Investment Overview

NEAR PUBLIX THAT RANKS IN THE TOP 2% IN FLORIDA | 1.25M CUSTOMERS ANNUALLY • This Dollar General is located on Capital Circle NW (14,200 VPD), half a mile from a Publix anchored shopping center on US Hwy 27 (20,300 VPD). • Publix ranks in the top 2% in Florida and the top 4% in the country. It supports over 1.25 million customers per year. TALLAHASSEE | CAPITAL OF FLORIDA & NO STATE INCOME TAX • Tallahassee serves as Florida’s capital city, providing a highly stable economic base anchored by state government, higher education, and healthcare employers. • Home to more than 390,000 residents in the MSA, Tallahassee benefits from a diverse employment base led by the State of Florida, Florida State University, Florida A&M University, Tallahassee Memorial HealthCare, and numerous government agencies. • With a student population exceeding 70,000, Tallahassee is a college town, home to Florida State University, Florida A&M University, and Tallahassee State College. • Around 46,350 residents and 20,176 households are located within five miles, with both population and household counts projected to continue growing through 2030. 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. • The company currently operates more than 21,000 locations and plans to open 450 new stores in 2026. • Dollar General has been in business for over 80 years and has a current net worth of $18.16 billion. RECENT LEASE EXTENSION ON CORPORATE GUARANTEED LEASE • Dollar General recently exercised its first option period and increased the rent 10% in November 2025 and extended the lease until October 2030. There are approximately 4 years remaining on the lease. • There are two 5-year option periods remaining with a 10% rent increase at the beginning of each option. • The Landlord is responsible for roof, structure, and parking lot capital expenditures. • The Tenant is responsible for taxes, insurance, utilities, and HVAC. • The Tenant will also pay parking lot reimbursements as additional rent for the following: repair, landscaping, parking lot lighting, light poles, cleaning, and snow removal.