Investment Overview

15 YEAR NNN CORPORATE LEASE WITH RENTAL INCREASES • This property features a 15-year corporate guaranteed NNN lease with 5% rent increases every 5 years throughout the initial lease term and options. • The store opened and rent commenced in January 2024. There are 14 years remaining on the 15 Year NNN Lease. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof, and structure. • There are 5% rent increases in each of the five, 5-year option periods. LOW RENT & PRICE POINT • The subject property has a low rent which equates to a low price point of $1.5M. This price point is significantly lower than most new construction Dollar Generals. LIMITED COMPETITION | ONLY DOLLAR STORE IN MELROSE • This Dollar General is the only Dollar Store servicing the Melrose community. • The closest dollar store competition is 25 miles away in Clovis, NM. CLOVIS MSA | HOME TO CANNON AIR FORCE BASE (6,000 PERSONNEL) • Clovis is the county seat of Curry County, New Mexico. Clovis is located in the New Mexico portion of the Llano Estacado, in the eastern part of the state. • Home to Cannon Airforce Base, CAFB is an integral part of the U.S. Air Force’s special operations capabilities and houses over 6,000 military personnel. • Personnel who live west of downtown Clovis, pass this Dollar General on Highway 60 (11,419 VPD) daily. • The Clovis Industrial Park is home to 50-70 businesses that support over 3,000 employees. • The BNSF Railway in Clovis is one of the largest freight rail networks in the United States that connects the city to key markets across the country, including the Midwest, West Coast, and Gulf Coast. • The retail sector in Clovis is expanding with new shopping centers, restaurants, and businesses. Current National retailers include Walmart, Lowe’s Home Improvement, and more. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.16 Billion.