INVESTMENT HIGHLIGHTS

DOLLAR GENERAL CORPORATE LEASE:

• 6.75 Years of Guaranteed Lease Term
• 2005 Build to Suit Construction
• Three (3) - Five (5) Year Option Periods with 10% Rental Increases

NN LEASE:

• Landlord Responsibilities Limited to Roof, Structure, Parking Lot & HVAC Units
• Tenant Contributes $488 Per Month for Parking Lot Maintenance (Increases 15% in Each Option Period)
• Landlord Recently Completed HVAC Repairs of $10,000
• This Location is Part of Dollar General’s National Insurance Program
• Tenant is Responsible for Snow Removal

RECENT LEASE EXTENSION | STRONG OPERATING HISTORY:

• Dollar General Recently Extended the Lease Early for an Additional 5 Years Through 05/31/2030
• Dollar General Has Been Operating at This Location Since 2005
• An Original 10-Year Lease That Tenant Has Extended Early 3 Separate Times (All at Least 2 Years Prior to the Lease Expiration Date)

WEST TEXAS A&M UNIVERSITY:

• Located 0.3 Miles from the Subject Property
• Established in 1910
• Enrollment of Approximately 10,000 Students
• 342-Acre Residential Campus - 61 Buildings
• 60 Undergraduate Programs; 3 Masters Programs; 2 Doctorate Programs

PALO DURO CANYON STATE PARK - THE GRAND CANYON OF TEXAS:

• Located 12 Miles from the Subject Property
• Welcomed 442,242 Visitors in 2022
• 2nd Largest Canyon in the United States
• 800 Feet Deep and Covers 30,000 Acres
• 15,000 Acres of Trails to Hike and Bike

PROXIMITY FROM CANYON, TX:

• Amarillo, TX | 19 Miles
• Clovis, NM | 89 Miles
• Lubbock, TX | 103 Miles
• Midland, TX | 221 Miles
• Wichita Falls, TX | 239 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile: 7,673 Residents | $71,622 Average Household Income
• 3-Mile: 16,917 Residents | $87,920 Average Household Income
• 5-Mile: 22,489 Residents | $95,481 Average Household Income
• 7-Mile: 29,206 Residents | $95,974 Average Household Income

TENANT:

• Dollar General Corporation (NYSE: "DG")
• Strong Investment Grade Credit Rating of "BBB" by Standard & Poor's
• 19,488 Stores in 47 States as of August 4, 2023
• Ranked #106 on the Fortune 500 List