Investment Overview

LOW RENT/PRICE POINT DOLLAR GENERAL • This property is a 9,014 SF upgraded Dollar General located in Franklin (Cincinnati), OH • Dollar General is paying below average rent at this location which equates to a low price point of $771,000 RARE 10% RENT INCREASE IN JAN 2024 • The store has been successfully operating at this location since 2005 and recently extended the lease early showing their long term confidence in this location. • There are 5.5 Years remaining on the NN Corporate Guaranteed lease with Dollar General. • In January 2024, the rent will increase 10% and increase the return by 70 basis points. There are 10% rent increases in each of the remaining Two 5-year option periods. • The Tenant is responsible for Taxes, Insurance, Utilities, and HVAC Repairs under $1,000. • The Landlord is responsible for Roof & Structure, Parking Lot and HVAC Repairs/Replacement over $1,000. • The Tenant pays the Landlord upfront $357.58 each month for parking lot maintenance INTERSTATE LOCATION | 112,845 VPD • This Dollar General is located directly off Hwy 122 (20,624 VPD) less than a mile from Interstate 75 (112,845 VPD). The 5-Mile Population for this store is 88,079 with average household incomes of $74,169 which is superior to most Dollar General Locations. • This Dollar General is positioned across the street from an ALDI and is surrounded by nearly 1 million SF of retail in a quarter mile radius. • Other national retail located in this corridor include Kroger, Lowe’s Home Improvement, Meijer, Walmart, Kohl’s and more. WELL LOCATED BETWEEN CINCINNATI & DAYTON • The subject property is located 30 minutes north of Cincinnati & 20 minutes south of Dayton on Interstate 75 (112,845 VPD). • The city is the economic and cultural hub of the Cincinnati metropolitan area. With an estimated population of 2,256,884, it is Ohio’s largest metropolitan area and the nation’s 30th-largest. • Metropolitan Cincinnati has the twenty-eighth largest economy in the United States and the fifth largest in the Midwest • Cincinnati is home to three major sports teams: the Cincinnati Reds of Major League Baseball; the Cincinnati Bengals of the National Football League; and FC Cincinnati of Major League Soccer. • The city’s largest institution of higher education, the University of Cincinnati is now ranked as one of the 50 largest in the United States with nearly 30,000 students. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 19,000 locations and expanding by 1,000 stores each year. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion