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B e a u j . b o xBROKER OF RECORD

LIC # BROK.0000072286.A-ACTRepresentative Photo

r a h u l c h h a j e d

Single Tenant Net Lease

rahul .chhajed@matthews.comDIR (949) 432-4513MOB (818) 434-1106LIC # 01986299 (CA)

a r o n c l i n e

SVP & Senior Director

aron.c l ine@matthews.comDIR (949) 432-4509MOB (818) 632-0233LIC # 01904371 (CA)

m i c h a e l m o r e n o

Senior Associate

michael .moreno@matthews.comDIR (949) 432-4511 MOB (818) 522-1497 LIC # 01982943 (CA)

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• 10,908 SF Freestanding CVS (BBB+ S&P) on Approximately 1.57 Acres

• Primary Lease Term Through 12/31/18 with Four Renewal Options Remaining

• Hard Corner at Signalized Intersection

• Excellent Signage and Visibility

• 140,000+ residents within a 5-mile radius

• Building is situated on a 1.57 AC lot

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Annualized Operating DataMonthly Rent Annual Rent Cap Rate Increases

Current - 12/31/2018 $25,320.93 $303,851.10 15.00% 1.70%

Option 1 $25,775.43 $309,305.10 15.27% 1.70%

Option 2 $26,229.93 $314,759.10 15.54% 1.70%

Option 3 $26,684.43 $320,213.10 15.81% 1.70%

Option 4 $27,138.93 $325,667.10 16.08% 1.70%

C V S2755 Hollywood AvenueShreveport, LA 71108

List Price ................................................................................. $2,025,000

CAP Rate - Current ........................................................................ 15.00%

Gross Leasable Area ............................................................± 10,908 SF

Lot Size .................................................................................. ± 1.57 Acres

Year Built ..............................................................................................1998

Tenant Summary

Tenant Trade Name CVS

Type of Ownership Fee Simple

Lease Guarantor Eckerd Corporation

Lease Type NNN

Roof and Structure Tenant Responsible

Original Lease Term 20 Years

Lease Commencement Date 12/02/1998

Lease Expiration Date 12/31/2018

Term Remaining on Lease ± 1.25 Years

Increases 1.70%

Options Four, 5-Year Options

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* Tenant is not expected to renew the lease*

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Property Name CVS

Property Type Net Leased Drug Store

Company Trade Name CVS Health Corporation (NYSE: CVS)

Ownership Public

Credit Rating (S&P) BBB+

No. of Locations ± 9,700

No. of Employees ± 243,000

Headquartered Woonsocket, Rhode Island

Web Site www.cvs.com

Year Founded 1963

TENANT OVERVIEWCVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail/LTC segments. The Pharmacy Services segment offers pharmacy benefit management solutions, such as plan design and administration, formulary management, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network management services, prescription management systems, clinical services, disease management programs, and medical pharmacy management services. The Retail/LTC segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, seasonal merchandise, and greeting cards, as well as provides photo finishing services. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. Hook-SupeRx, LLC operates as a subsidiary of CVS Health Corporation and retails drugs in the United States. It is based in Indianapolis, Indiana and does business as CVS

Pharmacy.

GEOGRAPHIC REACHCVS drugstores span across 49 U.S. states, the District of Columbia, Brazil and Puerto Rico. The company also operates Longs Drugs banner in California, Hawaii,

Nevada and Arizona. Around 1,000 store locations throughout 31 states and in Washington D.C. also have Minute Clinics.

STRATEGY

CVS continues to evolve from being a general pharmacy store, expanding into more specialty fields of the fast-growing healthcare market. The company’s Retail

Pharmacy Store Development plan, which focuses on entering new markets, adding stores in existing markets, and relocating stores to more convenient sites, has

been essential for business growth and in keeping up with Walgreens. CVS has been successful in its ventures for its store count has increased from 7,388 stores

at the end of 2011 to nearly 9,700 stores today. In addition to opening new stores, CVS has made efforts to increase sales at existing ones. Prescription drugs

account for more than two-thirds of its sales, and the retailer is attempting to grow revenues from over-the-counter medications and general merchandise through

its growing private-label product offering.

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t h e o f f e r i n g

Property Name CVS

Property Address 2755 Hollywood Avenue

Shreveport, LA 71108

Assessor’s Parcel Number 171422-076-0001-00

Site DescriptionNumber of Stories One

Gross Leasable Area (GLA) ± 10,908 SF

Lot Size ± 1.57 Acres (68,346 SF)

Type of Ownership NNN

Parking ± 65 Surface Spaces

Parking Ratio 5.96 : 1,000 SF

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Hollywood Ave ±11,000 ADT

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d e m o g r a p h i c sPOPULATION 1 Mile 3 Mile 5 Mile

2022 Projection 10,483 65,110 140,304

2017 Estimate 10,691 66,619 142,389

2010 Census 11,249 70,495 148,278

2000 Census 11,277 77,821 154,820

HOUSEHOLDS 1 Mile 3 Mile 5 Mile

2022 Projection 3,716 25,699 58,859

2017 Estimate 3,771 26,036 59,258

INCOME 1 Mile 3 Mile 5 Mile

2017 Est. Average Household Income

$35,616 $48,229 $56,965

S h r e v e p o r t, L A

As the th i rd - larges t c i t y in the s tate of Louis iana and the seat of Caddo Par ish , Shrevepor t ex tends a long the Red River. Shrevepor t was once a major p layer in Uni ted States o i l business , and at one t ime could boas t Standard Oi l of Louis iana as a local ly based company. Recent ly, Shrevepor t has largely t ransi t ioned in to a ser v ice economy speci f ica l ly wi th in the gaming indus t r y and tour ism.

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The Shrevepor t- Bossier Ci t y was recent ly named as a growing area for the technology indus t r y by technology magazine “ Innovat ion and Tech Today”. The recent increase in tech indus t r y jobs through employers such as CSR A and Eate l has put the area on a shor t l i s t of p laces to watch . The growing number of technology and IT companies located in the region has created near ly 3 ,000 new tech jobs in the las t few years .

In addi t ion to the tech grow th, the region has seen an increase of For tune 500 companies l ike Centur yLink and IBM to technology s tar t -ups such as CyberReef Solut ions . Shrevepor t a l lows those who l i ve there to work v i r tua l ly any where.

Shrevepor t- Bossier Ci t y MSA is the commercia l and cul tura l center of the t r i - s tate area where Arkansas , Louis iana and Texas meet . Shrevepor t is home to the Barksdale A i r Force base, which consis t s of the A i r Force G lobal St r ike Command,Eighth A i r Force and Second Bomb Wing and suppor t s the local economy wi th over 12,300 employees and an annual economic impac t of near ly $1 b i l l ion . Home to four r iverboat cas inos/hote ls as wel l as Harrah’s Louis iana Downs, prov id ing s tab le employment oppor tuni t ies as wel l as an ample tour is t populat ion .

t o p e m p l o y e r s

1 . Barksdale A i r Force Base

2. Caddo Publ ic Schools

3. State of Louis iana

4. Univers i t y Heal th

5. Wi l l i s - Knighton Heal th Sys tem

6. Bossier Par ish School Sys tem

7. Ci t y of Shrevepor t

8. Wal - Mar t /Sam’s Stores

9. Chr is tus Schumper t Heal th Sys tem

10. Harrah’s /Horseshoe Casinos

This Offer ing Memorandum contains select informat ion pertaining to the business and af fa i rs of CVS located at 2755 Hollywood Avenue, Shreveport, LA 71108 (“Property”) . I t has been prepared by Matthews Real Estate Investment Services. This Offer ing Memorandum may not be al l - inclusive or contain a l l of the informat ion a prospect ive purchaser may desire. The informat ion contained in th is Offer ing Memorandum is conf ident ia l and furnished solely for the purpose of a review by a prospect ive purchaser of the Property. I t is not to be used for any other purpose or made avai lable to any other person without the wri t ten consent of Sel ler or Matthews Real Estate Investment Services. The mater ia l is based in part upon informat ion suppl ied by the Sel ler and in part upon f inancial informat ion obtained from sources i t deems rel iable. Owner, nor their of f icers , employees, or agents makes any representat ion or warranty, express or impl ied, as to the accuracy or completeness of th is Offer ing Memorandum or any of i ts contents and no legal l iabi l i ty is assumed or shal l be impl ied with respect thereto. Prospect ive purchasers should make their own project ions and form their own conclusions without rel iance upon the mater ia l contained herein and conduct their own due di l igence.

By acknowledging your receipt of th is Offer ing Memorandum for the Property, you agree:

1 . The Offer ing Memorandum and i ts contents are conf ident ia l ;

2 . You wi l l hold i t and treat i t in the str ictest of conf idence; and

3. You wi l l not , d i rect ly or indirect ly, d isclose or permit anyone else to disclose this Offer ing Memorandum or i ts contents in any fashion ormanner detr imental to the interest of the Sel ler.

Owner and Matthews Real Estate Investment Services expressly reserve the r ight , at their sole discret ion, to reject any and al l expressions of interest or of fers to purchase the Property and to terminate discussions with any person or ent i ty reviewing this Offer ing Memorandum or making an of fer to purchase the Property unless and unt i l a wr i t ten agreement for the purchase and sale of the Property has been ful ly executed and del ivered.

I f you wish not to pursue negot iat ions leading to the acquis i t ion of the Property or in the future you discont inue such negot iat ions, then you agree to purge al l mater ia ls relat ing to th is Property including this Offer ing Memorandum.

A prospect ive purchaser ’s sole and exclusive r ights with respect to th is prospect ive t ransact ion, the Property, or informat ion provided herein or in connect ion with the sale of the Property shal l be l imited to those expressly provided in an executed Purchase Agreement and shal l be subject to the terms thereof. In no event shal l a prospect ive purchaser have any other c la ims against Sel ler or Matthews Real Estate Investment Services or any of their af f i l iates or any of their respect ive of f icers , Directors , shareholders, owners, employees, or agents for any damages, l iabi l i ty, or causes of act ion relat ing to th is sol ic i tat ion process or the market ing or sale of the Property.

This Offer ing Memorandum shal l not be deemed to represent the state of af fa i rs of the Property or const i tute an indicat ion that there has been no change in the state of af fa i rs of the Property s ince the date this Offer ing Memorandum.

C O N F I D E N T I A L I T Y & D I S C L A I M E R S TAT E M E N T

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CVS2 7 5 5 H o l l y w o o d A v e n u e | S h r e v e p o r t , L A

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r a h u l c h h a j e d

Single Tenant Net Lease

rahul .chhajed@matthews.comDIR (949) 432-4513MOB (818) 434-1106LIC # 01986299 (CA)

a r o n c l i n e

SVP & Senior Director

aron.c l ine@matthews.comDIR (949) 432-4509MOB (818) 632-0233LIC # 01904371 (CA)

B e a u j . b o xBROKER OF RECORD

LIC # BROK.0000072286.A-ACT

m i c h a e l m o r e n o

Senior Associate

michael .moreno@matthews.comDIR (949) 432-4511 MOB (818) 522-1497 LIC # 01982943 (CA)