| A+ Irreplaceable Location: Prime outparcel/shadow anchor to Cordova Mall, a top-performing regional mall with 8M+ annual visitors |
| Rare Chick-fil-A: With double drive thru on an absolute NNN ground lease, plus built-in value-add potential with the adjoining retail center included. |
| NNN & Ground Lease Structure: Features a corporate Chick-fil-A NNN ground lease at low rent and NNN leases with all inline tenants |
| Significant Value-Add Opportunity: Lease-up of remaining vacancy delivers a projected 7.27% cap rate by year two |
| Newer Roof: The roof on the retail center was recently replaced in 2018 and includes a 15-year transferable warranty. |
| Exceptional Visibility & Access: Located along Bayou Blvd with 23,000+ vehicles per day, offering high visibility, prominent signage, and easy ingress |
Tarek Chbeir
Marcus & Millichap
