Investment Overview

HARBOR FREIGHT TOOLS | DOLLAR TREE • The subject property is a 26,063 square foot 2-tenant retail offering located in McMinnville, TN • The center is leased to Harbor Freight Tools & Dollar Tree with a WALT of 8.6 years • The center is a Walmart Supercenter shadow and is surrounded by national tenants such as Lowes, Walgreens, McDonald’s, Dairy Queen, Zaxby’s, and Applebee’s HARBOR FREIGHT TOOLS • Harbor Freight Tools is a privately held tool and equipment retailer, headquartered in Calabasas, California • Harbor Freight Tools has been in business for 47 Years and has a net worth of $8.0B • Harbor Freight Tools has over 1500 stores in 48 states • This lease is corporately guaranteed by Harbor Freight Tools and has term through 2032. DOLLAR TREE • Dollar Tree is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB. • Dollar Tree operates 16,340+ stores across 48 states and 5 Canadian provinces. • Dollar Tree has been in business for 70 years and has a current net worth of over $33 billion. • This Dollar Tree was built out this year and has a new 10 year lease. MCMINNVILLE, TN • The city of McMinnville, TN is the county seat of Warren County • McMinnville is nestled in the foothills of the Cumberland Plateau • McMinnville is often referred to as the “Nursery Capital of the World” due to its prominence in the horticulture industry • McMinnville is home to various industries including Bridgestone’s Warren County Tire Plant