INVESTMENT HIGHLIGHTS

FAMILY DOLLAR CORPORATE LEASE:

• Approximately 7.5 Years Remaining in the Current Lease Term
• 2016 Build to Suit Construction
• Six (6) - Five (5) Year Option Periods with 10% Rental Increases

GUARANTEED RENTAL INCREASE IN YEAR 11:

• 10% Rental Increase in Year 11 of the Initial Lease Term (April 2026)
• Cap Rate Increases to 6.87% in April 2026 (Assuming a Purchase at List Price)
• Blended Cap Rate of 6.67% (Assuming a Purchase at List Price)

ABSOLUTE NNN LEASE:

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

PROXIMITY FROM PRINCESS ANNE, MD:

• Wilmington, DE | 123 Miles
• Washington, D.C. | 135 Miles
• Baltimore, MD | 136 Miles
• Philadelphia, PA | 151 Miles
• Richmond, VA | 204 Miles

LOCATION:

• Subject Property Located in the Heart of Town
• Two Access Points - Mt Vernon Rd & Walnut St
• Located 0.8 Miles from the University of Maryland Eastern Shore
• National Retailers in the Immediate Area Include: Royal Farms, McDonald's, Hardee's, Food Lion, Popeyes and Fresenius

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
• In 2022, Net Sales Increased 7.6% to a Company-Record of $28.3 Billion