INVESTMENT HIGHLIGHTS

DOLLAR GENERAL CORPORATE LEASE:

• 8 Years of Guaranteed Lease Term
• 2010 Build to Suit Construction
• Five (5) - Five (5) Year Option Periods with 10% Rental Increases

NN+ LEASE:

• Landlord Responsibilities Limited to Roof, Structure & Parking Lot
• Tenant is Responsible for All Repairs/Replacement of the HVAC Units
• Tenant Reimburses Common Area Maintenance Expenses in Full - Tenant Pays Landlord 1/12 of the Prior Year Amount & Reconciles in Full with Landlord at the End of the Year

RECENT LEASE EXTENSION | COMMITMENT TO LOCATION:

• Dollar General Recently Extended the Lease Early for an Additional 5 Years Through 03/31/2031

WILLOW CREEK HOUSING COMMUNITY:

• Located 1.8 Miles from the Subject Property
• Brand New Homes in the Low $300,000 to the High $400,000 Range
• Townhomes Starting in the Low $200,000 Range
• The Project Will Result in 224 New Homes
• Phase 1 = 75 Lots; Phase 2 = 52 Lots; Phase 3 = 52 Lots; Phase 4 = 45 Lots
• Neighborhood Amenities Will Include Walking Trails Along the Creek, Green Belts, and a Private Park with Playgrounds
• Strong Protective Covenants are in Place which Will Require a Certain Standard of Design and Materials for Homes that are Built

PROXIMITY FROM FLORENCE, CO:

• Cañon City, CO | 10 Miles
• Pueblo, CO | 34 Miles
• Colorado Springs, CO | 40 Miles
• Castle Rock, CO | 81 Miles
• Denver, CO | 109 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile: 2,447 Residents | $77,433 Average Household Income
• 3-Mile: 7,985 Residents | $69,500 Average Household Income
• 5-Mile: 13,860 Residents | $71,954 Average Household Income
• 7-Mile: 22,634 Residents | $82,981 Average Household Income

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