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Summary

FIREWHEEL VILLAGE

“How large is Firewheel Village?”

  • 14.5 acre property
  • 148,870 square foot building
  • Former Wal-Mart store that has been expanded and divided into six tenant suites
  • 97% leased

“What stores have leased space in Firewheel Village?”

  • Big Lots (NYSE:BIG); 1400 stores in 47 states; 24% of the Property; lease expires Jan. 2013
  • Hobby Lobby (privately owned); 385 stores in 30 states; 40% of the Property; lease expires Sept. 2012
  • Tuesday Morning (Nasdaq:TUES); 790 stores in 47 states; 8% of the Property; lease expires July 2010
  • Mardel (privately owned; lease guaranteed by Hobby Lobby); 26 stores in 6 states; 17% of the Property; lease expires July 2020
  • Hancock Fabric (operating under Chapter 11 Bankruptcy); 9% of the Property; lease expires July 2015

“Location, location, location”

  • Firewheel area of Garland – Northeast Dallas suburb
  • Just South of President George Bush Turnpike (Hwy 190) on Lavon Road (Hwy 78)
  • Bush Turnpike recently extended to Lavon Road; additional 10-mile extension to I-30 will commence in 2008
  • Near newly opened super-regional mall, Firewheel Town Center
  • Firewheel Town Center is a magnet for shoppers from US 75 to the West and I-30 to the East
  • Many national retailers have opened stores in the Firewheel area.

“Why invest in Firewheel Village?”

  • Rents being paid by our tenants average $6.58 per square foot per year, triple net
  • Rents for comparable space in the area are $15.00 per square foot per year, triple net
  • Purchase price for Firewheel Village is $91 per square foot, below replacement cost
  • New mortgage: 10-year loan with interest fixed at 5.70% payable “interest only” for entire 10 years.
  • Interest payments are $3.98 per square foot per year

“What are the benefits of an investment in Firewheel Village?”

  • One-year, no questions asked money back guarantee
  • Stable, consistent cash flow of roughly 7% per year, payable quarterly
  • Capital preservation and potential appreciation
  • Forecasted 3 to 7 year ownership period, after which Property will be sold and proceeds distributed to shareholders
  • Pride of ownership; Dallas-area property in dynamic growth area

This material is neither an offer to sell nor a solicitation of an offer to buy any securities. It has been designed only to familiarize Texas residents with certain aspects of Nexregen Firewheel Real Estate Investment Trust (the REIT), which aspects are more fully disclosed by the Prospectus. Readers must be aware that this material cannot and does not replace the Prospectus and is qualified in its entirety by the Prospectus. Any offer must be made pursuant to procedures intended to comply with applicable securities laws. An investment in the REIT is subject to numerous risks as disclosed in the Prospectus; such risks should be reviewed carefully before considering an investment in the REIT.

 
 
Nexregen Firewheel Real Estate Investment Trust is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority.

This material is neither an offer nor a solicitation of an offer to buy any securities. It has been designed only to familiarize residents of the State of Texas with certain aspects of Nexregen Firewheel Real Estate Investment Trust, which aspects are more fully described in the Prospectus. Readers must be aware that this material cannot and does not replace the Prospectus and is qualified in its entirety by the Prospectus. Any offer must be made with procedures intended to comply with applicable federal and state securities regulations, including Section 3(a)(11) of the Securities Act of 1933.

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