Investment Overview

STRONG STORE SALES & HEALTHY RENT TO SALES RATIO • This property has above average store sales and a lower rent which equates to a healthy rent to sales ratio. • Reach out to listing agent for sales details. LOW RENT & PRICE POINT • The subject property has a low rent which equates to a low price point of $1,162,000 AFFULENT MARKET IN THE DENVER MSA | CAPITAL OF CO • Keenesburg is located about 40 minutes northeast of downtown Denver and is a part of the MSA. • Keenesburg is an affluent market with a 5 mile average household income of $96,709 which is superior to most Family Dollar locations. • The 5 mile population growth is 13.41% • Denver is the capital and the most populated city of Colorado and has seen a 19.22% increase in population growth since 2010. • The Denver MSA has a gross metropolitan product of $157.6 billion in 2010, making it the 18th largest metro economy in the United States. INTERSTATE LOCATION (14,000 VPD) • This Family Dollar is located on Interstate 76 (14,000 VPD). I-76 connects this Keenesburg directly to downtown Denver. CORPORATE NN LEASE WITH DOLLAR TREE • This Family Dollar has been operating at this location since 2012 and recently extended the lease for an additional 5 years. • Family Dollar exercised their first option period in October 2022 which extended the lease through September 2027. • There are 3.5 years remaining on a corporate guaranteed NN lease with Dollar Tree. • This extension speaks to Family Dollars confidence and dedication to this market & location. • Tenant is responsible for parking lot (repairs = $2,000 annually), taxes, Insurance, HVAC, and Utilities. • There are limited Landlord responsibilities which include Roof & Structure and Parking Lot (repairs > $2,000) • There are 10% rent increases in each of the remaining five, 5-year option periods. 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.