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OFFERING MEMORANDUM Seasoned Operator New NNN Lease LEESVILLE LOUISIANA

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Page 1: (NEED TO UPDATE) · 2020. 1. 9. · Vaughn Santa Rosa Tucumcari Las Vegas Springer Raton Deming Lordsburg Socorro Gallup Taos Amarillo ... Detroit Lakes Bemidji Grand Rapids Virginia

(NEED TO UPDATE)

OFFERING MEMORANDUM

Seasoned Operator New NNN Lease

LEESVILLELOUISIANA

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(NEED TO UPDATE)

CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICEMarcus & Millichap Real Estate Investment Services, Inc. (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of w, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.

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WASHINGTON

OREGON

CALIFORNIA

NEVADA

UTAH

MONTANA

WYOMING

COLORADO

NEW MEXICO

TEXAS

OKLAHOMA

KANSAS

NEBRASKA

SOUTH DAKOTA

NORTH DAKOTA MINNESOTA

IOWA

MISSOURI

ARKANSAS

LOUISIANA

WISCONSIN

ILLINOIS

MISSISSIPPI

ALABAMA GEORGIA

FLORIDA

TENNESSEE

KENTUCKY

INDIANA

MICHIGAN

OHIO

NORTH CAROLINA

VIRGINIA

PENNSYLVANIA

NEW YORK

MASS

N.H.

VT.

W VIRGINIA

DELAWARE

NEW JERSEY

CONN RHODE ISLAND

MAINE

ARIZONA SOUTH CAROLINA

MARYLAND

IDAHO

QUEBECONTARIO

MANITOBASASKATCHEWANALBERTA

BRITISH COLUMBIA

'NEW

BRUNSWICK

NOVASCOTIA

PRINCEEDWARDISLAND

SONORACHIHUAHUA

NUEVOLEON

COAHUILA

BAJA CALIF.

San Clemente Island

Santa Catalina Island

Olympia

Everett Bellevue

Salem

Carson City

NorthLas Vegas

Provo

Helena

Great Falls

Cheyenne

Pueblo

Boulder

Santa Fe

Las Cruces

Lawton

Edmond

Enid

Lawrence

Pierre

Bismark

Bloomington

Duluth

Rochester

Dubuque Sioux City Waterloo

Jefferson City

Independence

St Joseph

Columbia

Fort Smith North

Little Rock

Pine Bluff

Lafayette Lake Charles

Green Bay

Kenosha West Allis

Joliet

Clarksville

Tuscaloosa

Dothan

Frankfort

Owensboro

Tallahassee

Albany

Macon

Greenville

NorthCharleston

Durham

Greensboro

Asheville

Chesapeake

South Bend

Evansville

Youngstown

Lansing

Augusta

Portland Montpelier

Concord

Albany Utica

Harrisburg

Allentown Trenton

Dover

Wilmington

Annapolis

Ellensburg

Yakima Ritzville

Pasco

Oroville

Kelso

Walla Walla

Forks

Shelton

Madras

Pendleton

Bend John Day

Riley Vale

BumsJunction

Grants Pass

Klamath Falls

Lakeview Crescent City

Eureka Weed

Redding

Alturas

Susanville

Santa Rosa Napa

Palo Alto

Bishop

Paso Robles

San Luis Obispo

Santa Barbara Ventura

Oxnard

Independence

Johannesburg

Barstow

Alpine Blythe

Needles

Fredonia Page

Kayenta

Tuba City

Kingman

Ash Fork

Wickenburg

Sedona Holbrook

St John's

Springerville

Casa Grande

Benson

Nogales

Yuma Globe

Safford

Monticello

GreenRiver

Salina

Price Delta Duchesne

Vernal Heber City

Wendover

Logan

Cedar City

Soda Springs Pocatello

Rupert Twin Falls

Carey

Arco

Idaho Falls

Humphrey

Challis Weiser

Grangeville

Lewiston

Coeur d' Alene

Kalispell Shelby

Havre

Malta

Glendive

Miles City

Forsyth

Roundup

Bozeman

Butte

Missoula

Hardin

Alzada

Laramie

Rawlins Wheatland

Douglas Casper

Green River

Kemmerer

Pinedale

Hoback Junction

Riverton

West Thumb

Lovell Sheridan

Greybull Buffalo Gillette

Moorcroft

Trinidad

Lamar Monte Vista Durango

Cortez

Montrose

Grand Junction

Salida

Limon

Brush

Sterling Greeley

Craig

Carlsbad

Artesia

Roswell

Alamogordo

Vaughn Santa Rosa

Tucumcari

Las Vegas

Springer

Raton

Deming Lordsburg

Socorro

Gallup

Taos

Amarillo

Dalhart

Shamrock

Lubbock

Van Horn Pecos

Fort Stockton

Odessa Big Spring

Lamesa

Clovis

Guthrie

San Angelo

Beaumont

Victoria

George West

Brownsville McAllen

Laredo

Junction

Abilene

Waco

Longview

Houma

Alexandria

Texarkana El Dorado

Jonesboro Fayetteville

Harrison

Conway

Joplin

Nevada

West Plains

Rolla

Macon Bethany

Spencer Mason City

Fort Dodge

Carroll

Osceola Ottumwa Burlington

Ardmore Atoka

Muskogee Stillwater

Bartlesville Ponca City

Boise City Guymon Coffeyville

Hutchinson Emporia

Manhattan

Salina Hays

Garden City

Dodge City

Colby Smith Center

Chadron

Scottsbluff

Sidney

Ogallala North Platte

Thedford

Ansley

Grand Island

McCook Hastings

Northfork

O'Neill

Buffalo

Dupree Aberdeen

Gettysburg Watertown

Hot Springs

Martin

Wall Murdo

Winner Mitchell

Williston

Belfield

Bowman

Minot

Rolla

Carrington

Jamestown

Ellendale

Grand Forks

Jackson

Mankato Lake Benton

St Cloud

Fergus Falls

Detroit Lakes

Bemidji Grand Rapids

Virginia

Biloxi Pascagoula

Hattiesburg

Meridian

Greenwood

Tupelo

Natchez

Grove Hill

Evergreen

Anniston

Gadsden Decatur

Florence

Cleveland

Kingsport

Murfreesboro Jackson

Dyersburg

Cookville

Paducah Bowling Green

Somerset Corbin

Carbondale

Mt Vernon

Mattoon

Bloomington

Galesburg

La Salle

La Crosse

Stevens Point

Eau Claire

Cameron

Eagle River

Laona

Wentworth

Petoskey

Alpena Traverse

City

Cadillac

West Branch

Mount Pleasant

Saginaw

Holland

Kalamazoo Benton Harbor

Seymour Vincennes

Kokomo Lafayette

West Palm Beach

FortPierce

Melbourne

Daytona Beach Gainesville

Ocala

Naples Fort Myers

Sarasota

Pensacola

Valdosta

Waycross Brunswick

Cordele

Augusta

Athens Gainesville

Dalton

Portsmouth

Springfield

Lima

Findlay Mansfield Canton

Warren Meadville Williamsport

Scranton

Van Buren

Houlton

Jackman

Bangor

Burlington

Rutland Lebanon

St Johnsbury

Elmira

Watertown

Plattsburgh

Binghamton

Provincetown

Newport New Bedford

Waterbury New London

Atlantic City Cumberland

Salisbury

Wheeling Morgantown

Clarksburg Parkersburg

Beckley

Winchester

Staunton

Fredericksburg

Lynchburg

Danville

Roanoke

Martinsville

Wilmington

Morehead City

Manteo

Jacksonville

Greenwood

Orangeburg Myrtle Beach

Key West

Winnemucca

Fallon

Wells

Ely

Tonopah

Boulder City Bakersfield

Del Rio

Fayetteville

Walsenburg

Minden Monroe

ThunderBay

ReginaMedicineHat

Hermosillo

Los Mochis

Tijuana

Fredericton

Charlottetown

Sault Ste Marie Sudbury

Marshalltown

AlbertLea

InternationalFalls

Astoria

Vail

LaJunta

SalinasMonterey

Carmel

Hawthorne

Palm SpringsPalm

Desert

Lompoc Santa Ynez

Santa Maria

Prescott

Galveston

Douglas

Nacogdoches

Huntsville

HotSprings

Opelika

PanamaCity

Brooksville

CapeCanaveral

Huntington

Niagara Falls

Marquette

Springfield Worcester

Hartford

Rockford

Tacoma Spokane

Las Vegas

Reno

Anaheim

Fresno

Modesto

Long Beach

San Jose

Oakland

Riverside

Mesa

Tucson

Salt Lake City

Boise

Billings

Aurora

ColoradoSprings

Albuquerque

Austin

Arlington

Corpus Christi

El Paso

Oklahoma City

Tulsa

Topeka

Kansas City

Wichita

Lincoln Omaha

Sioux Falls

Rapid City

Fargo

St Paul

Des Moines Davenport

Cedar Rapids

Springfield

Little Rock

Baton Rouge

Shreveport

Madison

Springfield

Peoria

Nashville

Chattanooga

Knoxville

Memphis

Jackson

Montgomery

Birmingham

Huntsville

Mobile

Lexington Louisville

Fort Lauderdale

Columbus Savannah

Columbia

Charleston

Raleigh Winston- Salem

Charlotte

Richmond Newport News

Norfolk

Charleston

Fort Wayne

Gary Akron

Dayton

Toledo

Flint Grand Rapids Warren

Providence Rochester

Syracuse

Bridgeport Erie

Newark

Flagstaff

Ottawa

Monterrey

Chihuahua

Ciudad Juarez

Halifax

Matamoros

Eugene

Virginia Beach

Orlando

Quebec'

Toronto

WinnipegSeattle

Chicago

Houston

DallasFt. Worth

Pittsburgh Baltimore

DC

San Diego

Cincinnati

Milwaukee

Kansas City

Buffalo

Portland

San Antonio New Orleans

Sacramento San Francisco

Phoenix

Denver

Minneapolis

St Louis

Jacksonville

Tampa

Atlanta

Indianapolis Columbus

Cleveland Detroit

St Petersburg

Miami

Montreal ´

Boston

Los Angeles

New York

Philadelphia

MEXICO

MEXICO

CANADA

CANADA

CANA

DA

HOUMA

NEW IBERIA

SLIDELL

ABBEVILLE

BAKER

BASTROP

BAYOU CANE

BOGALUSA

CROWLEY

DE RIDDER

EUNICE

FORT POLK SOUTH

HAMMOND

JENNINGS

LAPLACE

MINDEN

MORGAN CITY

NATCHITOCHES

OPELOUSAS

PINEVILLE

RUSTON

SCOTLANDVILLE

SULPHUR

TALLULAH

THIBODAUX

VIOLET

WEST MONROE

COVINGTON

METAIRIE

ALEXANDRIA

BOSSIER CITY

KENNER

LAFAYETTELAKE CHARLES

MONROE

NEW ORLEANS

SHREVEPORT

BATON ROUGE

165

165

165

165

165

165

165425

165

165

167

167

167

167

167

167

167

171

171

171

171

171

171

190

190

190 190190

190

51

61

61

61

61

65

65

65

65

71

71

71

71

71

71

79

79

80

8080

80

80 80

80

84

84

84

84

84

90

90

90

90

90

90

90

90

10

10

10

59

10

10

10

1010

12

12

2020

20

20

20

49

49

49

49

49

49

55

55

Investment Summary .........................................1Investment Highlights.........................................2Aerial Map .........................................................5Tenant Summary ................................................7Site Plan ............................................................8Area Map .........................................................10 Location Overview ............................................11Location Highlights ...........................................12Demographics ..................................................13

TABLE OF CONTENTS

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O V E R V I E WPrice $1,150,000

Gross Leasable Area (GLA) 2,800 SF

Lot Size (approx.) 0.60 Acres

Net Operating Income $62,424

CAP Rate 5.43%

Year Built 1990

L E A S E A B S T R A C TLease Type NNN

Original Lease Term 20 Years

Lease Start (Estimate) 11/16/2017

Lease Expiration (Estimate) 11/15/2037

Renewal Options 3x5

Increases 2% Annual Increases

Landlord Obligation None At All

1402 SOUTH 5TH STREET, LEESVILLE, LA 71446

PRICE: $1,150,000 CAP: 5.43% RENT: $62,424

INVESTMENT SUMMARY

A N N U A L I Z E D O P E R AT I N G D ATA

Lease Term Annual Rent

Current Term $62,424.00

2020 $63,672.48

2021 $64,945.93

2022 $66,244.85

2023 $67,569.75

2024 $68,921.14

2025 $70,299.56

2026 $71,705.55

1

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INVESTMENT HIGHLIGHTSThis passive investment opportunity offers a buyer the possibility to acquire a true sleep-at-night investment.

The lease is a 20-year true NNN lease (no landlord obligations). The lease commenced in 2017, and offers annual rent escalations which hedges against inflation.

The Tenant is responsible for all aspects of the maintenance and operation of the facility, including CAMs, Real Estate Taxes, Insurance, Roof and structural aspects, and landscaping.

The lease is backed by a seasoned operator, Turbo LLC a 80 plus Arby’s Franchisee in Dallas, TX. Further Turbo is part of Sun Holdings a mega 1,000 unit multi Brand Company operating Burger Kings, Popeyes, GNC stores, T Mobile, Krispy Kreme and Golden Corral.

NNNNNN lease -

no landlord obligations.High visibility with 23,041 +/- vehicles passing in front of

the site daily.

Located just south of Louisiana’s largest

opportunity zone, the area is poised to experience

significant growth.

Annual rent bumps hedges against inflation.

Located along the Causeway which is the main

thoroughfare thru Leesville

2

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INVESTMENT HIGHLIGHTS

t New 20 Year Absolute-Net Lease with 3-5 Year Options and 2% Annual Increases

t Located on Main Retail Corridor with Numerous Surrounding National Retailers

t Multi-Unit Guarantee

28,646 VPD

18,874TOTAL POPULATION WITHIN 5-MILE RADIUS

$56,222AVERAGE HOUSEHOLD INCOME WITHIN 5-MILE RADIUS

- S 5TH ST

4

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Byrd Regional Hospital

Doctors Hospital At Deer Creek

Eaves Apartments

Vernon Parish Sheriff’s Office

S 5T

H S

T –

28,6

46 V

PD

S 5T

H S

T –

28,6

46 V

PD

McDonald’sMcDonald’s

5

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TENANT SUMMARY

SHREVPORT, LA HEADQUARTERS (INTERNATIONAL / US)

LEASE GUARANTOR OWNERSHIP

# OF LOCATIONSTENANT

PRIVATE

80TURBO, LLC

FRANCHISEE

ARBY’S

WEBSITE

WWW.ARBYS.COM

30+ YEARSYears in Business

ARBY’SArby’s is a 52-year-old legacy brand in the midst of a growth spurt. Arby’s Restaurant Group, Inc. owns, operates, and franchises quick-service sandwich restaurants with menu items that include meats, sliders, salads, sides, beverages, and desserts. Arby’s was founded in 1964 and is headquartered in Atlanta, Georgia. Roark Capital Group acquired the company in July 2011 and owns 81.5% of the company, with The Wendy’s Company owning the other 18.5%. Arby’s has more than 3300 restaurants and with plans to open more. Their franchisees are also expanding their operations. For instance, United States Beef Corporation (U.S. Beef), which owns more than 330 Arby’s locations nationwide, plans to expand to 400 locations by 2020. AEG Group LLC, which is owned by former RTM Restaurant Group president John Wade, has 21 Arby’s® restaurants and hopes to aggressively expand by 2025.

7

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S 5T

H S

TREE

T

S 4T

H ST

REET

ABE ALLEN MEMORIAL DRIVE

SITE PLAN

8

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171

Leesville

FOUR WINDSCHEROKEE

SDSTA

Nolan Trce

N 6t

h St

N 5

th S

t

S 5t

h St

Colony Blvd

S 6t

h St

Slagle Rd

E Lula St

University PkwyS

3rd

St

Malcolm

Smart Rd

Red

Town

Rd

Belview Rd

S 1st St

N 1st St

N 3rd St

Hanna

Rd

Berry

Dr

Smar

t St

E Mechanic St

Jeanette Ln

Old Terminal Rd

Miller Ave

E North St

Smith St

E Maggie St

E Texas HwyE Lee St

Harrison St

La F o e Loop

Cherry S t

S 4t

h St

Allen Ave

Boone St

Allison St

John Paul Jones Ave

Vernon St

Kings Rd

Stanton Rd

Ande

rson

Dr

Aaron Ave

Magnolia

St

Jean St

Hickory

St

Port

Arthu

r Ter

Columbus Cir

Sartor St

Sartor St

Woodl and D

r

Westwood D

r

Pinckney Ave

Towe

r St

McR

ae R

d

Ivy St

Marv in Ave

Comp Rd 4137

Nila Sue Dr

Denn is Ave

Lees Ln

S 11th S t

Tower Cir

Vero

ne T

erOak Dr

Raymond Dr

Midway Dr

McFarland St

W Lula St

Bullo

ck D

r

Colony Pk. D

r

3rd St

4th St

Miriam St

Amou r Dr

Sara Dr

2nd

St

Elm St

Spru

ce D

r

Holly St

Fir St

Jennifer Dr

Ruth St

Lake St

Harper St

Ash St

Abe Allen Mem

orial Dr

S 10th St

Allison St

Anacoco St

W Mechanic St

Rodeo Dr

Industrial Park Rd

N G

l ady

s St

N V

eron

e S t

Pine Rd

Brad

ley

StHm Stevens Blvd

B utler St

Lawrence St

Sim

pson

St

Edn a

St

C hapral Apt St

Pearl St

N 9th St

Nelda St

Mauric e St

Ca

r v er Dr

Dump Rd

Cen. S t

Short St

Nona St

W North St

N E

r min

e S t

m a p s 4 n e w s . c o m / © H E R E

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LEESVILLE, LOUISIANALeesville is a small city and the parish seat of Vernon Parish, Louisiana, United States. The population was 6,612 at the 2010 United States Census. It is part of the Fort Polk South Micropolitan Statistical Area. The city is home to the Fort Polk U.S. Army installation. The populations of Fort Polk and Leesville, if combined, would result in a city with a population of more than 20,000.

LEESVILLE HOUSING & EMPLOYMENT In 2000, there were 3,275 owner occupied housing units in your area and there were 4,678 renter occupied housing units in your area. The median rent at the time was $313.

In 2014, there are 6,363 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 54.03% of employees are employed in white-collar occupations in this geography, and 45.21 % are employed in blue-collar occupations. In 2014, unemployment in this area is 4.84%. In 2000, the average time traveled to work was 19.0 minutes.

LOCATION OVERVIEW

11

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HOUMA

NEW IBERIA

SLIDELL

ABBEVILLE

BAKER

BASTROP

BAYOU CANE

BOGALUSA

CROWLEY

DE RIDDER

EUNICE

FORT POLK SOUTH

HAMMOND

JENNINGS

LAPLACE

MINDEN

MORGAN CITY

NATCHITOCHES

OPELOUSAS

PINEVILLE

RUSTON

SCOTLANDVILLE

SULPHUR

TALLULAH

THIBODAUX

VIOLET

WEST MONROE

COVINGTON

METAIRIE

ALEXANDRIA

BOSSIER CITY

KENNER

LAFAYETTELAKE CHARLES

MONROE

NEW ORLEANS

SHREVEPORT

BATON ROUGE

165

165

165

165

165

165

165425

165

165

167

167

167

167

167

167

167

171

171

171

171

171

171

190

190

190 190190

190

51

61

61

61

61

65

65

65

65

71

71

71

71

71

71

79

79

80

8080

80

80 80

80

84

84

84

84

84

90

90

90

90

90

90

90

90

10

10

10

59

10

10

10

1010

12

12

2020

20

20

20

49

49

49

49

49

49

55

55

M A J O R E M P L O Y E RV E R N O N PA R I S H

United States Dept of Army 13,115

Northrop Grumman Corporation 735

Beauregard Parish School Board 900

Fort Polk/JRTC 2,000

Walmart 400

Byrd Regional Hospital 225

Cantu Services Inc 210

LOCATION HIGHLIGHTS

LA 467, the area’s main highway, runs through

Leesville, making it an easily accessible city.

Strong visibility with ease of

ingress/egress

LEESVILLE, LATHE “BEST HOMETOWN IN THE WORLD.”

High volume of traffic as parish residents travel to the area’s shopping and dining

spots, medical facilities, and employment opportunities.

Population has grown 20% since 2010 and almost

40% of the population earns more than the national

average each year.

59 Miles from Alexandria

114 Miles from Shreveport

12

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18,874Total Population Within 5-Mile Radius

$56,222Average Household Income

Within 5-Mile Radius

$44,179Median Household Income

Within 5-Mile Radius

7,607Total Households in 5-Mile Radius

DEMOGRAPHICS / LEESVILLE, LA

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POPULATION 1 MILE 3 MILES 5 MILES2023 Projection

Total Population 1,891 10,212 18,8742018 Estimate

Total Population 1,911 10,360 18,8492010 Census

Total Population 1,995 10,785 19,5552000 Census

Total Population 1,950 11,134 20,831Current Daytime Population

2018 Estimate 6,180 17,137 22,728

HOUSEHOLDS 1 MILES 3 MILES 5 MILES2023 Projection

Total Households 771 4,198 7,6072018 Estimate

Total Households 778 4,231 7,519

Average (Mean) Household Size 2.34 2.43 2.472010 Census

Total Households 830 4,489 7,9172000 Census

Total Households 809 4,610 7,883Occupied Units

2023 Projection 771 4,198 7,6072018 Estimate 924 4,899 8,669

HOUSEHOLDS BY INCOME 1 MILES 3 MILES 5 MILES2018 Estimate

$150,000 or More 1.84% 3.61% 3.58%

$100,000 - $149,000 7.57% 6.80% 8.27%$75,000 - $99,999 9.26% 10.15% 10.58%$50,000 - $74,999 18.88% 20.47% 21.35%$35,000 - $49,999 17.33% 15.52% 16.88%Under $35,000 45.10% 43.44% 39.34%

Average Household Income $48,527 $52,977 $56,222

Median Household Income $38,516 $40,882 $44,179

Per Capita Income $20,269 $21,800 $22,548

HOUSEHOLDS BY EXPENDITURE 1 MILE 3 MILES 5 MILESTotal Average Household Retail Expenditure $47,954 $49,006 $50,780 Consumer Expenditure Top 10 Categories

Housing $12,439 $13,051 $13,581 Transportation $10,298 $9,985 $10,530 Shelter $6,384 $6,681 $7,109 Food $4,835 $4,823 $5,086 Utilities $3,281 $3,513 $3,569 Health Care $3,247 $3,414 $3,313 Personal Insurance and Pensions $3,204 $3,506 $3,828 Entertainment $2,023 $2,083 $2,097 Cash Contributions $1,412 $1,401 $1,374 Household Furnishings and Equipment $1,384 $1,387 $1,392

POPULATION PROFILE 1 MILES 3 MILES 5 MILESPopulation By Age

2018 Estimate Total Population 1,911 10,360 18,849Under 20 27.02% 27.44% 27.03%20 to 34 Years 25.02% 24.22% 31.50%35 to 39 Years 6.29% 6.47% 6.83%40 to 49 Years 12.10% 11.36% 10.29%50 to 64 Years 16.86% 17.33% 13.95%Age 65+ 12.72% 13.19% 10.40%

Median Age 33.44 33.82 30.06Population 25+ by Education Level

2018 Estimate Population Age 25+ 1,220 6,649 11,580Elementary (0-8) 4.11% 4.36% 3.56%Some High School (9-11) 11.72% 10.67% 8.55%High School Graduate (12) 32.34% 33.90% 31.61%Some College (13-15) 28.63% 27.61% 28.00%Associate Degree Only 5.18% 5.28% 5.62%Bachelors Degree Only 10.49% 10.03% 13.40%Graduate Degree 6.51% 6.75% 8.13%

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LEESVILLELOUISIANA

LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS

SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE

Tel: (818) 212-2730Fax: (818) 212-2710

[email protected]: CA 01267761

JONATHAN BRAIERSENIOR ASSOCIATE

ENCINO OFFICETel: (818) 212-2773Fax: (818) 212-2710

[email protected]: CA 01958515

AIDA MEMARYASSOCIATE

ENCINO OFFICETel: (818) 212-2678Fax: (818) 212-2710

[email protected]: CA 01980240