INVESTMENT HIGHLIGHTS

DOLLAR GENERAL CORPORATE LEASE:

• Approximately 8.5 Years Remaining in the Initial 15 Year Lease Term
• 2015 Build to Suit Construction - 9,002 SF
• Four (4) - Five (5) Year Option Periods
• 10% Rental Increases in Options

A TRUE COUPON CLIPPER | ABSOLUTE NNN LEASE:

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

PROXIMITY FROM PANAMA CITY, FLORIDA:

• Tallahassee, Florida | 91 Miles
• Pensacola, Florida | 122 Miles
• Montgomery, Alabama | 159 Miles
• Mobile, Alabama | 170 Miles
• Jacksonville, Florida | 258 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile Population = 574 Residents
• 1-Mile Average Household Income = $91,972
• 3-Mile Population = 3,034 Residents
• 3-Mile Average Household Income = $88,075
• 5-Mile Population = 3,653 Residents
• 5-Mile Average Household Income = $83,144
• 7-Mile Population = 5,781 Residents
• 7-Mile Average Household Income = $76,502

PANAMA CITY, FLORIDA:

• The County Seat of Bay County, Florida
• Located Along U.S. Route 98 and is the Largest City Between Tallahassee and Pensacola
• St. Andrews Bay Surrounds Much of Panama City and Provides a Protected Harbor for Facilities at the Growing Port of Panama City Complex

TENANT:

• Dollar General (NYSE: DG) Features Investment Grade Credit "BBB" by Standard & Poor's
• 17,683 Stores in 46 States as of July 30, 2021
• Dollar General Achieved Their 31st Consecutive Year of Positive Same-Store Sales Growth in 2020
• Ranked #91 on the Fortune 500 List - Up 21 Spots from Last Year (Dollar General has Moved Up the Fortune 500 Rankings for 12 Consecutive Years)