INVESTMENT HIGHLIGHTS

FAMILY DOLLAR CORPORATE LEASE:

• Approximately 7.5 Years Remaining in the Current Lease Term
• 2016 Build to Suit Construction

GUARANTEED RENTAL INCREASE IN YEAR 11:

• 10% Rental Increase in Year 11 of the Initial Lease Term (July 2026)
• Cap Rate Increases to a 6.87% in July 2026 (Assuming a Purchase at List Price)

ABSOLUTE NNN LEASE:

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

PROXIMITY FROM LELAND, NORTH CAROLINA:

• Wilmington, NC | 12 Miles
• Jacksonville, NC | 60 Miles
• Myrtle Beach, SC | 70 Miles
• Fayetteville, NC | 82 Miles
• Raleigh, NC | 136 Miles
• Charleston, SC | 168 Miles
• Charlotte, NC | 191 Miles
• Columbia, SC | 200 Miles

TRADE AREA DEMOGRAPHICS:

• 1-Mile Population: 2,078 Residents; 1.16% Projected Annual Growth
• 1-Mile Average Household Income: $114,322
• 3-Mile Population: 19,598 Residents; 1.30% Projected Annual Growth
• 3-Mile Average Household Income: $97,458
• 5-Mile Population: 37,650 Residents; 1.26% Projected Annual Growth
• 5-Mile Average Household Income: $93,360
• 7-Mile Population: 55,723 Residents; 1.36% Projected Annual Growth
• 7-Mile Average Household Income: $89,143

TENANT:

• Dollar Tree, Inc. (NASDAQ: "DLTR")
• Investment Grade Credit Rating of "BBB-" by Standard & Poor's
• 16,476 Stores as of July  29, 2023
• Ranked #137 on the Fortune 500 List