Multi-Tenant Retail Development: Roanoke Village Pad 1

RVTX Partners, LLC is a joint venture sponsored by three seasoned development firms—Urbana Holdings, MTX Hospitality, and VTP Capital Partners. Investors have the opportunity to participate in the ground-up development of Roanoke Village Pad 1, a multi-tenant retail asset located in the growing market of Roanoke, TX. This project is part of the larger Roanoke Village mixed-use development and seeks $1 million in Limited Partner (LP) equity, which will be complemented by over $830,000 in sponsor equity to fully capitalize the development of Pad 1. With 37% of the leasable area pre-committed to D1 Training and strong tenant demand in the area, this investment offers a compelling risk-adjusted return profile, projecting:

• +20% XIRR over a three-year hold period
• 1.6x Equity Multiple

Roanoke Village Pad 1 represents an attractive opportunity to invest alongside experienced sponsors in a high-growth market with strong fundamentals.

• High-Growth Submarket: Located in Roanoke, TX, within the rapidly expanding Dallas-Fort Worth Metroplex.
• Strategic Location: Part of Roanoke Village, positioned between Westlake and AllianceTexas, near major corporate and leisure demand generators.
• Pre-Leased Anchor Tenant: 37% pre-leased to D1 Training, a national fitness brand, providing immediate income upon completion.
• Strong Return Potential: Projected +20% XIRR and 1.6x Equity Multiple over a 3-year hold period.
• Experienced Development Team: Developed by Urbana Holdings, MTX Hospitality, and VTP Capital Partners with over 50 years of collective experience.
• Attractive Financing: Construction financing secured from Happy State Bank, with principal guarantees from Sponsors.
• Value-Add Opportunity: Potential for refinancing and sale to 1031 exchange buyers upon stabilization.

Sponsor Team - RVTX Partners, LLC

Allan Gutierrez

Principal

Responsible for daily oversight of company operations, evaluating development and acquisition opportunities, geographic and investment expansion, and managing key capital and business relationships.

Ed Nolan

Principal

Responsible for oversight of asset management and investor reporting, acquisition financing, and identifying and underwriting investment opportunities.

Al Karmali

Principal

Responsible for daily oversight of diversified portfolio of companies active in all manners of real estate ownership, development, construction and management.

Tim Nystrom

Principal

Leads daily oversight of company operations with particular attention to development and entitlement matters, as well as management of capital and partner relationships.

David Petersen

Principal

Responsible for oversight of company underwriting, structuring and financing initiatives, as well as ongoing involvement in managing and expanding strategic relationships for the firm.

• Property Type: Multi-Tenant Retail Pad (Pad 1 of Roanoke Village)
• Location: Roanoke Village, Roanoke, TX (730 State Hwy 377, Roanoke, TX 76262)
• Building RSF: 11,387 SF
• Pre-Leasing: 37% pre-leased to D1 Training
• Tenancy: Five units planned, including an end-cap unit with drive-thru capability
• Anchor Tenant: D1 Training (elite athlete fitness center)
• Marketing Focus: Targeting retail tenants like Verizon Wireless or small healthcare offices.
• Larger Development: Part of Roanoke Village, a mixed-use hospitality, retail, and medical office center.

Roanoke, TX, benefits from strong market dynamics within the Dallas-Fort Worth Metroplex:

• DFW Growth: Dallas-Fort Worth is experiencing significant population and economic growth, driving demand in neighboring submarkets like Roanoke.
• Strategic Location: Roanoke Village is strategically positioned between Westlake and AllianceTexas, major employment and residential hubs.
• Pro-Business Environment: Texas and Roanoke offer a favorable investment climate with a pro-business government.
• Strong Retail Demand: North Texas leading the nation in retail development and tenant demand, with low availability rates and increasing rents.
• Corporate Demand Generators: Proximity to AllianceTexas (480+ companies, 55,000 employees), Circle T Ranch (Charles Schwab HQ), and Highway 114 business corridor (major corporations).
• Residential Growth: Migration of residents from Dallas-Fort Worth to northern counties boosting local economy.

Key Financial Metrics:

• LP Equity Request: $1,000,000
• Total Project Capitalization (Pad 1): $4,537,815
• Projected Equity IRR: 20.2%
• Projected Equity Multiple: 1.6x
• Average ROI: 53.4% over 3-year hold
• Preferred Return: 8.0% annually to Equity Investors
• Targeted Exit Cap Rate: 6.5%
• Projected Sale Price: $500/SF

Sources and Uses of Funds (Pad 1):

Roanoke Village Pad 1 benefits from a prime location within Roanoke Town Center, offering:

• Roanoke Town Center: Heart of Roanoke, TX, with walkability to downtown restaurants, shops, and entertainment.
• Proximity to Major Developments: Near AllianceTexas (26,000 acres, 480+ companies), Circle T Ranch (Charles Schwab HQ), and Highway 114 business corridor.
• Corporate Demand: Located in the growth path of the Westlake/Southlake financial services quadrant, attracting businesses and employees.
• Accessibility: Situated on Highway 377, with easy access to Northwest Parkway 114, Alliance Gateway Freeway 170, and I-35W.
• High Traffic Location: Excellent visibility and accessibility on a major thoroughfare.
• Growing Residential Area: Surrounded by expanding residential communities in Roanoke and neighboring cities.

• Land Acquisition: Completed July 2022 (for Roanoke Village site)
• Pre-Leasing: Ongoing, 37% pre-leased to D1 Training
• Construction Financing: Secured from UMB Bank on September 30th
• Construction Start: October 2025
• Stabilization: Anticipated within 18 months of construction completion
• Hold Period: 3 Years

Investing in Roanoke Village Pad 1 offers compelling advantages:

• Attractive Returns: Projected 20% XIRR and 1.6x equity multiple provide strong returns.
• Experienced Sponsorship: Urbana Holdings, MTX Hospitality, and VTP Capital Partners bring a strong track record.
• Strategic Asset Class: Retail sector benefiting from a return to brick-and-mortar and strong tenant demand in North Texas.
• Favorable Entry Basis: Sponsor's attractive land basis and pre-development work reduce risk.
• Recession-Resistant Market: Dallas-Fort Worth MSA and Roanoke submarket demonstrate resilience and growth potential.
• Value Creation Opportunity: Ground-up development allows for value creation through lease-up and strategic exit.
• Alignment of Interests: Significant Sponsor co-investment aligns interests with LP investors.