• Premier Tenant: Walgreen Co. (S&P: BBB), a subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA), operates 9,175 stores across 50 states, the District of Columbia and Puerto Rico. Walgreens Boots Alliance Inc. reported total revenues of $137.4 billion and net income of $3.7 billion as of November 30, 2019. • Attractive Long-Term Absolute NNN Lease: 25-year Absolute NNN Lease with±10.2 years of primary lease term remaining and ten 5-year options–No Landlord responsibilities. • Proven Location: This Metairie location boasts very strong annual store-level sales of 4.81 million. • Excellent Visibility: The property is ideally positioned on a hard corner at the signalized intersection of one of the area’s heaviest traveled arteries, West Esplanade Avenue, and Clearview Parkway (Combined Traffic Count: 71,218 VPD) just 1 mile north of Interstate 10 (165,845 VPD) which connects Metairie to the New Orleans CBD. • Dominant Retail and Commercial Corridor: 9.9 MSF of retail, 1.2 MSF of industrial and 8.9 MSF of office space within a 3-mile radius. The immediate retail corridor is highlighted by the 967,000-square foot Lakeside Shopping Center (Anchors: Dillards, Macy’s and JCPenney). Other major retailers with a presence in the immediate vicinity include: Target, Whole Foods, Lowe’s, Dick’s Sporting Goods, Resoration Harware, Bed Bath & Beyond, Best Buy, Stein Mart, Trader Joe’s, Barnes & Noble, Mattress Firm, CVS, Mercedes Benz, Rooms to Go, Sprint, Capital One Bank, Dollar Tree, Applebee’s, Shell, and UPS, among many others. • East Jefferson Advantage: Property is just 0.3 miles west of the 420-bed East Jefferson General Hospital which provides Walgreens with a large built-in customer base. With over 3,000 physicians and staff members, the hospital is one of the largest employers in Jefferson Parish and has been in operation for more than 40 years. • Metairie Market: Metairie is the first suburb of New Orleans and one of the oldest cities in the U.S. It is located on the south shore of Lake Pontchartrain 6 miles northwest of Downtown New Orleans. Part of the New Orleans MSA (Population: 1.45 million), the city has more than 138,400 people. Metairie’s historical residential base has shifted from a primarily suburban residential community, to various mixed commercial uses including retail malls, shopping centers, office buildings, night clubs and entertainment. • Dynamic Infill Demographics: The area benefits from dynamic infill demographics with a population of 113,657, average annual household income of $79,021 and 13,937 multi-family units within a 3-mile radius. • New Orleans Market: Undoubtedly one of the most fascinating cities in the U.S., New Orleans is full of vibrant restaurants, charming neighborhoods, famous bars, jazz clubs, historic monuments and culture influenced by Europe, the Caribbean, Africa and beyond. New Orleans is a major port and city in the South located on the banks of the Mississippi River, upriver from the Gulf of Mexico. Tourism is the staple of the city’s economy as a $5.5 billion industry and 40% of the city’s tax revenues.