INVESTMENT HIGHLIGHTS

FAMILY DOLLAR CORPORATE LEASE:

• 2008 Construction
• 7.25 Years Remaining in the Lease Term
• Six (6) - Five (5) Year Option Periods with 10% Rental Increases

RECENT LEASE EXTENSION | RECENT H2 REMODEL | HIGH PERFORMING LOCATION:

• In October 2020, Tenant Extended the Lease Early Through December 31, 2027
• Tenant Recently Completed the H2 Remodel to the Subject Property
• In 2019, Tenant Operated at a 4.42% Rent-to-Sales Ratio

NN+ LEASE | MINIMAL LANDLORD RESPONSIBILITIES:

• Landlord Responsibilities Limited to Roof & Parking Lot
• Tenant is Responsible for Maintaining, Repairing & Replacement of HVAC Units
• Tenant is Responsible for Lawn and Landscape Maintenance Including Mowing, Snow Removal, Ice Removal, Trash Removal, Repairing Parking Area Lights; and Restriping the Parking Lot
• Tenant is Responsible for Asphalt/Concrete Repairs Made to the Parking, Service & Access in Any Lease Year up to $1,500 Per Year

LOCATION:

• Traffic Counts of Approximately 23,006 Vehicles Per Day
• Aldine Bender Road is a Six (6) Lane Road
• Subject Property is Located Less than 7.2 Miles from George Bush Intercontinental Airport - the 14th Busiest Airport in the United States

PROXIMITY TO OTHER MAJOR CITIES:

• Austin, Texas | 165 Miles
• San Antonio, Texas | 197 Miles
• Dallas, Texas | 239 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile Population = 3,477 Residents
• 1-Mile Average Household Income = $53,926
• 3-Mile Population = 76,481 Residents
• 3-Mile Average Household Income = $42,592
• 5-Mile Population = 224,801 Residents
• 5-Mile Average Household Income = $46,971