Lease & Location

• 2022 built-to-suit for Family Dollar
• ±6.25 years remaining on an initial 10-year corporately guaranteed lease
• Rent escalations of $5,250 ($0.50/SF) every five years throughout the base and option terms
• Five (5) renewal options of five (5) years each
• Net lease structure – tenant reimburses taxes and insurance; landlord responsible for structural components
• Nearby national tenants include Walmart Distribution Center, McDonalds, Napa Auto Parts, Burger King, Caseys, Sonic, O’Reilly Auto Parts, Ace Hardware, and more
• Strategically positioned near major routes serving both local and regional trade
• Average household income of $86,684 within a 5-mile radius, supported by stable rural-suburban demographics

Tenant Highlights

• Family Dollar, a leading national discount retailer operating 8,000+ stores across 48 states
• Recently acquired for approximately $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co.
• Now operating as an independent company with renewed access to capital and enhanced retail expertise
• This new ownership is expected to accelerate store remodels, broaden merchandise offerings, and strengthen operational performance
• With its value-driven business model and deep community presence, Family Dollar remains a resilient anchor tenant positioned for sustained long-term growth