WESTPARK SHOPPING CENTER

BID DATES: OCTOBER 23rd-25th, 2023

INVESTMENT HIGHLIGHTS

• Anchored by Office Depot, which reported 2022 revenues of $8.49 billion and is a publicly traded company (NASDAQ: ODP)
• Other National tenants include Harbor Freight Tools ($5 billion revenue in 2021), Planet Fitness, and Cash America
• Regional Draw with Limited Competition: Taco Bell and Advance Auto Parts Outparcels sits in the heart of the dominant retail corridor within the submarket. The New Iberia retail corridor serves as a regional draw to customers with the highly trafficked Rouses Market Center and Walmart Super Center being located less than 1 mile away from the Subject Property. In addition, there is minimal competition in the immediate surrounding communities with the nearest Office Depot, Harbor Freight Tools and Planet Fitness 20+ miles North in Lafayette.
• Diverse Tenant Mix offering a range of services from health & fitness to financial services
• Incredible retail synergy with nearby tenants such as Walmart, Goodwill, Hobby Lobby, Super 1 Foods, Rouses Market, Aspen Dental
• Property includes 5,000 Sq Ft restaurant space outparceled to the center
• Entire parking lot was repaved and restriped in 2022