Investment Overview

15 YR NNN DG LEASE WITH 5% BUMPS IN INITIAL LEASE & OPTIONS • This property features 5% rent increases every 5 years in the new 15-year corporate guaranteed NNN lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, parking lot, roof, and structure. • There are 5% rent increases in each of the five, 5-year option periods. • This property is currently under construction and is scheduled to deliver November 2024. LOCATED AT A SIGNALIZED INTERSECTION (28,070 VPD) OFF INTERSTATE 75 (88,100 VPD) • This Dollar General is located at a signalized intersection of Highway 41 and Lafayette Rd. (28,070 VPD) • The subject property is located 2.5 miles from I-75 (88,100 VPD). LESS THAN 3 MILES FROM DOMINANT INDUSTRIAL & RETAIL CORRIDOR • The subject property is located less than 3 miles from a dominant retail & industrial corridor featuring tenants such as Walmart, Home Depot, Academy, Kohls and over 850,000 SF of industrial facilities. • Dalton, GA is known for its manufacturing plants with over 25,000 manufacturing jobs DALTON IS THE CARPET CAPITAL OF THE WORLD • The subject property is located 5 miles from downtown Dalton on Highway 41 (21,800 VPD). • Dalton is the county seat of Whitfield County located just off Interstate 75 in the foothills of the Blue Ridge Mountains and is the second largest city in Northwest Georgia. • Dalton is known as “The Carpet Capital of the World” and is home to 90% of the world’s carpet production. • Dalton houses over 150 carpet plants employing approximately 30,000 people, and future job growth is predicted to be 36.74% over the next 10 years. • Dalton is home to Dalton State College (5,987+ Students). Dalton and Whitfield County School districts include 34 schools with over 17,929 students. CHATTANOOGA MSA | 4TH LARGEST CITY IN TN • Dalton is well located 30 miles South of Chattanooga, Tennessee and is part of the MSA (547,776+). • Chattanooga is the fourth largest city in Tennessee with a population of over 170,000 people. • Chattanooga is one of the South’s top travel destinations, with the New York Times naming Chattanooga one of the “Top 45 Places to Go.” • Chattanooga’s affordable cost of living with one of the area’s lowest tax rates as well as the Volkswagen plant has boosted the area’s labor force. • There is no state property tax in Tennessee INVESTMENT GRADE TENANT (S&P:BBB) W/ 20,000+ LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 20,000 locations and plans to open 800 stores in 2024. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.