UNITED STATES POSTAL SERVICEOFFERING MEMORANDUM // 117 ELEVATOR, DELAWARE, OK 74027

JAMIE HARRISON415-539-1106

harrison@tcpre.com

touchstoneC O M M E R C I A L P A R T N E R S

UNITED STATES POSTAL SERVICE // 2

INVESTMENT SUMMARY

ASKING PRICE$109,200

CAP RATE9.0%

BUILDING SIZE+/- 1,034 Sq. Ft.

LOT SIZE+/- 14,000 Sq. Ft.

YEAR BUILT1984

DEALPOINTS

TAXES .............................................................................................Reimbursed

INSURANCE ...............................................................................................$356

MAINTENANCE & RESERVES ............................................................... $259

NET OPERATING INCOME ..................................................................... $9,828

LEASE ABSTRACT

TENANT United States Postal Service

GUARANTOR Federal Government

ADDRESS 117 Elevator, Delaware, OK 74027

CURRENT RENT $9,926 (and increases to $10,443 in September)

RENT PSF $11.31/ Square Foot

LEASE TYPE USPS maintenanceUSPS Tax reimbursement rider

LEASE TERM September 1, 2014 through August 31, 2024

OPTION None

TERMINATION 180 Days

UNITED STATES POSTAL SERVICE // 3

USPS LOCATIONS

1

2

1

2

USPS LENAPAHDIST: 6 miles

HOURS:Open 4 Hours/ Day

USPS NOWATADIST: 5.5 miles

HOURS:Open 7 Hours/ Day

USPS LOCATIONS

UNITED STATES POSTAL SERVICE // 4

REGIONAL OVERVIEW

TULSA, OK59 mi. from

subject property

UNITED STATES POSTAL SERVICE // 5

5 Mile Radius 10 Mile Radius 15 Mile Radius

PO

PU

LA

TIO

NH

OU

SEH

OLD

SIN

CO

ME

20 MILE RADIUS

DEMOGRAPHICS

117 Elevator

POPULATION

71,478 30,246 $69,646HOUSEHOLDS INCOME

Estimated Population (2018) 1,909 7,088 13,305

Projected Population (2023) 1,820 6,870 12,875

Census Population (2010) 1,962 7,253 13,523

Census Population (2000) 1,974 7,401 13,352

Projected Annual Growth (2018 to 2023) -0.9% -0.6% -0.6%

Historical Annual Growth (2000 to 2018) -0.2% -0.2% -

Projected Households (2023) 802 3,010 5,500

Census Households (2010) 796 2,923 5,416

Census Households (2000) 783 2,934 5,230

Projected Annual Growth (2018 to 2023) -0.2% 0.2% -0.1%

Historical Annual Growth (2000 to 2018) 0.2% 0.1% 0.3%

Estimated Average Household Income (2018) $51,032 $50,892 $68,023

Estimated Median Household Income (2018) $41,642 $39,904 $51,646

2018 Estimated Per Capita Income $21,730 $21,637 $28,362

UNITED STATES POSTAL SERVICE // 6

TENANT PROFILE

The United States Postal Service employs some 617,000 workers, making it the third-largest civilian employer in the United States behind the federal government and Wal-Mart. In a 2006 U.S. Supreme Court decision, the Court noted: “Each day, according to the Government’s submissions here, the United States Postal Service delivers some 660 million pieces of mail to as many as 142 million delivery points.” As of 2014, the USPS operates 31,000 post offices and locations in the U.S., and delivers 155 billion pieces of mail annually.

In October 2016, the Postal Service released Future Ready, a five-year plan required by law starting in 1993. The plan outlines the Postal Service’s goals for the next five years.

1. Deliver a world-class customer experience.2. Equip, empower, and engage employees.3. Innovate faster to deliver value.4. Invest in our future platforms.

UNITED STATES POSTAL SERVICE // 7

Touchstone Commercial Partners presents 117 Elevator, Delaware, OK 74027 (“Property”) for your acquisition. Touchstone Commercial Partners and owner provides the material presented herein without representation or warranty. A substantial portion of information was obtained from sources other than actual knowledge and not all sources can be absolutely confirmed. Moreover, all information is subject to changes by the parties involved as to price or terms before sale, to withdrawal of the Property from the market, and to other events beyond the control of Touchstone Commercial Partners or owner. No representation is made as to the value of this possible investment other than hypothetical scenarios. It is encouraged that you or any of your affiliates consult your business, tax and legal advisors before making a final determination of value or suitability of the Property for acquisition. As a condition of Touchstone Commercial Partners’ consent to communicate the information contained herein–as well as any information that may be communicated to you subsequently either verbally or in writing by Touchstone Commercial Partners, owner or agents of either of these parties regarding the Property–it is required that you agree to treat all such information confidentially.

UNITED STATES POSTAL SERVICE117 ELEVATOR, DELAWARE, OK 74027

JAMIE HARRISON415-539-1106

harrison@tcpre.comCA BRE #01364847

touchstoneC O M M E R C I A L P A R T N E R S

OFFERING MEMORANDUM