M.A. GREEN SHOPPING CENTER

INVESTMENT HIGHLIGHTS

LOCATION HIGHLIGHTS

• 229,000 People and 97,000 Households within a 5-Mile Radius of the Property
• 108,000 People and 45,000 Households within a 3-Mile Radius of the Property
• $90,000 Estimated Household Income within a 5-mile radius, and $85,000 within a 3-mile Radius
• 4 4-minute drive to Louis Armstrong New Orleans International Airport with 12.7 Million Annual Passengers
• Located on the main thoroughfare between the Airport and Downtown New Orleans
• ±40,600 Vehicles Per Day pass the property on Airline Drive
• 4.5 Year Retail WALT

BUILDING HIGHLIGHTS

• In 2022 & 2023 Landlord Invested $5,400,000 in Capital Improvements
• Brand New Roof installed in 2022 throughout the entire center
• Parking lot improved with new asphalt in 2022 and restriped in 2024
• Brand New HVAC units as of 2022 throughout the entire center
• Brand New Elevator Mechanics, Remote Monitoring, and Renovated Cab as of 2022
• Brand New LED lighting and 4K Cameras with Remote Access throughout the entire center
• Ochsner Health System invested an additional $3,800,000 into its buildout in 2022

TENANT HIGHLIGHTS

• O’Reilly Auto Parts is an investment-grade credit tenant (S&P BBB) with over 5,500+ locations throughout the country
• Ochsner Health System is a leading healthcare provider with 46 hospitals and 370+ health and urgent care centers throughout the Gulf South
• Take 5 Oil Change is a subsidiary of Driven Brands, Inc. (4,700 units with over $5.3B in system-wide sales) with over 800+ locations nationwide. Take 5 recently signed a 15-year ground lease agreement at M.A. Green Shopping Center
• Cash America Pawn is a subsidiary of FirstCash Holdings, Inc., a publicly traded company with a $5.3 billion market cap and over 3,000 locations throughout the USA and South America
• Metairie Bank is a regional bank with over $591 million in assets (2023) and 15 locations primarily throughout the Greater New Orleans area