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PO Box 1588, Deerfield, IL 60015 (312) 278-0600 www.fineandcompany.com Renee Y. Jones licensed Illinois & Louisiana Auctioneer # IL-441001840, LA-1800 In cooperaon with Louisiana Outdoor Properes, Inc. Louisiana Real Estate Broker Lic# 33609.A-CORP (318) 876-2622 Hearne Ave AMERICA’S REAL ESTATE AUCTIONEER REALTORS® | Auconeers | Consultants Shreveport, LA 2755 Hollywood Avenue NOI: $303,851 Hollywood Ave NOVEMBER 4 • ABSOLUTE AUCTION To Be Sold to the Highest Bidder Regardless of Price! NO MINIMUM BIDS! Don’t miss this rare opportunity to buy this Absolute NNN Lease at your CAP RATE Disclaimer:The Seller, Broker and Auctioneer and their agents assume no liability for innacuracies, errors or omissions in the auction marketing materials, including the Bidder’s Information Packet. All square footage, dimensions, real estate taxes, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified or cancelled without notice at any time. 3+ years of primary term remaining with four 5–year renewal options. No Landlord responsibilities.

NOVEMBER 4 • ABSOLUTE AUCTION - Fine and Company€¦ · CVS Caremark Corporation CVS is one of the nation’s leading pharmacy chains operating over 7,700 CVS Pharmacy and Longs

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PO Box 1588, Deerfield, IL 60015

(312) 278-0600www.fineandcompany.com

Renee Y. Jones licensed Illinois & Louisiana Auctioneer # IL-441001840, LA-1800

In cooperation with Louisiana Outdoor Properties, Inc. Louisiana Real Estate Broker Lic# 33609.A-CORP (318) 876-2622

Hearne Ave

AMERICA’S REAL ESTATE AUCTIONEERREALTORS® | Auctioneers | Consultants

Shreveport, LA2755 Hollywood Avenue

NOI: $303,851

Hollyw

ood Ave

NOVEMBER 4 • ABSOLUTE

AUCTIONTo Be Sold to the Highest Bidder Regardless of Price! NO MINIMUM BIDS!

Don’t miss this rare opportunity to buy this Absolute NNN Lease at your CAP RATE Disclaimer:The Seller, Broker and Auctioneer and their agents assume no liability for innacuracies, errors or omissions in the auction marketing materials, including the Bidder’s Information Packet. All square footage, dimensions, real estate taxes, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified or cancelled without notice at any time.

3+ years of primary term remaining with four 5–year renewal options. No Landlord responsibilities.

Bidding Procedures: Bidding is via live webcast auction at 1:00 p.m. Eastern Standard Time, on November 4th registered bidders may bid over the internet from their home or office or at the offices of Fine & Company, 747 Lake Cook Rd., Suite 100W, Deerfield, IL 60015. Pre-registration and an initial earnest money deposit in the amount of $75,000 is required to bid.

[email protected] Chicago | Dallas | Phoenix | New York | San Francisco 312.278.0600

NOVEMBER 4 • ABSOLUTE

AUCTIONAbsolute NNN Lease: Corporate CVS Backed

Quick Closing Incentive: A 1% discount from the Total Purchase Price will be offered to the purchaser who elects to close within ten days of the Seller’s acceptance of the winning bid. Bidder’s Information Packets: A detailed Bidder’s Information Packet has been assembled which contains pertinent information relat-ed to the property, the auction and the Terms of Sale. The Packet will

be available via email for $30.00 at [email protected]. The purchase of a Bidder’s Information Packet is required in order to bid during the auction.Terms Of Sale: This auction is being conducted subject to the Terms of Sale, as stated in the Bid-der’s Information Packets, and the Purchase and Sale Contract.Buyer’s Premium: A five percent (5%) Buyer’s Premium

will be added to the final bid price, per the Terms of Sale.Broker Participation Invited: A 1% referral fee, as stated in the Terms of Sale, will be paid to the REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer/Broker registration requirements in the Terms of Sale, which can be found on our website or in the property profile and the Bidder’s Information Packet.

Lease SummaryLease Term 20 Years Beginning 12/2/98 through 12/1/18

Base Rent $303,851Options four 5-year options

Option Rent Years 21-25: $309,305Years 26-30: $314,759Years 31-35: $320,213Years 36-40: $325,667

Investment OverviewThis investment opportunity is a 11,200 square foot free standing CVS Pharmacy located in Shreveport, Louisiana. The property is on a 20-year absolute NNN Lease which commenced in 1998. The lease calls for increases every 5 years through its four option periods. The property is ideally positioned at the signalized hard corner intersection of Hollywood and Hearney (US-171) Avenues providing excellent visibility with exposure to daily combined traffic counts of over 8,500 vehicles per day. The site provides excellent frontage and signage.

Absolute NNN InvestmentThis investment consists almost one million dollars in rent over the next three years and an absolute net lease with no landlord responsibilities and is ideal for passive investors seeking less management intensive investments.

Surrounding RetailCVS is also directly across Hearne Avenue (US-171) from Texaco Gas Station, across Hollywood Avenue from Church’s Chicken and caddy corner from Valero Gas. Other major retailers with a presence in the immediate vicinity include: Payless Shoes Source, Family Dollar, U-Haul, Super Foods and Regions Bank among others

Shreveport, LA MarketShreveport is the third largest city in the state of Louisiana and the 113th-largest city in the United States. It is the seat of Caddo Parish and extends along the Red River into neighboring Bossier Parish. Bossier City is separated from Shreveport by the Red River. The population of Shreveport was 199,311 in 2010 (Wikepedia)

Strong Demographics3-mile population of 72,000

CVS Caremark CorporationCVS is one of the nation’s leading pharmacy chains operating over 7,700 CVS Pharmacy and Longs Drugs stores, in 42 states, is publicly traded on the New York Stock Exchange under the ticker symbol CVS. CVS Caremark currently has a BBB+ credit rating by Standard & Poor’s.

Absolute Auction – To Be Sold Regardless of Price! NO MINIMUM BIDS!

Renee Y. Jones licensed Illinois & Louisiana Auctioneer # IL-441001840, LA-1800

In cooperation with Louisiana Outdoor Properties, Inc. Louisiana Real Estate Broker Lic# 33609.A-CORP (318) 876-2622