INVESTMENT HIGHLIGHTS

FAMILY DOLLAR CORPORATE LEASE:

• 2004 Construction Build-to-Suit Family Dollar
• 1.25 Years Remaining in the Lease Term (Lease Exp: 06/30/2024)
• Three (3) - Five (5) Year Renewal Options
• Rental Increases in Option Periods: Option 1 = 34.44%; Options 2-3 = 10.00%

20+ YEAR OPERATING HISTORY:

• Family Dollar Has Been Operating at this Location Since 2004

A TRUE COUPON CLIPPER | ABSOLUTE NNN LEASE:

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

PROXIMITY FROM PHOENIX:

• Scottsdale, AZ | 12 Miles
• Surprise, AZ | 22 Miles
• Buckeye, AZ | 36 Miles
• Casa Grande, AZ | 47 Miles
• Tucson, AZ | 112 Miles
• Sedona, AZ | 116 Miles
• Las Vegas, NV | 300 Miles

SOUTH CENTRAL VALLEY METRO EXTENSION:

• Valley Metro's Most Important Project Since the Light Rail System Started Operating in 2008
• Light Rail System in Downtown Phoenix Will Extend & Operate South to Baseline Road on South Central Avenue
• The Extension and New Downtown Hub Are Expected to Cost $1.3 Billion

TRADE AREA DEMOGRAPHICS:

• 1-Mile Population = 18,940 Residents
• 1-Mile Average Household Income = $55,733
• 3-Mile Population = 102,797 Residents
• 3-Mile Average Household Income = $74,067
• 5-Mile Population = 184,649 Residents
• 5-Mile Average Household Income = $74,101

TENANT:

• Strong Corporate Guaranty (NASDAQ: "DLTR") - Dollar Tree Inc. Is Rated "BBB" by Standard & Poor's
• 16,340 Stores Across 48 States as of January 28, 2023
• Ranked #137 on the Fortune 500 List