Investment Highlights

NEW 15-YEAR ABSOLUTE NNN LEASE WITH CORPORATE GUARANTY TO GROWING RETAIL TENANT
» New 15-year absolute NNN lease to growing retail 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, providing a hedge against inflation
» No landlord management, with the tenant responsible for taxes, insurance, and all maintenance, including roof, structure, and parking lot
» Ideal investment opportunity for an out-of-area investor
» High-quality 2022 upgraded construction with corner-entry

MAJOR NATIONAL TENANT WITH STRONG FINANCIALS
» Dollar General’s annual revenue exceeds $34.2 billion
» Dollar General Ranked #91 on Fortune 500 list in 2021 (the 21-place jump into the Top 100 reflects the company’s exceptional growth)
» Dollar General Corporation is rated “BBB” by Standard & Poor’s and “Baa2” by Moody’s
» Dollar General operates more than 18,130 locations in 47 states and has plans for significant future growth

HIGH-QUALITY 2022 UPGRADED CONSTRUCTION WITH CORNERENTRY
» Strategic hard-corner location on North Main Road (22,073 AADT) and East Wheat Road (7,353 AADT), with excellent visibility at the signalized intersection
» Nearby tenants include Walgreens, Rite Aid, CVS Pharmacy, Family Dollar, McDonald’s, Dunkin’, and more
» Proximity to single and multi-family-developments, including Arbors on Main Apartments (157 units), Buena Terrace Apartments (70 units), and East Park Avenue Apartments (43 units)
» Minutes from well-attended schools including Marie Durand Elementary School (539 students), D’Ippolito Elementary School (566 students), Dr. JP Cleary School (309 students), and more
» Beneficial proximity to Philadelphia International Airport (serves over 33 million annual passengers)
» 65,160 residents within a five-mile radius
» Average annual household income of $94,206 within one mile (projected 34% increase by 2027)
» Gateway to Philadelphia (1.6 million residents) and Atlantic City (38,466 residents)

Property Description

SOLD

» Dollar General is strategically located at the hard-corner signalized intersection of North Main Road and East Wheat Road with excellent visibility access to 29,426 vehicles per day
» The site is minutes from several well-attended schools including Marie Durand Elementary School (539 students), D’Ippolito Elementary School (566 students), Dr. JP Cleary School (309 students), and more
» The property is near many single and multi-family-developments including, Arbors on Main Apartments (157 units), Buena Terrace Apartments (70 units), and East Park Avenue Apartments (43 units)
» The location maintains beneficial proximity to Philadelphia International Airport which serves over 33 million passengers each year
» The site is centrally located 37 miles from Philadelphia (Pennsylvania’s most-populous city with 1.6 million residents) and 35.5 miles from Atlantic City (38,466 residents) a popular resort city on New Jersey’s Atlantic coast known for its many casinos, wide beaches, and an iconic Boardwalk and visited by over 27 million people annually
» 65,160 residents live within a five-mile radius with an average annual household income of $94,206 within one mile
» The community is poised for growth with average annual household incomes projected to increase 34 percent by 2027