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      1031 EXCHANGE INVESTMENT OPPORTUNITY

      KOHL'S GROUND LEASE
      Pebble Creek Shopping Center
      Edmond, Oklahoma

      OFFERING PRICE:  $6,972,732 (Cap Rate: 6.15%)
      LAND SIZE:       9.0 acres (Fee title to the land)
      BUILDING SIZE:   85,000 sf prototypical Kohl's Dept Store 
      ANNUAL BASE RENT:$428,823 through 10/2013
                       $450,182 through 10/2023
      OPTION RENT INCREASES AS FOLLOWS:
      Years 21-30 $479,850; Years 31-40 $503,843; 
      Years 41-50 $529,035; Years 51-60 $555,486;
      Years 61-70 $583,261

-Kohl's possesses a S & P "A-" Rating.
-NYSE (KSS) 
 
-Principals or Brokers Direct with Principals Please.

-Contact: RAY KREGER, President
          DISCOVERY REALTY ADVISORS, INC
          561-276-1031
          [EMAIL PROTECTED]
                                             

                      
      





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