Investment Overview

2022 UPGRADED CONSTRUCTION FL DOLLAR GENERAL • 10,640 SF upgraded construction Dollar General located in the panhandle of Florida. • This building was built in 2022 and the rent commenced in May 2022. NEAR PANAMA CITY BEACH | 4.5 MILLION TOURIST ANNUALLY • Located in the Panhandle of FL 45 minutes north of downtown Panama City on Hwy 231 (6,000 VPD). Hwy 231 is a North-South Hwy that is one of the main access routes to Panama City Beach. • Panama City is the county seat of Bay County and is the largest city between Tallahassee and Pensacola. • Panama City Beach is a popular vacation destination and supports over 4.5 million tourists each year. • There are multiple military bases located in Panama City, including Tyndall Air Force Base which has nearly 3,000 active duty members. • Panama City has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 27.2% FLORIDA IS A TAX FREE STATE • Florida is one of seven tax free states in the country. • Florida is one of the fastest growing states in the country and is adding over 211,000 residents each year. 14-YEAR CORPORATE NNN LEASE • There are 14 years remaining on a 15-year corporate guaranteed NNN Lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, roof and structure. • There are 10% rent increases in each of the Five, 5-year option periods. 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 1,050 stores each year. • Dollar General has been in business for 83 years and has a current net worth of over $54.4 billion