Investment Overview

INVESTMENT GRADE TENANT • Dollar Tree/Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB. • Dollar Tree/Family Dollar operate 16,340+ stores across 48 states and five Canadian provinces. • Dollar Tree has been in business for 70 years and has a current net worth of over $33 billion. TUSCALOOSA MSA | HOME TO THE UNIVERSITY OF ALABAMA (38,563 STUDENTS) • The subject property is located in Greensboro, AL, 35 miles south of downtown Tuscaloosa and is a part of the MSA. • Greensboro is the county seat of Hale County and benefits from government jobs and growth. • Tuscaloosa is Alabama’s 5th most populous city with an estimated population of 110,602. • Known as “The City of Champions” because it is home to the University of Alabama who won the College Football National Championship in their 2009, 2011, 2012, 2015, 2017 and 2020 seasons. • The University of Alabama is the oldest and largest university in the state with 38,563 students enrolled and 6,947 Faculty members • Tuscaloosa is the regional center of industry, commerce, healthcare and education for the area of west-central Alabama. POSITIONED AT THE CORNER OF HIGHWAY 69 & NORTH STREET (10,000 VPD) • The Family Dollar is strategically located at the corner of Tuscaloosa Street and North Street, which sees more than 10,000 vehicles daily and allows for excellent access from Tuscaloosa St, North St and Beacon St. • Highway 69 connects Greensboro to downtown Tuscaloosa. 2017 CONSTRUCTION FAMILY DOLLAR WITH TRANSFERABLE ROOF WARRANTY • Family Dollar has been operating at this location since 2017 and has 13 years remaining on a transferable roof warranty. • Family Dollar signed a new corporate guaranteed 10 year lease in 2017. There are 3.5 Years remaining on the 10 year lease. • There are six – 5 year option periods with $0.50/SF rent increase in each of the option periods. • The tenant is responsible for parking lot maintenance and repairs less than or equal to $1,000, HVAC, Taxes, Insurance, and Utilities. • The Landlord is responsible for Roof, Structure, and parking lot repairs over $1,000.