INVESTMENT HIGHLIGHTS

DOLLAR GENERAL CORPORATE LEASE:

• Approximately 8.25 Years Remaining in the Initial 15 Year Lease Term
• 2014 Construction - 9,100 SF
• Four (4) - Five (5) Year Option Periods with 10% Rental Increases
• Wide Profile Building Type for Flexible Use and Universal Applications

A TRUE COUPON CLIPPER | ABSOLUTE NNN LEASE:

• Absolute NNN Lease with ZERO Management Responsibilities
• Tenant Pays for ALL Operating Expenses, Insurance & Property Taxes
• Ideal, Management-Free Investment for an Out-of-State, Passive Investor

EXPLOSIVE POPULATION GROWTH:

• 1-Mile = 2.59% Annually (12.95% Over the Next 5 Years)
• 3-Mile = 2.74% Annually (13.70% Over the Next 5 Years)
• 5-Mile = 2.81% Annually (14.05% Over the Next 5 Years)
• 7-Mile = 2.82% Annually (14.10% Over the Next 5 Years)

PROXIMITY TO OTHER MAJOR CITIES:

• Pensacola, Florida | 24 Miles - 29 Minute Drive
• Mobile, Alabama | 71 Miles - 1 Hour: 6 Minute Drive
• Panama City, Florida | 120 Miles - 2 Hour: 9 Minute Drive
• Tallahassee, Florida | 177 Miles - 2 Hour: 41 Minute Drive
• Columbus, Georgia | 228 Miles - 3 Hour: 43 Minute Drive

TRADE AREA DEMOGRAPHICS:

• 1-Mile Population = 1,970 Residents
• 1-Mile Average Household Income = $78,920
• 3-Mile Population = 24,925 Residents
• 3-Mile Average Household Income = $79,379
• 5-Mile Population = 63,314 Residents
• 5-Mile Average Household Income = $74,922
• 7-Mile Population = 82,331 Residents
• 7-Mile Average Household Income = $77,155

TENANT:

• Dollar General (NYSE: DG) Features Investment Grade Credit "BBB" by Standard & Poor's
• 17,000 Stores in 46 States as of November 14, 2020
• Dollar General Achieved Their 31st Consecutive Year of Positive Same-Store Sales Growth in 2020
• Ranked #112 on the Fortune 500 List - Up 7 Spots from Last Year (Dollar General has Moved Up the Fortune 500 Rankings for 11 Consecutive Years)
• In 2021 Dollar General Plans to Execute 2,900 Real Estate Projects, Including 1,050 New Store Openings, 1,750 Store Remodels, and 100 Store Relocations