INVESTMENT HIGHLIGHTS

DOLLAR GENERAL CORPORATE LEASE:

• 7.5 Years of Guaranteed Lease Term
• 2015 Build to Suit Construction
• Three (3) - Five (5) Year Option Periods with 10% Rental Increases

ABSOLUTE NNN LEASE | A TRUE COUPON CLIPPER:

• Absolute NNN Lease with ZERO Management Responsibilities
• Tenant Pays for ALL Operating Expenses, Insurance & Property Taxes

HOLLOMAN AIR FORCE BASE - 1942:

• Located 15 Miles from the Subject Property
• The Base Covers 59,639 Acres
• Supports About 21,000 Active Duty, Guard, Reserve, Retirees, DOD Civilians and Their Family Members
• Home to the World's Longest (50,788 Feet - Almost 10 Miles) and Fastest (Mach 9) Test Track

PROXIMITY FROM ALAMOGORDO, NEW MEXICO:

• Las Cruces, NM | 73 Miles
• El Paso, TX | 94 Miles
• Roswell, NM | 111 Miles
• Carlsbad, NM | 145 Miles
• Albuquerque, NM | 203 Miles
• Santa Fe, NM | 211 Miles
• Lubbock, TX | 282 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile: 537 Residents | $49,850 Average Household Income
• 3-Mile: 4,601 Residents | $61,411 Average Household Income
• 5-Mile: 13,109 Residents | $57,235 Average Household Income
• 7-Mile: 31,815 Residents | $61,477 Average Household Income

WHITE SANDS NATIONAL PARK:

• Located 21 Miles from the Subject Property
• The Park Covers 145,762 Acres
• Established as a National Monument in 1933 and Re-designated as a National Park in 2019
• In 2021, 782,000 Park Visitors Spent an Estimated $46.4 Million in Local Gateway Regions While Visiting White Sands National Park
• These Expenditures Supported a Total of 630 Jobs, $17.7 Million in Labor Income, $28.6 Million in Value Added, and $55.7 Million in Economic Output

TENANT:

• Dollar General Corporation (NYSE: "DG")
• Strong Investment Grade Credit Rating of "BBB' by Standard & Poor's
• 19,294 Stores in 47 States as of May 5, 2023
• Ranked #106 on the Fortune 500 List
• In 2022, Net Sales Increased 10.6% to $37.8 Billion and Same-Store Sales Increased 4.3%