Investment Highlights

15-YEAR ABSOLUTE NNN LEASE WITH A CORPORATE GUARANTY
» 15-year absolute NNN lease to an investment grade credit tenant
» Guaranteed by Dollar General Corporation (NYSE: “DG”)
» Fixed rent in the initial term with 10% rental increases every five (5) years in option periods
» No landlord management, with the tenant responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot

MAJOR NATIONAL TENANT WITH STRONG FINANCIALS
» Dollar General’s annual revenue exceeds $34.2 billion
» Dollar General ranked #106 on the Fortune 500 list in 2022
» Dollar General Corporation is rated “BBB” by Standard & Poor’s and “Baa2” by Moody’s
» Dollar General operates more than 19,147 locations in 47 states with plans for significant future growth

NO COMPETITION IN A WIDE AND UNDERSERVED TRADE AREA WITH 31,000 PEOPLE WITHIN FIVE MILES INCLUDING TWO RETIREMENT COMMUNITIES WITHIN TWO MILES
» Highly visible and accessible location along U.S. Route 206 with access to 20,012 daily vehicles
» Supported by a strong customer base of 553,661 residents within a 15-mile radius
» High average annual household income of $140,441 within five miles (projected to increase by 16% over the next five years)
» Gateway to Philadelphia (1.58 million residents), the largest city in Pennsylvania and the 6th largest city in the United States
» Part of the tri-state Philadelphia metropolitan area “Greater Philadelphia”, the seventh-largest metro region in the nation with 6.5 million residents
» Greater Philadelphia is strategically located in the heart of the East Coast with a world-class transportation network offering a competitive advantage to companies operating in the region
» 33 miles from Philadelphia International Airport which serves 32.24 million passengers annually to more than 140 destinations worldwide

NEW 2023 HIGH-QUALITY UPGRADED CONSTRUCTION
» High-quality upgraded 2023 construction with plank, wainscot, and shutters
» Large 3.308-acre lot with 47 parking stalls

Property Description

» Excellent Visibility and Accessibility: No competition in a wide and underserved trade area with 31,000 people within five miles, including two retirement communities within two miles
» Large and Strong Customer Base: The property benefits from a substantial population of 553,661 residents within a 15-mile radius potentially resulting in consistent sales performance
» High Income Demographic: The property benefits from a high average annual household income of $140,441 within five miles and is projected to increase by 16% over the next five years, providing access to households with significant purchasing power
» Gateway to a Populous Hub City: Located in close proximity to Philadelphia, the 6th largest city in the United States with a population of 1.58 million offering the property access to a large and diverse customer base
» Thriving Metropolitan Area: The property is part of the tri-state Philadelphia metropolitan area, “Greater Philadelphia”, with a population of 6.5 million residents, providing unlimited growth potential
» Strategic Location: Greater Philadelphia is located in the heart of the East Coast, boasting a world-class transportation network, and offering a competitive advantage to businesses operating in the region. Furthermore, the property is conveniently situated 33 miles from Philadelphia International Airport, which serves 32.24 million passengers annually to more than 140 destinations worldwide