Prien Lake Shopping Center

THE OPPORTUNITY

• Premier shopping destination in the market
• Strong Term Remaining: Tenants occupying over 70% of GLA have term until at least 2026•Tenant Longevity:
• Anchor tenants have been at the center since at least 2003
• 50% of tenants have been at the center for at least 10 years
• Leasing Upside: 94% occupied
• National Tenants: 80% of GLA occupied by national tenants
• No short-term rollover:
• All anchor tenants have term until at least 2026
• All tenants have term until at least 2024

THE HIGHLIGHTS

• Lake Charles cost of living is among the lowest in the region at 15% below the national average•Calcasieu Parish is the 3rd fastest growing parish in Louisiana•$22 Billion of industrial development underway in the market
• Located at the only Target in the market
• Strong daily traffic with over 88,000 cars
• I-210: 43,657
• Nelson Rd: 27,175
• W Prien Lake Rd: 17,779