Retail Site Analysis. G-G Investments. Kuykendahl Road and Gosling Road Spring, Texas 77379

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Retail Site Analysis G-G Investments Kuykendahl Road and Gosling Road Spring, Texas 77379 April 7, 2015

Project Summary It has been proposed to develop a new generation convenience center with fuel, store, fast food, and complimentary retail tenant space along Kuykendahl Road at Gosling Road in Spring, Texas. The focus of this evaluation is the projected fuel and convenience store sales volumes during the first three years of planned facility operation. A facility development strategy has been created and analyzed for sales projection purposes. Table of Contents Management Summary 3 Site Photos 6 Traffic Summary 8 Facility Development Strategy 9 Consumer Potential Scores 10 Projections: Metrics and Range 15 Competition Summary and Map 16 Trade Area Map and Demographics 29

Management Summary G-G Investments - Spring Site Characteristics The site is located at the northeast corner of the Kuykendahl Road and Gosling Road intersection in Spring, Harris County, Texas 77379. Kuykendahl Road is an undivided, four lane artery with designated left turn lane at the Gosling Road intersection. Kuykendahl Road serves as a major commuter corridor within the trade area. Posted speed 45 MPH. Gosling Road (Pinelakes Boulevard) is a divided, four lane artery with designated left turn lane at the Kuykendahl Road intersection. Posted speed 45 MPH. The site is a 2.5 acre land area that affords 250 frontage along Kuykendahl Road and 463 frontage along Gosling Road. Direct site access will exist via one drive cut along Kuykendahl Road and two drive cuts along Gosling Road. A curb cut will align with the median crossover on Gosling Road. Vehicular movement is electronically regulated at the Kuykendahl Road and Gosling Road intersection. Site visibility is unrestricted. Good facility visibility/reaction ratios will exist via exterior signage, lighting, and canopy. Page 3

Competition Competitive Summary: Fuel/Convenience Store Fuel Brands/Chains Valero, Phillips 66, Chevron, Texaco, Shell, Kroger, Sunoco, Shamrock, Murphy USA, Corner Store # of Competitors 11 Gasoline Positions 128/40 Convenience Store SF 25,700 SF Average Distance from Site 1 Mile Traffic IMST Traffic Counts Based on 24 Hour Count (2015) Kuykendahl Road 32,736 Gosling Road 7,230 Total 39,966 Trade Area The trade area, centered along Kuykendahl Road west of Interstate 45 and south of FM 1960, in a suburban, residential section of Spring. Kuykendahl Road is a primary residential collector and commuter route. Gosling Road will be extended to The Woodlands in the long term. Trade area demand is driven by an established and expanding household base, and supported by daily commuters and area employees. The trade area has experienced and is projected to continue household expansion. Area residents are above average income with good levels of education and occupation. Households are dominated by Hispanic (21%) and White (74%) population. Median age is 33, and 89% of households are owner occupied. A series of rings and drive times were used for demand screening and to depict the primary areas of site influence. Trade Area 2014 Population 1.25 Mile 15,418 2014 Households 1.25 Mile 4,765 % Household Change 2014 2019 1.25 Mile 16.2% 2014 Average HH Income 1.25 Mile 111,668 2014 Median HH Income 1.25 Mile 94,664 Total Household Vehicles 1.25 Mile 12,366 Total Employees 1.25 Mile 2,870 Total Daytime at Home Population 1.25 Mile 7,950 Page 4

Facility Development Strategy: Santos Center Plaza New generation convenience center with Exxon branded fuel, 4,500 square foot convenience store, 2,500 square foot branded fast food component, and 17,000 square feet of complimentary lease space. Eight (8) MPD s with sixteen (16) fueling positions, eight (8) diesel hoses, and stacked dive in configuration. Two (2) EV stations. Exxon branded fuel with full exterior brand image and competitive fuel pricing. Convenience store will feature high profile design, modern amenities, services, and fixtures. Sixteen (16) up front convenience store parking spaces. Additional perimeter site parking. Advanced convenience store merchandising with beer, wine, cigarette, tobacco, snack food, candy, beverage, and convenience categories. Competitive store pricing. Expanded fountain beverage counter. Coffee counter with bakery case. Twenty (20) door walk in cooler with seven (7) doors for beer/wine merchandising. Beer Cave. Expanded, interior restrooms with good appearance and cleanliness. Two (2) cashier stations with good standards of customer service. ATM. Lottery. Convenience store operational 24 hours per day, 7 days per week. Volume & Sales Projections Average Monthly Volume Projections Year 1 Year 2 Year 3 Fuel Volume (Gallons) 120,171 123,734 124,738 Convenience Store Sales (Dollars) $87,032 $89,876 $90,774 Summary The studied site is located along a primary market corridor in an upper income suburban area northwest of Houston. Site location along Kuykendahl Road creates access to residential and commuter trips in excess of 39,000 vehicles per day. Gosling Road will include a designated median crossover relative to the site. Target residents are busy suburban families with multiple retail choices and who are convenience, brand, value, and service sensitive. The trade area is fiercely competitive with eleven (11) brand and chain fuel/convenience competitors within 1.5 miles. Additional fuel competitors are located at indirect market areas beyond the local area of site influence. The standard for competitive entry is high, requiring effective pricing, execution, and promotion. Residential frequency will be critical toward maximizing store performance. The capture of commuter fuel purchases will be critical toward maximizing fuel performance. Proper site planning must ensure good on site movement, spacing, and flow between the distinct profit centers. Fuel volume projections include gasoline and diesel gallons, which are detailed within metrics and range (Page 10). Convenience store sales projections do not include branded fast food. Sales projections combined with anticipated lease rates, sales margins, store development budgets, and operational costs must be analyzed to determine store feasibility. It must be determined whether an adequate return on project investment exists in the short term based on the projected volumes and sales. Projected sales do not include potential lease tenant revenue. Page 5

Site Photos Site approach westbound on Gosling Road Site approach eastbound on Pinelakes Boulevard Site approach northbound on Kuykendahl Road Site approach southbound on Kuykendahl Road Page 6

Site Photos (continued) Site view facing northeast on Gosling Road Site view from the intersection facing northeast Site view facing west on Gosling Road Page 7

Traffic Summary Kuykendahl Road and Gosling Road Traffic Counts Primary Artery: Kuykendahl Road Secondary Artery: Gosling Road Primary Artery: Kuykendahl Road Secondary Artery: Gosling Road Average Daily Traffic Counts Texas DOT (2011) Combined movement north of the site 18,690 Combined movement south of the site 30,900 Combined movement east of the site 9,770 Combined movement west of the site 3,210 Average Daily Traffic Counts Determined by IMST (2015) Northbound movement (non truck/truck) 15,874/242 Southbound movement (non truck/truck) 16,221/399 Total Kuykendahl Road 32,736 Eastbound movement (non truck) 3,824 Westbound movement (non truck) 3,406 Total Gosling Road 7,230 Total Intersection (non truck/truck) 39,325/641 Total Intersection Movement 39,966 Page 8

Facility Development Strategy Name: Proposed Facility Brand: Exxon Case # 1 Location: Kuykendahl Road and Gosling Road Intersection: SE Type: Convenience Store Impact: 230.4 Forecourt & Exterior Posted Prices 8 MPD's Updated Canopy Unleaded $2.18 9 Electronic Pay Air/Water Midgrade 16 # of Gas Hoses Yes CRIND's Premium 3 # of Gas Grades 3 Brand Sign Facings Diesel $2.61 9 16 # of Fueling Positions 2 Price Sign Facings Card Discount $0.03 9 8 # of Diesel Hoses Pre Pay Fuel # of Truck Lanes 2 # of Access Points Strategy 0.00 # of Kerosene Hoses Average Visibility 0.00 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact 2 # of EV Stations CntrTurn Road Configuration Gasoline Score 89.5 24 # of Self Service Hoses Average On Site Movement Diesel Score 17.5 # of Full Service Hoses 45 Posted Speed Convenience Store Score 123.4 Stacked Fuel Configuration 4,500 Size of Store Fast Food Score 31.0 None Car Wash 16 Up Front Parking Distance Score 1.00 Convenience Store 20 Walk In Cooler Doors Average Maintenance Interior Restrooms Reach In Cooler Doors Average Interior Lighting Average Snack Merchandising Yes LED Cooler Lighting Average Interior Signage Average Tobacco Merchandising Walk In Freezer Doors Average Fountain Beverage Full Credit/Debit Card 2 Reach In Freezer Doors Average Frozen/Specialty 24 Hours of Operation 1 Open Coolers Average Coffee Bar 2 Cashier Stations Interior Ice Doors 7 Beer/Wine Doors Yes Lottery 2 Exterior Ice Doors Yes Beer Cave Yes ATM Novelty Freezers Branded Fast Food Brand Yes Uniforms Excellent Interior Visibility Fast Food Average Customer Service/Experience Page 9

Consumer Potential Report Kuykendahl Road and Gosling Road, Spring, Texas 77379 MPI Category Legend 1.25 Mile Trade Area Gasoline 21+ Gallons per Week Use Premium Gasoline Use Mid Grade Gasoline Use Regular Gasoline Use Diesel Fuel Have Exxon Credit Card MPI 1 109 MPI 2 111 MPI 3 113 MPI 4 108 MPI 5 69 MPI 6 126 130 125 120 Index Score (Average Propensity 100) 115 110 105 100 95 90 85 80 75 70 65 MPI 1 MPI 2 MPI 3 MPI 4 MPI 5 MPI 6 Page 10

Consumer Potential Report Kuykendahl Road and Gosling Road, Spring, Texas 77379 MPI Category Legend 1.25 Mile Trade Area Spend $40+/Mos at Convenience Store Shop Convenience Store in Morning Shop Convenience Store in Afternoon Shop Convenience Store in Evening Buy Beer at Convenience Store Buy Cigarettes at Convenience Store MPI 1 98 MPI 2 100 MPI 3 94 MPI 4 108 MPI 5 90 MPI 6 82 110 Index Score (Average Propensity 100) 105 100 95 90 85 80 MPI 1 MPI 2 MPI 3 MPI 4 MPI 5 MPI 6 Page 11

Consumer Potential Report Kuykendahl Road and Gosling Road, Spring, Texas 77379 MPI Category Legend 1.25 Mile Trade Area Buy Fresh Sandwiches at Convenience Store Buy Hot Dogs at Convenience Store Buy Ice Cream at Convenience Store Buy Coffee at Convenience Store Buy Candy at Convenience Store Buy Snack Foods at Convenience Store MPI 1 69 MPI 2 78 MPI 3 85 MPI 4 105 MPI 5 97 MPI 6 97 110 105 Index Score (Average Propensity 100) 100 95 90 85 80 75 70 65 MPI 1 MPI 2 MPI 3 MPI 4 MPI 5 MPI 6 Page 12

Consumer Potential Report Kuykendahl Road and Gosling Road, Spring, Texas 77379 MPI Category Legend 1.25 Mile Trade Area Dairy Products at Convenience Store Bakery Items at Convenience Store Milk at Convenience Store Soft Drinks at Convenience Store Fountain Drinks at Convenience Store Buy Juice Drinks at Convenience Store MPI 1 109 MPI 2 102 MPI 3 113 MPI 4 95 MPI 5 98 MPI 6 95 115 Index Score (Average Propensity 100) 110 105 100 95 90 MPI 1 MPI 2 MPI 3 MPI 4 MPI 5 MPI 6 Page 13

Consumer Potential Report Kuykendahl Road and Gosling Road, Spring, Texas 77379 MPI Category Legend 1.25 Mile Trade Area Buy Lottery at Convenience Store Fast Food Chicken Fast Food Sandwich Fast Food Mexican Fast Food Pizza Fast Food Breakfast MPI 1 102 MPI 2 97 MPI 3 110 MPI 4 109 MPI 5 102 MPI 6 113 115 Index Score (Average Propensity 100) 110 105 100 95 MPI 1 MPI 2 MPI 3 MPI 4 MPI 5 MPI 6 Page 14

Projections, Analytical Range, & Metrics ne G-G Investments - Spring Trade Area Metrics Primary Area of Influence 1.25 Mile Total Intersection Traffic 39,966 VPD Explained Intersection Traffic 76.2% Passing Intersection Traffic 23.8% Trade Area in Square Miles 4.91 Trade Area Population Density 2,690 Trade Area Employee Density 501 Projection Metrics Annual Gasoline Volume Year 1 1,355,592 gallons Gasoline Gallons per Dispenser 14,121 gallons Annual Diesel Volume Year 1 86,460 gallons Annual Convenience Sales Year 1 $1,044,384 Convenience Store Sales per Square Foot $19.34 Average Monthly Volume & Sales Projections Year 1 Year 2 Year 3 Fuel Volume (Gallons) 120,171 123,734 124,738 Gasoline Volume (Gallons) 112,966 116,315 117,259 Diesel Volume (Gallons) 7,205 7,419 7,479 Convenience Store Sales (Dollars) $87,032 $89,876 $90,774 Analytical Volume & Sales Range LOW Year 1 Year 2 Year 3 Fuel Volume (Gallons) 102,987 107,141 107,649 Convenience Store Sales (Dollars) $78,329 $80,888 $81,697 HIGH Year 1 Year 2 Year 3 Fuel Volume (Gallons) 127,633 132,655 133,857 Convenience Store Sales (Dollars) $95,735 $98,864 $99,851 Page 15

Competitive Analysis Summary Trade Area Summary Brands and Convenience Chains 11 Total Competitive Units 1.0 Average Distance in Miles 128 Total Gasoline Fueling Positions 40 Total Auto Diesel Fueling Positions 25,700 Total Convenience Store Square Footage 2,336 Average Convenience Store Square Footage Competitive Impact Scores Posted Prices 60.3 Average Gasoline Impact Score Market Price Gasoline $2.18 9 13.3 Average Diesel Impact Score 46.0 Average Convenience Impact Score Lead Price Gasoline $1.99 9 1.8 Average Fast Food Impact Score 0.3 Average Distance Impact Score Market Price Diesel $2.61 9 307.4 Maximum Competitor Impact Score Lead Price Diesel $2.37 9 18.7 Minimum Competitor Impact Score Date: 3/26/2015 Impact Scores 350 300 278.91 307.40 250 217.12 200 150 126.64 100 65.45 75.27 66.45 75.83 62.35 50 18.70 21.70 0 Stripes Sunoco Kroger Murphy USA Shell Corner Store Valero Shamrock Chevron Chevron Valero Texaco Phillips 66 Page 16

Gosling Gosling Gosling Rd Rd Gosling Gosling Rd Rd Gosling Rd Gosling Gosling Gosling Rd Rd Competition Map Kuykendahl Road and Gosling Road Spring, Texas 77379 1 Spring Stuebner Rd Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Rd Rd Rd Rd Rd Rd Rd Rd Rd 3 FM 2920 Rd 2 4 5 6 7 H A R R I S Rhodes Rd Wind Rose Golf Club 8 9 10 11 Spring Spring Cypress Cypress Rd Rd = Gasoline/Convenience Store Page 17

Competition Analysis: Convenience Store and Fuel Name: Stripes Brand: Sunoco Map #: 1 Location: Kuykendahl Road and Boudreaux Road Intersection: NW Type: Convenience Store Distance: 1.7 Forecourt & Exterior Posted Prices 10 MPD's Updated Canopy Unleaded $1.99 9 Electronic Pay Air/Water Midgrade $2.13 9 20 # of Gas Hoses Yes CRIND's Premium $2.27 9 3 # of Gas Grades 7 Brand Sign Facings Diesel $2.37 9 20 # of Fueling Positions 4 Price Sign Facings Card Discount $0.25 9 8 # of Diesel Hoses Yes Pre Pay Fuel 0 # of Truck Lanes 2 # of Access Points Strategy 0.19 # of Kerosene Hoses Average Visibility 0.24 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations Undivided Road Configuration Gasoline Score 98.5 28 # of Self Service Hoses Average On Site Movement Diesel Score 16.5 # of Full Service Hoses 45 Posted Speed Convenience Store Score 74.9 Stacked Fuel Configuration 4,500 Size of Store Fast Food Score 4.0 Car Wash 11 Up Front Parking Distance Score 0.17 17 Walk In Cooler Doors Average Maintenance Interior Restrooms 5 Reach In Cooler Doors Average Interior Lighting Excellent Snack Merchandising Yes LED Cooler Lighting Average Interior Signage Average Tobacco Merchandising Walk In Freezer Doors Excellent Fountain Beverage Full Credit/Debit Card 2 Reach In Freezer Doors Excellent Frozen/Specialty 24 Hours of Operation 2 Open Coolers Excellent Coffee Bar 2 Cashier Stations 1 Interior Ice Doors Beer/Wine Doors Yes Lottery 2 Exterior Ice Doors Beer Cave Yes ATM 1 Novelty Freezers Fast Food Brand Yes Uniforms Average Interior Visibility Laredo Taco Fast Food Average Customer Service/Experience Date: 3/26/2015 Convenience Store Page 18

Competition Analysis: Convenience Store and Fuel Name: Kroger Brand: Kroger Map #: 2 Location: FM 2920, west of Kuykendahl Road Intersection: N Type: Pumper w/kiosk Distance: 0.7 Forecourt & Exterior Posted Prices 6 MPD's Standard Canopy Unleaded $2.13 9 Electronic Pay Air/Water Midgrade $2.30 9 12 # of Gas Hoses Yes CRIND's Premium $2.46 9 3 # of Gas Grades 4 Brand Sign Facings Diesel 12 # of Fueling Positions 3 Price Sign Facings Card Discount $0.03 9 # of Diesel Hoses Yes Pre Pay Fuel E 85 1.63 9 # of Truck Lanes 2 # of Access Points Strategy 0.05 # of Kerosene Hoses Average Visibility 4 # of E 85 Hoses None Traffic Regulation Competitive Impact # of EV Stations CenterTurn Road Configuration Gasoline Score 37.0 16 # of Self Service Hoses Average On Site Movement Diesel Score 0.0 # of Full Service Hoses 50 Posted Speed Convenience Store Score 10.3 Parallel Fuel Configuration 100 Size of Store Fast Food Score 0.0 Car Wash Up Front Parking Distance Score 0.41 Walk In Cooler Doors Maintenance Restrooms 8 Reach In Cooler Doors Interior Lighting Poor Snack Merchandising LED Cooler Lighting Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Frozen/Specialty 24 Hours of Operation Open Coolers Coffee Bar 1 Cashier Stations Interior Ice Doors Beer/Wine Doors Lottery Exterior Ice Doors Beer Cave ATM Novelty Freezers Fast Food Brand Uniforms Interior Visibility Fast Food Average Customer Service/Experience Date: 3/26/2015 Convenience Store Page 19

Competition Analysis: Convenience Store and Fuel Name: Walmart Brand: Murphy USA Map #: 3 Location: Kuykendahl Road, north of FM 2920 Intersection: E Type: Pumper/Kiosk Distance: 0.7 Forecourt & Exterior Posted Prices 6 MPD's Standard Canopy Unleaded $2.13 9 2 Electronic Pay Air/Water Midgrade $2.28 9 12 # of Gas Hoses Yes CRIND's Premium $2.42 9 3 # of Gas Grades 2 Brand Sign Facings Diesel $2.37 9 12 # of Fueling Positions 5 Price Sign Facings Cash Discount $0.03 9 4 # of Diesel Hoses Yes Pre Pay Fuel # of Truck Lanes 2 # of Access Points Strategy 0.05 # of Kerosene Hoses Average Visibility 0.24 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations Crossover Road Configuration Gasoline Score 42.5 16 # of Self Service Hoses BelowAvg On Site Movement Diesel Score 9.5 # of Full Service Hoses 45 Posted Speed Convenience Store Score 30.9 Parallel Fuel Configuration 300 Size of Store Fast Food Score 0.0 Soft Touch Car Wash Up Front Parking Distance Score 0.41 6 Walk In Cooler Doors Average Maintenance Interior Restrooms 7 Reach In Cooler Doors Average Interior Lighting Poor Snack Merchandising LED Cooler Lighting Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Frozen/Specialty 19 Hours of Operation Open Coolers Coffee Bar 1 Cashier Stations Interior Ice Doors 4 Beer/Wine Doors Yes Lottery 2 Exterior Ice Doors Beer Cave Yes ATM Novelty Freezers Fast Food Brand Yes Uniforms Poor Interior Visibility Fast Food Average Customer Service/Experience Date: 3/26/2015 Convenience Store Page 20

Competition Analysis: Convenience Store and Fuel Name: AMB Corp II Brand: Shell Map #: 4 Location: Kuykendahl Road and FM 2920 Intersection: SW Type: Convenience Store Distance: 0.6 Forecourt & Exterior Posted Prices 8 MPD's Standard Canopy Unleaded $2.29 9 Electronic Pay Air/Water Midgrade $2.59 9 16 # of Gas Hoses Yes CRIND's Premium $2.78 9 3 # of Gas Grades 6 Brand Sign Facings Diesel $2.99 9 16 # of Fueling Positions 4 Price Sign Facings Card Discount 2 # of Diesel Hoses Yes Pre Pay Fuel 0 # of Truck Lanes 3 # of Access Points Strategy 0.11 # of Kerosene Hoses Average Visibility 0.38 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations CenterTurn Road Configuration Gasoline Score 79.5 18 # of Self Service Hoses Average On Site Movement Diesel Score 11.5 # of Full Service Hoses 45 Posted Speed Convenience Store Score 59.4 Stacked Fuel Configuration 3,000 Size of Store Fast Food Score 4.0 Car Wash 16 Up Front Parking Distance Score 0.48 17 Walk In Cooler Doors Poor Maintenance Interior Restrooms 7 Reach In Cooler Doors Average Interior Lighting Poor Snack Merchandising LED Cooler Lighting Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Limited Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Poor Frozen/Specialty 24 Hours of Operation Open Coolers Poor Coffee Bar 1 Cashier Stations 1 Interior Ice Doors 8 Beer/Wine Doors Yes Lottery Exterior Ice Doors Beer Cave Yes ATM 1 Novelty Freezers Fast Food Brand Yes Uniforms Average Interior Visibility Made2Order Fast Food Below Avg Customer Service/Experience Date: 3/26/2015 Convenience Store Page 21

Competition Analysis: Convenience Store and Fuel Name: Corner Store Brand: Corner Store Map #: 5 Location: FM 2920 and Rhodes Road Intersection: NW Type: Convenience Store Distance: 0.8 Forecourt & Exterior Posted Prices 8 MPD's Updated Canopy Unleaded $2.09 9 Electronic Pay Air/Water Midgrade $2.28 9 16 # of Gas Hoses Yes CRIND's Premium $2.44 9 3 # of Gas Grades 7 Brand Sign Facings Diesel $2.37 9 16 # of Fueling Positions 4 Price Sign Facings Card Discount 8 # of Diesel Hoses Yes Pre Pay Fuel # of Truck Lanes 3 # of Access Points Strategy 0.09 # of Kerosene Hoses Average Visibility 0.24 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations CenterTurn Road Configuration Gasoline Score 92.0 24 # of Self Service Hoses Average On Site Movement Diesel Score 17.0 # of Full Service Hoses 50 Posted Speed Convenience Store Score 75.4 Dive In Fuel Configuration 4,000 Size of Store Fast Food Score 3.0 Car Wash 17 Up Front Parking Distance Score 0.36 11 Walk In Cooler Doors Average Maintenance Interior Restrooms Reach In Cooler Doors Average Interior Lighting Average Snack Merchandising LED Cooler Lighting Average Interior Signage Excellent Tobacco Merchandising Walk In Freezer Doors Average Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Average Frozen/Specialty 24 Hours of Operation 3 Open Coolers Average Coffee Bar 3 Cashier Stations 2 Interior Ice Doors 5 Beer/Wine Doors Yes Lottery 4 Exterior Ice Doors Yes Beer Cave Yes ATM 2 Novelty Freezers Fast Food Brand Yes Uniforms Average Interior Visibility Fresh Choices Fast Food Average Customer Service/Experience Date: 3/26/2015 Convenience Store Page 22

Competition Analysis: Convenience Store and Fuel Name: Aneek Food Mart Brand: Shamrock Map #: 6 Location: FM 2920 and Rhodes Road Intersection: NE Type: Convenience Store Distance: 0.9 Forecourt & Exterior Posted Prices 3 MPD's Updated Canopy Unleaded $2.18 9 1 Electronic Air/Water Midgrade 6 # of Gas Hoses Yes CRIND's Premium # of Gas Grades 3 Brand Sign Facings Diesel $2.61 9 6 # of Fueling Positions 2 Price Sign Facings Card Discount 4 # of Diesel Hoses Yes Pre Pay Fuel # of Truck Lanes 3 # of Access Points Strategy 0.00 # of Kerosene Hoses Excellent Visibility 0.00 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations CenterTurn Road Configuration Gasoline Score 48.0 10 # of Self Service Hoses Poor On Site Movement Diesel Score 11.0 # of Full Service Hoses 50 Posted Speed Convenience Store Score 16.6 In Line Fuel Configuration 1,800 Size of Store Fast Food Score 0.0 Car Wash Up Front Parking Distance Score 0.32 10 Walk In Cooler Doors Poor Maintenance Interior Restrooms 4 Reach In Cooler Doors Below Avg Interior Lighting Poor Snack Merchandising LED Cooler Lighting Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Poor Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Limited Frozen/Specialty 17 Hours of Operation Open Coolers Limited Coffee Bar 1 Cashier Stations 1 Interior Ice Doors 5 Beer/Wine Doors Yes Lottery Exterior Ice Doors Beer Cave Yes ATM 1 Novelty Freezers Fast Food Brand Uniforms Poor Interior Visibility Fast Food Poor Customer Service/Experience Date: 3/26/2015 Convenience Store Page 23

Competition Analysis: Convenience Store and Fuel Name: Fuel Maxx Brand: Chevron Map #: 7 Location: FM 2920 and Rhodes Road Intersection: SW Type: Convenience Store Distance: 0.8 Forecourt & Exterior Posted Prices 5 MPD's Updated Canopy Unleaded $2.14 9 3 Electronic Air/Water Midgrade $2.49 9 10 # of Gas Hoses Yes CRIND's Premium $2.79 9 3 # of Gas Grades 3 Brand Sign Facings Diesel $2.54 9 10 # of Fueling Positions 2 Price Sign Facings Card Discount $2.09 9 8 # of Diesel Hoses Yes Pre Pay Fuel 2 # of Truck Lanes 4 # of Access Points Strategy 0.04 # of Kerosene Hoses Average Visibility 0.07 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations CenterTurn Road Configuration Gasoline Score 68.0 18 # of Self Service Hoses Average On Site Movement Diesel Score 21.0 # of Full Service Hoses 50 Posted Speed Convenience Store Score 86.6 Dive In Fuel Configuration 2,800 Size of Store Fast Food Score 4.0 Car Wash 12 Up Front Parking Distance Score 0.36 13 Walk In Cooler Doors Poor Maintenance Interior Restrooms Reach In Cooler Doors Average Interior Lighting Average Snack Merchandising LED Cooler Lighting Average Interior Signage Average Tobacco Merchandising Walk In Freezer Doors Average Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Average Frozen/Specialty 18 Hours of Operation Open Coolers Limited Coffee Bar 1 Cashier Stations Interior Ice Doors 5 Beer/Wine Doors Yes Lottery 4 Exterior Ice Doors Yes Beer Cave Yes ATM 1 Novelty Freezers Fast Food Brand Yes Uniforms Average Interior Visibility Made2Order Fast Food Average Customer Service/Experience Date: 3/26/2015 Convenience Store Page 24

Competition Analysis: Convenience Store and Fuel Name: Bridgestone Market Brand: Chevron Map #: 8 Location: Kuykendahl Road and Bridgeview Lane Intersection: NE Type: Convenience Store Distance: 0.9 Forecourt & Exterior Posted Prices 6 MPD's Standard Canopy Unleaded $2.46 9 Electronic Pay Air/Water Midgrade $2.99 9 12 # of Gas Hoses Yes CRIND's Premium $3.19 9 3 # of Gas Grades 4 Brand Sign Facings Diesel $2.89 9 12 # of Fueling Positions 2 Price Sign Facings Card Discount $0.29 9 4 # of Diesel Hoses Yes Pre Pay Fuel # of Truck Lanes 4 # of Access Points Strategy 0.28 # of Kerosene Hoses Average Visibility 0.28 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations CenterTurn Road Configuration Gasoline Score 76.5 16 # of Self Service Hoses Average On Site Movement Diesel Score 13.5 # of Full Service Hoses 45 Posted Speed Convenience Store Score 92.6 Dive In Fuel Configuration 3,000 Size of Store Fast Food Score 1.0 Soft Touch Car Wash 12 Up Front Parking Distance Score 0.32 17 Walk In Cooler Doors Average Maintenance Interior Restrooms Reach In Cooler Doors Average Interior Lighting Average Snack Merchandising LED Cooler Lighting Average Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Average Fountain Beverage Full Credit/Debit Card 2 Reach In Freezer Doors Average Frozen/Specialty 19 Hours of Operation Open Coolers Average Coffee Bar 2 Cashier Stations 2 Interior Ice Doors 7 Beer/Wine Doors Yes Lottery Exterior Ice Doors Beer Cave Yes ATM 1 Novelty Freezers Fast Food Brand Uniforms Restricted Interior Visibility RollerGrill Fast Food Average Customer Service/Experience Date: 3/26/2015 Convenience Store Page 25

Competition Analysis: Convenience Store and Fuel Name: Valero Brand: Valero Map #: 9 Location: Spring Cypress Road and Kuykendahl Road Intersection: NW Type: Convenience Store Distance: 1.4 Forecourt & Exterior Posted Prices 4 MPD's Standard Canopy Unleaded $2.19 9 Electronic Pay Air/Water Midgrade $2.69 9 8 # of Gas Hoses Yes CRIND's Premium $2.79 9 3 # of Gas Grades 5 Brand Sign Facings Diesel 8 # of Fueling Positions 2 Price Sign Facings Card Discount # of Diesel Hoses Yes Pre Pay Fuel # of Truck Lanes 4 # of Access Points Strategy 0.01 # of Kerosene Hoses Average Visibility # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations Divided Road Configuration Gasoline Score 51.5 8 # of Self Service Hoses Poor On Site Movement Diesel Score 0.0 # of Full Service Hoses 45 Posted Speed Convenience Store Score 20.6 In Line Fuel Configuration 2,000 Size of Store Fast Food Score 0.0 Car Wash 6 Up Front Parking Distance Score 0.20 12 Walk In Cooler Doors Poor Maintenance Interior Restrooms Reach In Cooler Doors Below Avg Interior Lighting Poor Snack Merchandising LED Cooler Lighting Poor Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Limited Fountain Beverage Full Credit/Debit Card 1 Reach In Freezer Doors Limited Frozen/Specialty 17 Hours of Operation Open Coolers Poor Coffee Bar 1 Cashier Stations 1 Interior Ice Doors 4 Beer/Wine Doors Yes Lottery 1 Exterior Ice Doors Beer Cave Yes ATM 2 Novelty Freezers Fast Food Brand Yes Uniforms Poor Interior Visibility Fast Food Poor Customer Service/Experience Date: 3/26/2015 Convenience Store Page 26

Competition Analysis: Convenience Store and Fuel Name: Spring Mart Texaco Brand: Texaco Map #: 10 Location: Kuykendahl Road and Spring Cypress Road Intersection: SW Type: Corner Mart Convenience Store Distance: 1.4 Forecourt & Exterior Posted Prices 4 MPD's Updated Canopy Unleaded $2.19 9 Electronic Pay Air/Water Midgrade $2.39 9 8 # of Gas Hoses Yes CRIND's Premium $2.79 9 3 # of Gas Grades 5 Brand Sign Facings Diesel 8 # of Fueling Positions 2 Price Sign Facings Card Discount # of Diesel Hoses Yes Pre Pay Fuel # of Truck Lanes 4 # of Access Points Strategy 0.01 # of Kerosene Hoses Excellent Visibility # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations Divided Road Configuration Gasoline Score 58.5 8 # of Self Service Hoses BelowAvg On Site Movement Diesel Score 0.0 # of Full Service Hoses 45 Posted Speed Convenience Store Score 23.7 In Line Fuel Configuration 2,400 Size of Store Fast Food Score 4.0 Car Wash 13 Up Front Parking Distance Score 0.20 12 Walk In Cooler Doors Below Avg Maintenance Interior Restrooms 7 Reach In Cooler Doors Average Interior Lighting Limited Snack Merchandising Yes LED Cooler Lighting Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Poor Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Frozen/Specialty 17 Hours of Operation Open Coolers Limited Coffee Bar 2 Cashier Stations Interior Ice Doors 6 Beer/Wine Doors Yes Lottery 1 Exterior Ice Doors Beer Cave Yes ATM 1 Novelty Freezers Fast Food Brand Uniforms Poor Interior Visibility Made2Order Fast Food Poor Customer Service/Experience Date: 3/26/2015 Convenience Store Page 27

Competition Analysis: Convenience Store and Fuel Name: Friendly Mart Brand: Phillips 66 Map #: 11 Location: Kuykendahl Road and Spring Cypress Road Intersection: SE Type: Convenience Store Distance: 1.4 Forecourt & Exterior Posted Prices 4 MPD's Standard Canopy Unleaded $2.18 9 1 Electronic Pay Air/Water Midgrade $2.49 9 8 # of Gas Hoses Yes CRIND's Premium $2.69 9 3 # of Gas Grades 5 Brand Sign Facings Diesel $2.75 9 8 # of Fueling Positions 2 Price Sign Facings Card Discount 2 # of Diesel Hoses Yes Pre Pay Fuel # of Truck Lanes 4 # of Access Points Strategy 0.00 # of Kerosene Hoses Average Visibility 0.14 # of E 85 Hoses Electronic Traffic Regulation Competitive Impact # of EV Stations Divided Road Configuration Gasoline Score 49.5 10 # of Self Service Hoses Poor On Site Movement Diesel Score 5.5 # of Full Service Hoses 45 Posted Speed Convenience Store Score 15.4 In Line Fuel Configuration 1,800 Size of Store Fast Food Score 0.0 Car Wash Up Front Parking Distance Score 0.20 10 Walk In Cooler Doors Poor Maintenance Interior Restrooms 2 Reach In Cooler Doors Below Avg Interior Lighting Poor Snack Merchandising LED Cooler Lighting Poor Interior Signage Poor Tobacco Merchandising Walk In Freezer Doors Poor Fountain Beverage Full Credit/Debit Card Reach In Freezer Doors Frozen/Specialty 17 Hours of Operation Open Coolers Poor Coffee Bar 1 Cashier Stations Interior Ice Doors 4 Beer/Wine Doors Yes Lottery 2 Exterior Ice Doors Beer Cave Yes ATM 1 Novelty Freezers Fast Food Brand Uniforms Poor Interior Visibility Fast Food Poor Customer Service/Experience Date: 3/26/2015 Convenience Store Page 28

Gosling Rd Rd Rd Gosling Rd Rd Gosling Rd Gosling Rd Rd Rd Kuykendahl Kuykendahl Kuykendahl Rd Rd Rd Trade Area Map 0.75, 1, 1.25, and 1.50 Mile Radii Kuykendahl Road and Gosling Road Spring, Texas 77379 Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Rd Rd Rd Rd Rd Rd Rd Rd Rd Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Kuykendahl Rd Rd Rd Rd Rd Rd = Site = 2 Minute Drive Time = 3 Minute Drive Time = 4 Minute Drive Time Page 29

Demand Report Kuykendahl Road and Gosling Road Spring, Texas 77379 2 MINUTE DRIVE TIME 2.92 SQ/MI 3 MINUTE DRIVE TIME 4.92 SQ/MI 4 MINUTE DRIVE TIME 7.42 SQ/MI POPULATION TREND 2010 Total Population 9,972 15,177 17,413 2014 Total Population 11,204 16,861 19,268 2019 Total Population 13,274 19,739 22,537 % Population Change 2000 to 2010 125.7% 113.3% 120.6% % Population Change 2000 to 2014 153.6% 137.0% 144.1% % Population Change 2010 to 2019 33.1% 30.1% 29.4% % Population Change 2014 to 2019 18.5% 17.1% 17.0% 2014 Total Daytime Population 7,843 11,802 13,929 2014 Total Employees 2,111 3,138 4,048 2014 Total Daytime at Home Population 5,732 8,664 9,881 2014 Total Employees (% of Daytime Population) 26.9% 26.6% 29.1% 2014 Total Daytime at Home Population (% of Daytime Popul 73.1% 73.4% 70.9% DENSITY 2014 Population Density 2,638 2,747 2,667 2014 Employee Density 497 511 560 HOUSEHOLDS TREND 2010 Households 3,208 4,905 5,606 2014 Households 3,459 5,233 5,958 2019 Households 4,043 6,047 6,879 % Household Change 2000 to 2010 122.0% 112.1% 117.9% % Household Change 2000 to 2014 139.4% 126.2% 131.6% % Household Change 2010 to 2019 26.0% 23.3% 22.7% % Household Change 2014 to 2019 16.9% 15.6% 15.5% 2014 Average household size: Owner occupied 2.8 2.8 2.8 2014 Average household size: Renter occupied 0.4 0.4 0.4 INCOME 2010 Household income: Median $91,590 $91,525 $91,176 2010 Household income: Average $107,654 $107,500 $106,979 2014 Household income: Median $94,585 $94,678 $94,422 2014 Household income: Average $111,662 $111,731 $111,207 2019 Household income: Median $97,879 $97,966 $97,732 2019 Household income: Average $116,301 $116,360 $115,866 HOUSEHOLD VEHICLES 2014 Households: Number of vehicles available 8,982 13,580 15,437 2014 Owner occupied: Number of vehicles available 8,029 12,153 13,759 2014 Renter occupied: Number of vehicles available 904 1,358 1,588 Page 30

Demand Report Kuykendahl Road and Gosling Road Spring, Texas 77379 2 MINUTE DRIVE TIME 2.92 SQ/MI 3 MINUTE DRIVE TIME 4.92 SQ/MI 4 MINUTE DRIVE TIME 7.42 SQ/MI RACE & ETHNICITY % 2014 White alone 75.0% 75.1% 74.0% % 2014 Black or African American alone 8.0% 7.9% 8.1% % 2014 American Indian and Alaska Native alone.4%.5%.4% % 2014 Asian alone 6.9% 6.8% 7.3% % 2014 Native Hawaiian and OPI alone.2%.2%.2% % 2014 Some Other Race alone 6.8% 6.8% 7.1% % 2014 Two or More Races alone 2.8% 2.9% 2.9% % 2014 Hispanic 20.3% 20.5% 21.1% % 2014 Not Hispanic 79.6% 79.5% 78.9% EDUCATION & OCCUPATION Education % 2014 No High School Diploma 7.4% 7.3% 7.4% % 2014 High school graduate, GED, or alternative 20.2% 20.2% 20.2% % 2014 College No Degree 24.9% 24.9% 25.1% % 2014 College Degree 35.8% 35.8% 35.6% % 2014 Advanced Degree 11.7% 11.8% 11.7% % 2014 College or Advanced Degree 47.6% 47.6% 47.4% Occupation % 2010 Occupation: White collar 72.2% 72.3% 72.3% % 2010 Occupation: Blue collar 27.8% 27.7% 27.7% % 2014 Occupation: White collar 72.1% 72.2% 72.3% % 2014 Occupation: Blue collar 27.9% 27.8% 27.7% AGE & OCCUPANCY Age 2014 Total population: Median age 33 33 33 2014 Male population: Median age 33 33 33 2014 Female population: Median age 34 34 34 Occupancy 2014 Households 3459 5233 5958 % 2014 Owner occupied housing units 89.3% 89.3% 88.8% % 2014 Renter occupied housing units 10.7% 10.7% 11.2% Page 31

Demand Report Kuykendahl Road and Gosling Road Spring, Texas 77379 2 MINUTE DRIVE TIME 2.92 SQ/MI 3 MINUTE DRIVE TIME 4.92 SQ/MI 4 MINUTE DRIVE TIME 7.42 SQ/MI RETAIL SALES POTENTIAL 2014 Convenience stores $3,578,909 $5,478,118 $6,261,028 2014 Gasoline stations with convenience stores $11,109,505 $17,256,065 $19,813,481 2014 Beer, wine, & liquor stores $762,192 $1,157,233 $1,316,923 2014 Supermarkets & other grocery (except convenience) sto $13,257,119 $20,580,638 $23,602,418 2014 Restaurant Expenditures $3,899,013 $6,048,579 $6,881,962 HOUSEHOLD EXPENDITURES Automotive 2013 Gasoline (Household Average) $2,108 $2,181 $2,203 2013 Diesel fuel (Household Average) $33 $32 $34 2013 Gasoline on out of town trips (Household Average) $127 $129 $130 2013 Motor oil (Household Average) $10 $10 $10 2013 Lube, oil change, and oil filters (Household Average) $90 $91 $92 2013 Maintenance and repairs (Household Average) $680 $703 $714 Food/Alcohol/Tobacco 2014 Food at home $12,274,167 $19,088,755 $21,905,218 2014 Food at home (Household Average) $3,548 $3,648 $3,677 2014 Food away from home (Household Average) $2,748 $2,803 $2,814 2014 Meals at restaurants carry outs (Household Average) $2,172 $2,213 $2,216 2014 Alcoholic beverages $1,360,603 $2,080,019 $2,372,387 2014 Alcoholic beverages (Household Average) $393 $397 $398 2014 At home (Household Average) $220 $221 $221 2014 Away from home (Household Average) $173 $176 $177 2014 Beer and ale (at home) $249,936 $383,546 $443,730 2014 Beer and ale (Household Average) $72 $73 $74 2014 Wine (at home) $78,691 $115,691 $132,780 2014 Wine (Household Average) $121 $122 $120 2014 Other alcoholic beverages $60,215 $84,733 $100,247 2014 Other alcoholic beverages (Household Average) $17 $16 $17 2014 Tobacco products and smoking supplies $1,126,159 $1,746,178 $2,007,282 2014 Tobacco products and smoking supplies (Household Ave $326 $334 $337 2014 Cigarettes $1,041,261 $1,612,150 $1,854,361 2014 Cigarettes (Household Average) $301 $308 $311 2014 Other tobacco products $81,315 $127,499 $145,663 2014 Other tobacco products (Household Average) $24 $24 $24 2014 Smoking accessories $3,583 $6,528 $7,258 2014 Smoking accessories (Household Average) $1 $1 $1 Page 32

Demand Report Kuykendahl Road and Gosling Road Spring, Texas 77379 0.75 MILE 1.77 SQ/MI 1 MILE 3.14 SQ/MI 1.25 MILE 4.91 SQ/MI 1.5 MILE 7.07 SQ/MI POPULATION TREND 2010 Total Population 3,733 9,443 13,804 20,656 2014 Total Population 4,090 10,634 15,418 23,085 2019 Total Population 4,781 12,626 18,159 27,276 % Population Change 2000 to 2010 206.7% 126.2% 116.9% 149.3% % Population Change 2000 to 2014 236.1% 154.8% 142.3% 178.6% % Population Change 2010 to 2019 28.1% 33.7% 31.5% 32.0% % Population Change 2014 to 2019 16.9% 18.7% 17.8% 18.2% 2014 Total Daytime Population 2,858 7,449 10,820 15,959 2014 Total Employees 805 2,013 2,870 4,211 2014 Total Daytime at Home Population 2,053 5,436 7,950 11,748 2014 Total Employees (% of Daytime Population) 28.2% 27.0% 26.5% 26.4% 2014 Total Daytime at Home Population (% of Daytime Popul 71.8% 73.0% 73.5% 73.6% DENSITY 2014 Population Density 2,534 2,627 2,690 2,662 2014 Employee Density 499 497 501 486 HOUSEHOLDS TREND 2010 Households 1,208 3,050 4,444 6,623 2014 Households 1,269 3,296 4,765 7,104 2019 Households 1,464 3,860 5,536 8,284 % Household Change 2000 to 2010 194.6% 122.6% 113.7% 143.6% % Household Change 2000 to 2014 209.5% 140.6% 129.1% 161.3% % Household Change 2010 to 2019 21.2% 26.6% 24.6% 25.1% % Household Change 2014 to 2019 15.4% 17.1% 16.2% 16.6% 2014 Average household size: Owner occupied 2.9 2.8 2.8 2.9 2014 Average household size: Renter occupied 0.3 0.4 0.4 0.4 INCOME 2010 Household income: Median $92,347 $91,498 $91,556 $91,181 2010 Household income: Average $108,968 $107,568 $107,581 $107,061 2014 Household income: Median $96,149 $94,530 $94,664 $94,410 2014 Household income: Average $113,742 $111,550 $111,668 $111,227 2019 Household income: Median $99,649 $97,794 $97,923 $97,738 2019 Household income: Average $118,674 $116,180 $116,307 $115,902 HOUSEHOLD VEHICLES 2014 Households: Number of vehicles available 3,300 8,559 12,366 18,383 2014 Owner occupied: Number of vehicles available 3,010 7,654 11,029 16,493 2014 Renter occupied: Number of vehicles available 266 857 1,271 1,835 Page 33

Demand Report Kuykendahl Road and Gosling Road Spring, Texas 77379 0.75 MILE 1.77 SQ/MI 1 MILE 3.14 SQ/MI 1.25 MILE 4.91 SQ/MI 1.5 MILE 7.07 SQ/MI RACE & ETHNICITY % 2014 White alone 74.2% 75.0% 74.6% 73.2% % 2014 Black or African American alone 8.1% 8.0% 8.1% 8.8% % 2014 American Indian and Alaska Native alone.3%.4%.4%.4% % 2014 Asian alone 8.5% 6.9% 6.8% 7.5% % 2014 Native Hawaiian and OPI alone.1%.2%.2%.2% % 2014 Some Other Race alone 5.9% 6.8% 7.1% 7.1% % 2014 Two or More Races alone 2.9% 2.8% 2.9% 2.9% % 2014 Hispanic 18.7% 20.4% 21.0% 21.2% % 2014 Not Hispanic 81.3% 79.6% 79.0% 78.8% EDUCATION & OCCUPATION Education % 2014 No High School Diploma 7.7% 7.4% 7.3% 7.4% % 2014 High school graduate, GED, or alternative 19.9% 20.2% 20.2% 20.3% % 2014 College No Degree 24.1% 24.9% 24.9% 24.9% % 2014 College Degree 36.1% 35.8% 35.9% 35.7% % 2014 Advanced Degree 12.3% 11.7% 11.7% 11.8% % 2014 College or Advanced Degree 48.3% 47.5% 47.6% 47.5% Occupation % 2010 Occupation: White collar 72.2% 72.2% 72.3% 72.1% % 2010 Occupation: Blue collar 27.8% 27.8% 27.7% 27.9% % 2014 Occupation: White collar 72.2% 72.0% 72.2% 72.1% % 2014 Occupation: Blue collar 27.8% 27.9% 27.9% 27.9% AGE & OCCUPANCY Age 2014 Total population: Median age 34 33 33 33 2014 Male population: Median age 33 33 33 32 2014 Female population: Median age 34 34 34 34 Occupancy 2014 Households 1269 3296 4765 7104 % 2014 Owner occupied housing units 91.2% 89.3% 89.0% 89.3% % 2014 Renter occupied housing units 8.8% 10.7% 11.0% 10.7% Page 34

Demand Report Kuykendahl Road and Gosling Road Spring, Texas 77379 0.75 MILE 1.77 SQ/MI 1 MILE 3.14 SQ/MI 1.25 MILE 4.91 SQ/MI 1.5 MILE 7.07 SQ/MI RETAIL SALES POTENTIAL 2014 Convenience stores $1,292,608 $3,399,499 $4,974,683 $7,518,075 2014 Gasoline stations with convenience stores $3,864,966 $10,587,731 $15,800,496 $23,630,712 2014 Beer, wine, & liquor stores $283,074 $722,197 $1,041,423 $1,598,081 2014 Supermarkets & other grocery (except convenience) sto $4,609,700 $12,634,623 $18,839,374 $28,175,040 2014 Restaurant Expenditures $1,433,528 $3,701,495 $5,464,709 $8,077,387 HOUSEHOLD EXPENDITURES Automotive 2013 Gasoline (Household Average) $1,975 $2,111 $2,197 $2,196 2013 Diesel fuel (Household Average) $20 $33 $36 $36 2013 Gasoline on out of town trips (Household Average) $119 $127 $131 $130 2013 Motor oil (Household Average) $9 $10 $10 $10 2013 Lube, oil change, and oil filters (Household Average) $85 $90 $92 $92 2013 Maintenance and repairs (Household Average) $633 $681 $711 $709 Food/Alcohol/Tobacco 2014 Food at home $4,244,546 $11,703,108 $17,489,438 $26,162,764 2014 Food at home (Household Average) $3,345 $3,551 $3,670 $3,683 2014 Food away from home (Household Average) $2,684 $2,742 $2,801 $2,802 2014 Meals at restaurants carry outs (Household Average) $2,159 $2,165 $2,201 $2,206 2014 Alcoholic beverages $493,409 $1,291,921 $1,884,688 $2,858,343 2014 Alcoholic beverages (Household Average) $389 $392 $396 $402 2014 At home (Household Average) $223 $219 $219 $225 2014 Away from home (Household Average) $166 $173 $177 $177 2014 Beer and ale (at home) $84,200 $238,491 $351,461 $559,058 2014 Beer and ale (Household Average) $66 $72 $74 $79 2014 Wine (at home) $30,202 $74,274 $104,328 $161,283 2014 Wine (Household Average) $134 $119 $118 $116 2014 Other alcoholic beverages $19,286 $57,456 $81,722 $124,789 2014 Other alcoholic beverages (Household Average) $15 $17 $17 $18 2014 Tobacco products and smoking supplies $391,046 $1,073,378 $1,603,214 $2,379,752 2014 Tobacco products and smoking supplies (Household Ave $308 $326 $336 $335 2014 Cigarettes $360,869 $992,538 $1,482,289 $2,195,979 2014 Cigarettes (Household Average) $284 $301 $311 $309 2014 Other tobacco products $28,801 $77,422 $115,329 $175,636 2014 Other tobacco products (Household Average) $23 $23 $24 $25 2014 Smoking accessories $1,376 $3,417 $5,595 $8,137 2014 Smoking accessories (Household Average) $1 $1 $1 $1 Page 35

Full Demographic Report Kuykendahl Road and Gosling Road Spring, Texas 77379 0.75 MILE 1.77 SQ/MI 1 MILE 3.14 SQ/MI 1.25 MILE 4.91 SQ/MI 1.5 MILE 7.07 SQ/MI POPULATION OVERVIEW Population Trend 2000 Total Population 1,217 4,174 6,364 8,285 2010 Total Population 3,733 9,443 13,804 20,656 2014 Total Population 4,090 10,634 15,418 23,085 2019 Total Population 4,781 12,626 18,159 27,276 % Population Change 2000 to 2010 206.7% 126.2% 116.9% 149.3% % Population Change 2000 to 2014 236.1% 154.8% 142.3% 178.6% % Population Change 2010 to 2019 28.1% 33.7% 31.5% 32.0% % Population Change 2014 to 2019 16.9% 18.7% 17.8% 18.2% 2014 Race and Ethnicity White alone 74.2% 75.0% 74.6% 73.2% Black or African American alone 8.1% 8.0% 8.1% 8.8% Asian alone 8.5% 6.9% 6.8% 7.5% Other Race 9.3% 10.2% 10.6% 10.5% Hispanic or Latino Hispanic 18.7% 20.4% 21.0% 21.2% Not Hispanic 81.3% 79.6% 79.0% 78.8% Age Trend 2014 Median Age 34 33 33 33 2014 Male population: Median age 33 33 33 32 2014 Female population: Median age 34 34 34 34 2014 Total population: Median age 34 34 34 33 19 and Under 34.0% 33.5% 33.6% 33.8% 20 to 29 9.7% 10.9% 11.0% 11.0% 30 to 39 18.2% 17.4% 17.3% 17.8% 40 to 49 14.7% 14.3% 14.3% 14.4% 50 to 64 16.1% 16.4% 16.3% 15.9% 65 and Over 7.2% 7.6% 7.4% 7.2% Male Population % 2014 Male population: Under 5 years 4.8% 4.5% 4.5% 4.6% % 2014 Male population: 5 to 9 years 4.8% 4.6% 4.6% 4.7% % 2014 Male population: 10 to 14 years 4.4% 4.3% 4.4% 4.4% % 2014 Male population: 15 to 19 years 3.5% 3.6% 3.7% 3.7% % 2014 Male population: 20 to 24 years 2.0% 2.2% 2.3% 2.3% % 2014 Male population: 25 to 29 years 2.6% 2.9% 3.0% 3.0% % 2014 Male population: 30 to 34 years 4.0% 4.1% 4.1% 4.1% % 2014 Male population: 35 to 39 years 4.8% 4.3% 4.3% 4.5% % 2014 Male population: 40 to 44 years 4.1% 3.8% 3.8% 3.8% % 2014 Male population: 45 to 49 years 3.2% 3.2% 3.2% 3.3% % 2014 Male population: 50 to 54 years 3.0% 3.0% 3.1% 3.0% Page 36

Full Demographic Report Kuykendahl Road and Gosling Road Spring, Texas 77379 0.75 MILE 1.77 SQ/MI 1 MILE 3.14 SQ/MI 1.25 MILE 4.91 SQ/MI 1.5 MILE 7.07 SQ/MI % 2014 Male population: 55 to 59 years 2.5% 2.6% 2.6% 2.5% % 2014 Male population: 60 to 64 years 2.1% 2.2% 2.1% 2.0% % 2014 Male population: 65 to 69 years 1.8% 1.8% 1.7% 1.7% % 2014 Male population: 70 to 74 years.8%.9%.8%.8% % 2014 Male population: 75 to 79 years.5%.6%.6%.5% % 2014 Male population: 80 to 84 years.2%.3%.3%.3% % 2014 Male population: 85 years and over.1%.1%.1%.1% Female Population % 2014 Female population: Under 5 years 4.7% 4.5% 4.4% 4.4% % 2014 Female population: 5 to 9 years 4.5% 4.4% 4.3% 4.3% % 2014 Female population: 10 to 14 years 4.3% 4.3% 4.4% 4.4% % 2014 Female population: 15 to 19 years 3.1% 3.3% 3.4% 3.4% % 2014 Female population: 20 to 24 years 1.9% 2.2% 2.2% 2.2% % 2014 Female population: 25 to 29 years 3.3% 3.6% 3.5% 3.6% % 2014 Female population: 30 to 34 years 4.4% 4.2% 4.2% 4.4% % 2014 Female population: 35 to 39 years 5.0% 4.7% 4.7% 4.8% % 2014 Female population: 40 to 44 years 4.1% 3.8% 3.8% 3.9% % 2014 Female population: 45 to 49 years 3.3% 3.4% 3.5% 3.4% % 2014 Female population: 50 to 54 years 3.1% 3.2% 3.2% 3.1% % 2014 Female population: 55 to 59 years 2.8% 2.8% 2.8% 2.8% % 2014 Female population: 60 to 64 years 2.6% 2.5% 2.5% 2.5% % 2014 Female population: 65 to 69 years 1.7% 1.6% 1.6% 1.6% % 2014 Female population: 70 to 74 years.9% 1.0% 1.0%.9% % 2014 Female population: 75 to 79 years.5%.6%.6%.5% % 2014 Female population: 80 to 84 years.4%.4%.4%.4% % 2014 Female population: 85 years and over.3%.3%.3%.3% HOUSEHOLD OVERVIEW Household Trend 2000 Households 410 1,370 2,080 2,719 2010 Households 1,208 3,050 4,444 6,623 2014 Households 1,269 3,296 4,765 7,104 2019 Households 1,464 3,860 5,536 8,284 % Household Change 2000 to 2010 194.6% 122.6% 113.7% 143.6% % Household Change 2000 to 2014 209.5% 140.6% 129.1% 161.3% % Household Change 2010 to 2019 21.2% 26.6% 24.6% 25.1% % Household Change 2014 to 2019 15.4% 17.1% 16.2% 16.6% 2014 Household Size Average Household Size 3.2 3.2 3.2 3.2 % Family Households 83.9% 83.2% 83.2% 83.1% % Nonfamily households 16.2% 16.8% 16.8% 16.9% Page 37

Full Demographic Report Kuykendahl Road and Gosling Road Spring, Texas 77379 0.75 MILE 1.77 SQ/MI 1 MILE 3.14 SQ/MI 1.25 MILE 4.91 SQ/MI 1.5 MILE 7.07 SQ/MI Household Income Trend 2000 Median Income $69,451 $69,468 $68,172 $67,106 2010 Median Income $92,347 $91,498 $91,556 $91,181 2014 Median Income $96,149 $94,530 $94,664 $94,410 2019 Median Income $99,649 $97,794 $97,923 $97,738 % Median Income Change 2000 to 2010 33.0% 31.7% 34.3% 35.9% % Median Income Change 2000 to 2014 38.4% 36.1% 38.9% 40.7% % Median Income Change 2010 to 2019 7.9% 6.9% 7.0% 7.2% % Median Income Change 2014 to 2019 3.6% 3.5% 3.4% 3.5% 2000 Household income: Average $76,138 $78,105 $75,879 $74,034 2010 Household income: Average $108,968 $107,568 $107,581 $107,061 2014 Household income: Average $113,742 $111,550 $111,668 $111,227 2019 Household income: Average $118,674 $116,180 $116,307 $115,902 2014 Household Income up to $24,999 4.9% 4.8% 4.7% 4.8% $25,000 to $49,999 10.3% 10.6% 10.5% 10.6% $50,000 to $74,999 19.0% 19.1% 19.1% 19.2% $75,000 to $124,999 31.8% 32.9% 32.9% 32.8% $125,000 to $199,999 21.0% 20.9% 21.0% 20.8% $200,000 or more 13.0% 11.8% 11.8% 11.7% HOUSING UNITS OVERVIEW 2014 Home Value Median Home Value $176,215 $171,931 $171,870 $171,112 Average Home Value $208,010 $203,505 $203,410 $202,391 2014 Occupancy Households 1,269 3,296 4,765 7,104 Owner Occupied 91.2% 89.3% 89.0% 89.3% Renter Occupied 8.8% 10.7% 11.0% 10.7% Occupancy by Number of Units 1 Unit, Detached 92.8% 92.7% 92.8% 92.5% 1 Unit, Attached 1.9% 1.7% 1.7% 1.7% 2 to 9.5%.4%.4%.5% 10 to 49.3%.2%.2%.2% 50 or more Units.2%.2%.2%.2% Mobile Home 4.3% 4.6% 4.5% 4.7% Boat, RV, Van, etc..0%.2%.1%.2% Page 38

Full Demographic Report Kuykendahl Road and Gosling Road Spring, Texas 77379 0.75 MILE 1.77 SQ/MI 1 MILE 3.14 SQ/MI 1.25 MILE 4.91 SQ/MI 1.5 MILE 7.07 SQ/MI 2014 Occupation Civilian employed population 16 years and over 2,104 5,419 7,787 11,795 White collar 72.2% 72.0% 72.2% 72.1% Blue collar 27.8% 27.9% 27.9% 27.9% 2014 Educational Attainment Population 25 years and over 2,542 6,605 9,537 14,260 No High School Diploma 7.7% 7.4% 7.3% 7.4% High school graduate, GED, or alternative 19.9% 20.2% 20.2% 20.3% College No Degree 24.1% 24.9% 24.9% 24.9% College or Advanced Degree 48.3% 47.5% 47.6% 47.5% 2014 Marital Status Population 15 years and over 2,968 7,806 11,323 16,927 Married 65.6% 65.7% 65.8% 65.4% Not Married 34.4% 34.3% 34.2% 34.6% Average Travel Time to Work Trend 2000 Travel time: Average (in minutes) 30 31 31 31 2010 Travel time: Average (in minutes) 35 35 35 35 2014 Travel time: Average (in minutes) 35 35 35 35 Work at Home Trend % 2000 Workers 16+ years who work at home 2.7% 3.4% 3.2% 3.2% % 2010 Workers 16 years and over who work at h 2.1% 2.5% 2.5% 2.5% % 2014 Workers 16+ years who work at home 2.1% 2.6% 2.6% 2.5% Did Not Work at Home Trend % 2000 Workers 16+ years not work at home 97.3% 96.5% 96.8% 96.8% % 2010 Workers 16+ years not work at home 98.0% 97.5% 97.5% 97.5% % 2014 Workers 16+ years not work at home 97.9% 97.4% 97.4% 97.5% Mode of Transportation to Work Car, truck, or van Drove alone 85.1% 84.7% 84.7% 84.8% Page 39