89 Westbank Expy
Gretna, LA 70053

The offering provides an opportunity to acquire a net leased Walgreens store (NASDAQ: WBA) in Gretna, Louisiana, a suburb of New Orleans. Walgreens has approximately 12.5 years left on its lease with an additional 7 options to renew. The lease is double net, with the landlord responsible for roof and structure. The subject property is located at the prominent intersection of Stumpf Boulevard and Westbank Expressway, which is the dominant commercial arterial in Gretna. Westbank Expressway runs parallel to Business Route 90, which is the primary road linking the suburbs south of the Mississippi River (West Bank) to downtown New Orleans. Walgreens is across the street from The Home Depot, adjacent to Academy Sports, and surrounded by a plethora of other nationally branded retail stores and restaurants, including Planet Fitness, Taco Bell, McDonalds, Wendy’s, AutoZone, Floor & Décor, Smoothie King and Rouse’s Markets. It is located a couple blocks from the Oakwood Center, a Brookfieldowned mall which features Marshall’s, Sear’s, Forever 21, Dick’s Sporting Goods, Foot Locker, Dollar Tree, Chick-Fil-A and numerous other tenants. IN CONJUNCTION WITH AL LICENSED BROKER: Williams Properties, Inc. Baton Rouge, LA Kirk Williams Kirkwil@cox.net 225.907.3681