
National platform operating
within the firm’s brokerage offices
$5.63 billion total national volume in 2017
Access to more capital sources than any other firm in the industry

18. DICKER PLAZA
MARKET
OVERVIEW

19. PROPERTY NAME DICKER PLAZA DEMOGRAPHICS MARKETING TEAM
Created on October 2018
DEMOGRAPHICS
MARKETING TEAM
POPULATION
1 Miles
3 Miles
5 Miles
2022 Projection
Total Population
12,243
49,322
96,317
2017 Estimate
10,407
43,256
86,527
2010 Census
9,702
38,427
77,753
2000 Census
5,704
22,238
51,828
Current Daytime Population
4,804
32,827
98,837
HOUSEHOLDS
Total Households
2,878
12,077
27,561
2,369
10,183
24,102
Average (Mean) Household Size
4.29
4.11
3.51
2,205
8,994
21,373
1,188
4,867
13,922
Occupied Units
2,495
10,793
27,132
HOUSEHOLDS BY INCOME
$150,000 or More
1.39%
1.94%
4.95%
$100,000 - $149,000
2.47%
4.50%
6.50%
$75,000 - $99,999
4.23%
6.47%
7.77%
$50,000 - $74,999
12.31%
14.33%
15.43%
$35,000 - $49,999
17.58%
15.33%
15.26%
Under $35,000
62.04%
57.42%
50.09%
Average Household Income
$36,523
$42,489
$55,354
Median Household Income
$24,429
$29,634
$34,916
Per Capita Income
$8,313
$10,011
$15,477
HOUSEHOLDS BY EXPENDITURE
1 Miles
3 Miles
5 Miles
Total Average Household Retail Expenditure
$38,079
$43,383
$48,993
Consumer Expenditure Top 10 Categories
Housing
$10,790
$11,942
$13,369
Transportation
$8,556
$9,496
$10,215
Shelter
$5,806
$6,375
$7,064
Food
$4,324
$4,926
$5,444
Utilities
$2,920
$3,181
$3,456
Health Care
$2,293
$2,677
$3,286
Personal Insurance and Pensions
$2,232
$2,848
$3,541
Entertainment
$1,224
$1,451
$1,763
Household Furnishings and Equipment
$1,039
$1,196
$1,450
Apparel
$1,012
$1,137
$1,260
POPULATION PROFILE
Population By Age
2017 Estimate Total Population
10,407
43,256
86,527
Under 20
43.34%
40.99%
36.43%
20 to 34 Years
20.68%
20.52%
20.38%
35 to 39 Years
7.09%
6.95%
6.70%
40 to 49 Years
11.19%
11.97%
11.71%
50 to 64 Years
11.14%
11.89%
13.02%
Age 65+
6.57%
7.69%
11.76%
Median Age
23.86
25.64
29.66
Population 25+ by Education Level
2017 Estimate Population Age 25+
5,034
21,998
48,482
Elementary (0-8)
28.83%
23.15%
19.64%
Some High School (9-11)
15.50%
15.25%
13.12%
High School Graduate (12)
23.65%
25.63%
23.96%
Some College (13-15)
14.68%
15.01%
17.50%
Associate Degree Only
3.01%
3.26%
4.10%
Bachelors Degree Only
7.25%
9.52%
12.43%
Graduate Degree
1.47%
2.58%
4.53%
Source: © 2017 Experian

20. DICKER PLAZA PROPERTY NAME DEMOGRAPHICS MARKETING TEAM Population
Race and Ethnicity
In 2017, the population in your selected geography is 10,407. The population has changed by 82.45% since It is estimated that the population in your area will be 12, five years from now, which represents a change of 17.64% from the current year. The current population is 48.10% male and 51.90% female. The median age of the population in your area is 23.86, compare this to the US average which is The population density in your area is 3, people per square mile.
People of Hispanic origin make up 98.49% of the current year population in your selected area. Compare this to the US average of 17.88%.
Households
Housing
There are currently 2,369 households in your selected geography. The number of households has changed by 99.41% since It is estimated that the number of households in your area will be 2,878 five years from now, which represents a change of 21.49% from the current year. The average household size in your area is 4.29 persons.
The median housing value in your area was $78,743 in 2017, compare this to the US average of $193,953. In 2000, there were 923 owner occupied housing units in your area and there were 265 renter occupied housing units in your area. The median rent at the time was $240.
Income
Employment
The current year per capita income in your area is $8,313, compare this to the US average, which is $30,982. The current year average household income in your area is $36,523, compare this to the US average which is $81,217.
In 2017, there are 864 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 37.76% of employees are employed in white-collar occupations in this geography, and 62.80% are employed in blue-collar occupations. In 2017, unemployment in this area is 10.50%. In 2000, the average time traveled to work was minutes.
Source: © 2017 Experian

21. DICKER PLAZA 8
DEMOGRAPHICS