New Format WAG |Low Price| Rare Bump in Term

• New Walgreens Pharmacy Small-Format Prototype Store: Personalized Pharmacy Care Geared Towards Health and Wellness and
Over-the-Counter Medications - Walgreens Success with Pilot Store Locations and Continued Growth Adding Additional Locations
• Long-Term, NNN Lease with Approximately 8.5 Years of Term Remaining and Rare Mid-Term Rental Increase (5/1/2028) Taking Price
to 6.35% CAP
• Corporately Backed, Single-Tenant Pharmacy Location with High-Profile, Publicly Traded Walgreens (NASDAQ: WBA/S&P “BBB-”/Moody’s “Baa2”)
• No Daily Management Responsibilities: Tenant Responsible for All Daily Management, While Landlord is Only Responsible for
Roof/Structure (15-Year Transferable Warranty) on Newly Built 2023 Store with Highly Visible Signage with Excellent Frontage
• High Traffic Location: Approximately 40,000 Vehicles Per Day at N. Keystone Avenue and 38th Street
• Ideal Demographics in 29th Largest Metropolitan Economy in the U.S.: Extremely High Population Density of 272,000+ People and
Average Household Incomes of Approximately $95,000 Within a 5-Mile Radius
• Low Price Point Deal Compared to a Traditional Walgreens, Ideal for 1031 Buyers
• Surrounded by Rooftops, Government Services (BMV, Health Department), Avondale Meadows YMCA and Schools (Indianapolis
Public Schools is the Largest District Enrolling Approximately 23,000 Students Across 60 Schools)
• Significant Healthcare Industry in Indianapolis Economy: 20 Hospitals Belonging to Ascension St. Vincent Health, Community Health
Network, and IU Health - Thousands of Healthcare Facilities and Employees in the Region
o IU Health’s Methodist Hospital is the Largest Hospital and a Level I Trauma Center Positioned 4 Miles Away with Over 1,430
Employees
o IU Health’s Riley Children’s Hospital Located 6.5 Miles Away with Over 1,000 Employees
• Attraction/Destination Location for Major Draw of Visitors and Tourists: Indiana State Fair (800,000 Attendees) + Numerous Other
Fairgrounds Events Throughout the Year (1.5 Miles), World's Largest Single-Day Sporting Event, the Indianapolis 500 (300,000
Visitors on Race Day) + Various Other Races, Largest U.S. Children’s Museum (1.2 Million Annual Visitors), Collegiate Events and
Professional Sports Draw (Colts, Pacers & Fever)
• Strong Tenancy: Annual Revenue Stream of Over $144 Billion Through 12,500 Locations Worldwide
• 14.5 Miles to Indianapolis International Airport, Includes FedEx Express's National Hub with 5,800 Employees
• Direct Vicinity of Major Employers & Students: Indiana University (25,000 Students at Main Campus) and Purdue University (52,000
Students at All Campuses), Along with Ivy Tech, Butler University, Martin University and Satellite Campus’ for a Number of
Colleges/Universities
• Short Commute to Downtown Indianapolis (6 Miles): Fortune 500 Elevance Health Headquarters and Eli Lilly Headquarters, Along
with Many Other High-Profile Companies and Convention Center