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  • BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

    BLOCKBUSTER Video 315 Greenville Blvd. SE, Greenville, NC

    This information has been obtained from sources deemed reliable, however neither EXP Realty Advisors, Inc. nor Retail Resource Group guarantee, warranty or represent its accuracy.

    BLOCKBUSTER 3800 Jackson St, Alexandria, LA

    • Priced Below Replacement Cost • Brand New, Absolute NNN, 10-Year Corporate Sale-Leaseback with BLOCKBUSTER Inc. (NYSE: BBI) • BLOCKBUSTER Inc.: 6,000+ Stores Worldwide | Revenues $4.6+ Billion in January 2010 • Strategically Located Along Jacksons St. (Traffic: 27,000+ Cars/Day) • Outparcel to Neighborhood Shopping Center | Tenants Include: Kroger, Staples & Hastings • Other Tenants in Trade Area Include: Wal-Mart, Lowe’s, Target, Home Depot, Sears, Marshalls,

    JC Penny, Dillard's, Petsmart, BAM, Ashley Furniture, Chuck E Cheese, Walgreens, & CVS • Average HH Income (1-Mile): $89,176

    $960,000 | 11% CAP | 6,400 SF | $150 PSF

    New Corporate Sale-Leaseback 25 Stand Alone Stores Available Throughout the Southeastern U.S.

    Exclusive Listing Agents: Bob Moorhead | Joe Caputo 212.686.0079 | joe@exp1031.com | www.exp1031.com

    In association with Louisiana Broker of Record: Marc Liles

    Subject

    Property

    http://www.google.com/imgres?imgurl=http://www.seeklogo.com/images/K/Kroger_s_Food_Store-logo-4662C08B16-seeklogo.com.gif&imgrefurl=http://www.seeklogo.com/tag.html?q=Kroger&usg=___i_M_Tw3XTtHvpt1j9dyMnqhi_E=&h=200&w=200&sz=11&hl=en&start=17&itbs=1&tbnid=hX4oV2Shj-ZHbM:&tbnh=104&tbnw=104&prev=/images?q=kroger+foods+logo&hl=en&gbv=2&tbs=isch:1 http://www.tuesdaymorning.com/index.asp http://www.google.com/imgres?imgurl=http://fccmops.files.wordpress.com/2009/10/cicis_circular_logo2.jpg&imgrefurl=http://fccmops.wordpress.com/2009/10/12/lunch-anyone/&usg=__ZiJrI-UQTa2rdm0FgkGbO--vw-c=&h=600&w=600&sz=56&hl=en&start=1&um=1&itbs=1&tbnid=aEB7mjMgbNZNLM:&tbnh=135&tbnw=135&prev=/images%3Fq%3Dcici%2527s%2Bpizza%26um%3D1%26hl%3Den%26sa%3DN%26tbs%3Disch:1

  • BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

    BLOCKBUSTER Video 315 Greenville Blvd. SE, Greenville, NC

    This information has been obtained from sources deemed reliable, however neither EXP Realty Advisors, Inc. nor Retail Resource Group guarantee, warranty or represent its accuracy.

    List Price: $960,000

    CAP Rate (Existing): 11%

    Building Area: 6,400 + SF

    Building Price / SF: $150 + PSF

    Land Area: 0.96 + Acres

    Land Price / SF: $23 + PSF

    Year Built: 1991

    Ownership: Fee Simple

    LEASE OVERVIEW

    Base Rent: $105,600 / Year

    Annual Rental Rate: $16.50 PSF

    Rent Commencement: Close of Escrow

    Primary Term: 10 Years*

    Options to Renew: 2, 5-Year

    Rent Increases: 10% Every 5 Yrs.

    Tenant: BLOCKBUSTER Inc.

    Lease Type: Absolute NNN

    * Tenant has the right to terminate their lease after year 5

    COPYRIGHT © 2010. ALL USE, DISCLOSURE AND/OR REPRODUCTION NOT SPECIFICALLY AUTHORIZED IS PROHIBITED. ALL RIGHTS RESERVED. Retail Real Estate Group dba Retail Resource Group and EXP Realty Advisors (“Agent”) has presented this confidential Investment Memorandum to assist the recipient in evaluating the “Property” and it is intended for your use only. This confidential material contains brief, selected information pertaining to the Property and shall not be considered all-inclusive or unchanged since the date of preparation. No warranty as to the accuracy or completeness is expressed or implied. The information has been received from sources believed to be reliable but is not guaranteed. Agent disclaims all liabilities in connection with any inaccuracies or incompleteness. The Buyer should independently verify each item of information and have the same reviewed by its tax advisor and/or legal counsel. The Buyer agrees that (a) the materials are of a highly confidential nature and will be held in the strictest confidence or shall be returned to Agent upon request; (b) the Buyer shall not contact any property manager, employee or tenant of the Property regarding the enclosed materials or the Property, without prior approval of Agent; and (c) the Buyer understands and agrees that Agent represents the seller and not the Buyer. Neither the seller nor Agent shall have any obligation to pay any commission, finder’s fee, or other compensation to any broker or other person dealing with the Buyer. The Buyer may provide information to persons retained for the purpose of evaluating the Property after first obtaining a signed confidentiality agreement from such persons to keep such information confidential. The Buyer shall defend, indemnify and hold harmless the seller, Agent and its affiliates from and against any claims, demands, damages, liabilities, costs or expenses, including reasonable attorneys’ fees, relating to any claim for a commission, finder’s fee or other compensation by any broker or other person dealing with the Buyer. The Property is being sold on an “as-is, where-is” and “with all faults” basis.

    3800 Jackson St, Alexandria, LA AT MACARTHUR DR

    EXP Realty Advisors and Retail Resource Group as exclusive advisors are pleased to present for sale a single tenant corporate sale-leaseback BLOCKBUSTER. This offering provides investors the unique opportunity of owning net leased real estate, priced below the building’s replacement cost, with a double digit investment yield and potential upside in the event BLOCKBUSTER were to vacate.

    This location is being sold as a part of a 25 store offering which can be purchased individually or as a portfolio. For additional information on other available BLOCKBUSTER properties please visit www.exp1031.com.

    IMMEDIATE TRADE AREA

    The subject property is strategically located along a highly traveled Jackson St (average traffic: 27,000+ cars/day). The BLOCKBUSTER site is an outparcel to MacArthur Village Shopping Center. A 177,000 +/- SF center whose tenants include Hastings Entertainment, Kroger, Staples, Texas Roadhouse, Piccadilly, Tuesday Morning and Capital One. Tenants in the immediate trade area include Wal-Mart Supercenter, Target, Sam’s Club, Hobby Lobby, Dillard’s, J.C. Penney, Books-A-Million, Sears, Burlington Coat Factory, Office Depot, Lowe’s, Pier 1, Petsmart,, Goody’s, Stein Mart, Marshall’s, Old Navy, Michaels, Gymboree, Talbots, Harley Davidson. Also located approximately 5 miles north west of the property is England Aiforse Base. England Air Force Base was closed in 1992. Since then the base has been turned into an Airpark with various businesses occupying the vacated buildings. It also is home to an 18 hole golf course and a senior living community. The local airport was changed from the old Esler Field in Pineville to the Airpark and renamed Alexandria International Airport.

    ALEXANDRIA, LA

    Alexandria is a city in and the parish seat of Rapides Parish, Louisiana. It lies on the south bank of the Red River in almost the exact geographic center of the state. It is the principal city of the Alexandria metropolitan area (population 147,000) which encompasses all of Rapides and Grant parishes. In mid 2008 the population was 50,236 according to an official estimate by Louisiana Tech's College of Business Population Estimates Program. Its neighboring city is Pineville. The Alexandria workforce consists of about 55,000 residents.

    In 2007, Inc. Magazine rated Alexandria as the 77th best place in which to conduct business out of the 393 U.S. cities ranked, a significant increase from its ranking as No. 276 in 2006. Among other Louisiana cities, Alexandria ranked second, following only Baton Rouge, which ranked 59th nationally.

  • BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

    BLOCKBUSTER Video 315 Greenville Blvd. SE, Greenville, NC

    This information has been obtained from sources deemed reliable, however neither EXP Realty Advisors, Inc. nor Retail Resource Group guarantee, warranty or represent its accuracy.

    Subject Property

    Subject Property

  • BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

    BLOCKBUSTER Video 315 Greenville Blvd. SE, Greenville, NC

    This information has been obtained from sources deemed reliable, however neither EXP Realty Advisors, Inc. nor Retail Resource Group guarantee, warranty or represent its accuracy.

    Subject Property

    Subject Property

  • BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

    BLOCKBUSTER Video 315 Greenville Blvd. SE, Greenville, NC

    This information has been obtained from sources deemed reliable, however neither EXP Realty Advisors, Inc. nor Retail Resource Group guarantee, warranty or represent its accuracy.

    Tenant Overview

    BLOCKBUSTER INC. www.blockbuster.com

    BLOCKBUSTER Inc. (NYSE: BBI, BBI.B), is a leading global provider of in-home movie and game entertainment with over 6,000 stores throughout the Americas, Europe, Asia and Australia. The Company is one of the strongest and most recognizable entertainment brands in the world.

    BLOCKBUSTER's stores are a ubiquitous neighborhood feature attracting nearly 47 million customers annually. Company-operated stores are open 365 days a year generally from 10 a.m. to midnight. Merchandise selection, quantity and formats are customized at the store level to meet the needs and p