AllBrands

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LTV (Loan to Value)	0.00%	Current NOI
Interest Rate	0.000%	Cap Rate	0.000%
Fixed Term	5 Years Years	Land Area
Amortization	Years	Lease Type
Loan Amount		Property Type
Payment		Property Lease
Building Size		Remaining Terms

Location Description

Lake Charles, Louisiana is the fifth-largest incorporated city in Louisiana, located on Lake Charles, Prien Lake, and the Calcasieu River. Founded in 1861 in Calcasieu Parish, it is a major industrial, cultural, and educational center in the southwest region of the state.As of the 2010 census, the population was 71,993. Lake Charles is the principal city of the Lake Charles Metropolitan Statistical Area, having a population of 202,040. It is considered a major center of petrochemical refining, gaming, tourism, and education, being home to McNeese State University and Sowela Technical Community College.

Highlights

Absolute NNN Lease - No landlord responsibilities. Located in 1 Million SF Shopping Hub –The subject property is in the Lake Charles Power Center with tenants such as Wal-Mart, Home Depot, Lowe’s Home Improvement, Toys ‘R Us, Office Depot, Old Navy, Chase Bank, Logan’s Roadhouse, Outback Steakhouse, and United Artists Theatre. Attractive Rent Increases –The lease provides for 3% annual escalations throughout the original term and option.Below Market Rent - The rent of $11.64/SF is below market and low for a power center of this size.Former Blockbuster Location - The well-located former Blockbuster site utilizes a versatile 4,700 SF footprint, with the former tenant known for premium retail locations.Value-Added Opportunity - The irreplaceable location within Lake Charles’ Power Center, combined with the low price/SF, offer investors the opportunity to achieve a high yield during the hold period with potential to convert to a high-credit tenant at the conclusion of the lease.Relocation Store - AllBrands is relocating to this desirable location for the premium tenant-mix in the larger Lake Charles Power Center.Road Access | Traffic - The subject property is located on Dillard Loop/ Gerstner Memorial Drive (VPD +29,000), close proximity to Interstate 210 (VPD + 36,000) with total average daily traffic exceeding 65,000.Near Major Sites & Attractions - The subject property is 2.6 miles from the Chennault International Airport, 6 miles from the L’Auberge Casino Resort, and 4.6 miles from downtown Lake Charles, offering plenty of cultural and dining options. A second casino, Golden Nugget Lake Charles, is scheduled to open this fall next to L’Auberge.

NNN Loans Funding

Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.