Belleview Shopping Center

Investment Highlights

BELLEVIEW SHOPPING CENTER
• Belleview Shopping Center is a 84,146 square foot Grocery Anchored Center located in the Baton Rouge MSA
• 71% National/Regional Brands: Dollar General, Hibbett, Citi Trends, AT&T
• Low Rental Rates | The center is 99% leased with an average rent of $6.05/SF
• Leasing Momentum: Recent Shoe Show LOI for 5-Year lease at the location
• Anchored by Rouses Market

ROUSES MARKET | PROFITABLE GROCERY ANCHOR
• The shopping center is anchored by Rouses Market, a regional grocery store with locations in Louisiana, Alabama, and Mississippi
• Rouses Market has over 60+ locations and is one of the leading grocers in the Louisiana Market
• Rouses Market has seen 40% growth over the last 4 years and continues to invest in new markets along the Gulf Coast
• Rouses pays percentage rent and is locked in at a profitable sales margin
• Profitable Sales Volume: Sales have increased at this location every year (see next page for Historical Sales Volume)

DOMINANT SHOPPING CENTER IN MARKET
• Belleview Plaza boasts a dominant market share in Plaquemine
• Rouses is the #1 most visited Grocery store in town
• Limited Grocery Store competition
• Belleview Plaza is the #1 Most Visited shopping center in a 5-Mile Radius (Encompasses Plaquemine and surrounding towns)
• 15-Mile Trade Area

PLAQUEMINE, LA | BATON ROUGE MSA
• Plaquemine is a bedroom community to Baton Rouge, the second largest MSA in Louisiana.
• Plaquemine’s largest employers include the Dow Chemical Plant, SNF Holding Company, and Olin Corporation.
• These employers are the driving economic force in Plaquemine and through the job creation, local and state tax revenues, regional economic development, and community investments, these employers have provided a strong economic base to the region
• Baton Rouge is home to 39,000 Louisiana State University students and boasts a 6.1 billion economic impact.