BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

Subject
Property

New Corporate Sale-Leaseback

25 Stand Alone Stores Available Throughout the Southeastern U.S.
BLOCKBUSTER
BLOCKBUSTER Video
3800 Jackson
315 Greenville Blvd.St,
SE,Alexandria,
Greenville,LA
NC

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

• 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

Exclusive Listing Agents: Bob Moorhead | Joe Caputo

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.
212.686.0079 | joe@exp1031.com | www.exp1031.com
In association with Louisiana Broker of Record: Marc Liles
 BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA
3800 Jackson St, Alexandria, LA
AT MAC ARTHUR 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 List Price: $960,000
owning net leased real estate, priced below the building’s replacement cost, with a double digit investment CAP Rate (Existing): 11%
yield and potential upside in the event BLOCKBUSTER were to vacate.
Building Area: 6,400 + SF
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 Building Price / SF: $150 + PSF
www.exp1031.com.
Land Area: 0.96 + Acres
IMMEDIATE TRADE AREA
Land Price / SF: $23 + PSF
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 Year Built: 1991
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, Ownership: Fee Simple
Target, Sam’s Club, Hobby Lobby, Dillard’s, J.C. Penney, Books-A-Million, Sears, Burlington Coat Factory,
LEASE OVERVIEW
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 Rent: $105,600 / Year
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 Annual Rental Rate: $16.50 PSF
living community. The local airport was changed from the old Esler Field in Pineville to the Airpark and
Rent Commencement: Close of Escrow
renamed Alexandria International Airport.
ALEXANDRIA, LA
BLOCKBUSTER
Primary Term: Video
10 Years*
315 Greenville Blvd. SE, Greenville, NC
Alexandria is a city in and the parish seat of Rapides Parish, Louisiana. It lies on the south bank of the Red River in Options to Renew: 2, 5-Year
almost the exact geographic center of the state. It is the principal city of the Alexandria metropolitan area
Rent Increases: 10% Every 5 Yrs.
(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 Tenant: BLOCKBUSTER Inc.
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.
Lease Type: Absolute NNN
cities ranked, a significant increase from its ranking as No. 276 in 2006. Among other Louisiana cities, Alexandria * Tenant has the right to terminate their lease after year 5
ranked second, following only Baton Rouge, which ranked 59th nationally.

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
This information
affiliates from and against any claims, demands, has beencosts
damages, liabilities, obtained from sources
or expenses, includingdeemed reliable,
reasonable however
attorneys’ fees,neither
relatingEXP
to anyRealty Advisors,
claim for Inc. norfinder’s
a commission, Retail fee
Resource
or otherGroup guarantee, warranty or represent its accuracy.
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.
 BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA
Subject Property

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
 BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

Subject Property

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
BLOCKBUSTER | Corporate Sale-Leaseback | Alexandria, LA

Tenant Overview

Founded: 1985 Locations: 6,000+

Headquarters: Dallas, TX 2009 Revenue: $4+ Billion

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 preferences of local customers. File Photo

As the media entertainment industry has evolved, so too has BLOCKBUSTER. The Company is no longer just a chain of video stores.
While transforming and diversifying its store-base continues as a company priority, BLOCKBUSTER now offers convenient access to
media entertainment any where and any way consumers want it – whether in stores, by mail, through vending / kiosks or digitally.
BLOCKBUSTER is the only company able to provide convenient access to media entertainment across multiple channels, recognizing
that the same customer may choose different ways to access media entertainment on different nights. Whether a customer selects BLOCKBUSTER Video
315 Greenville
traditional stores, by-mail, vending or digital, BLOCKBUSTER is uniquely positioned as the only provider to deliver entertainment Blvd. SE, Greenville, NC
content across all channels.
On November 1, 2006, the Company introduced BLOCKBUSTER Total Access™, a movie rental program that gives online customers File Photo
the option of exchanging their DVDs through the mail or returning them to a nearby participating BLOCKBUSTER® store in exchange
for free in-store movie rentals. With BLOCKBUSTER Total Access, customers no longer have to choose between renting online or
renting in-store, and they never have to be without a movie. BLOCKBUSTER has the largest in-store presence of any company in the
movie rental business, a growing online presence, and the capability -- currently, the only capability in the marketplace -- to integrate
bricks-and-mortar with online.
The Company continues to broaden its points of presence. In 2008 BLOCKBUSTER announced an alliance with NCR (NYSE: NCR) for
vending, providing customers with a new and convenient option for accessing media entertainment. There are now over 2,000
BLOCKBUSTER Express branded kiosks in the market today.
Thinking beyond the box - in the first half of 2009 the Company announced strategic alliances with TiVo (NASDAQ: TIVO), Samsung File Photo
and Motorola (NYSE: MOT). BLOCKBUSTER anticipates similar opportunities to position the Company as a leader in the distribution of
digital entertainment.

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 | Corporate Sale-Leaseback | Alexandria, LA

Aerial Photograph

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 | Corporate Sale-Leaseback | Alexandria, LA

Aerial Photograph

BLOCKBUSTER
S M Brame
Video
315 GreenvilleJr.
Blvd. SE, Greenville, NC
High School

Alexandria Senior
High School

N
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 | Corporate Sale-Leaseback | Alexandria, LA

Location Map

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 | Corporate Sale-Leaseback | Alexandria, LA

Demographic Snapshot

Category 1-Mile 3-Mile 5-Mile

Population:
Total Population 7,081 45,291 61,547

Male Population 45.4% 47.1% 47.2%

Female Population 54.6% 52.9% 52.8%

Median Age 45.2 36.6 36.1

Population Density (per sq. mi.) 2,253.1 1,601.3 783.4

Employees 10,134 39,479 50,453

Establishments 927 3,059 3,713

BLOCKBUSTER Video
Income:
Median HH Income $48,658 $34,316 $32,788

Per Capita Income $47,965 $26,399 $24,600

315 Greenville Blvd. SE, Greenville, NC
Average HH Income $89,176 $57,571 $53,709

Households:
Total Households 3,622 20,086 26,977

Average Household Size 1.9 2.1 2.2

Household Growth 1990 - 2000 2.9% -1.7% -2.9%

Housing:
Owner Occupied Housing Units 62.4% 51.9% 51.5%

Renter Occupied Housing Units 36.6% 43.5% 43.2%

Vacant Housing Units 1.1% 4.6% 5.3%

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.