Midwest US

• Walgreens has a 16 year operating history at this location.
• Medical corridor location with 800+ medical beds combined and closest Walgreens to local hospitals.
• Affluent infill demographics with $139K HH income in 3mi radius and over 155,000 residents in a 5-mile radius.
• New developments within a 2-mi radius of the Property including a 38K SF medical office, a 200 acre mixed-use project and a 248-unit multifamily complex.
• Over 1.6 million SF of retail space in the immediate 1-mi radius as well as 9 hotels with a total of about 894 rooms.
• Walgreens is paying below market rents at $15.58 per square foot. Market rents in the area are approximately$21-$23 per square foot.

We are pleased to market for sale the Walgreens property located at 17909 Burke Street in Omaha, Nebraska ("The Property"). Walgreens has been successfully operating at this location for 16 years and recently agreed to a new 15 year extension, demonstrating Walgreens commitment to the location. The rents are replaceable as Walgreens is paying below market rents at $15.58 per square foot. Market rents in the area are approximately $21-$23 per square foot.

The Property allows investors the opportunity to purchase a long term, corporate guaranteed, Walgreens asset located in a dense medical corridor. Strategically located in close proximity to four major health providers, the Property's pharmacy segment benefits from over 1.3 million square feet of medical space in a 3-mile radius.

The Property is located in a dense and affluent trade area with over 155,000 residents in a 5 mile radius with the average household income north of $131,000 in a 3-mile radius. In the past 5 years, there have been multiple new housing developments within 2 miles of the Property, totaling over 720 new dwelling units as well as 9 hotels with a total of about 980 rooms.

One mile west of the Property, MD West One, an Omaha-based orthopedic, neurosurgery and spine clinic is finishing construction on a new 38,000 square feet medical facility, set to open late 2024. There are multiple new developments underway in the surrounding area including a 248-unit multifamily complex and Avenue One, a 200 acre mixed-use development project. The 2.36 acres directly adjacent to the Property is currently for sale with future mixed-use development plans.