Investment Overview

LOWER RENT & PRICE POINT • The subject property has a lower rent which equates to a lower price point of $1,088,000. INTERSTATE LOCATION • This Family Dollar is located directly off Interstate 80 in Wells, NV. Wells is located in the northeast corner of the state. • I-80 is a major east-west interstate that connects Wells to Reno, NV. • Wells High school and elementary school is less than half a mile from this Family Dollar. • Wells Municipal Airport is located 3 miles from this Family Dollar. NEVADA IS A TAX FREE STATE • Nevada is one of nine income tax free states. CORPORATE NN LEASE WITH DOLLAR TREE • This Family Dollar has been operating at this location since 2012 and extended the lease for an additional 5 years. • Family Dollar exercised their first option period in April 2022 which extended the lease through March 2027. • There are 3 years remaining on a corporate guaranteed NN lease with Dollar Tree. • This extension speaks to Family Dollar's confidence and dedication to this market & location. • Tenant is responsible for Parking Lot Restriping, Landscaping, taxes, Insurance, HVAC, and Utilities. • There are limited Landlord responsibilities which include Parking Lot, Roof & Structure. • There are 10% rent increases in each of the remaining four, 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