LOW RENT & PRICE POINT • The subject property has a lower rent which equates to a low price point of $1,196,000. INVESTMENT GRADE TENANT (S&P: BBB) • Dollar Tree/Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB. • Dollar Tree/Family Dollar operate 16,340+ stores across 48 states and five Canadian provinces. • Dollar Tree has been in business for 70 years and has a current net worth of over $33 billion. 9 YEAR CORPORATE LEASE • Family Dollar Tree renovated & backfilled a former hardware store and signed a new 10 year lease that commenced in June 2023. • There are approximately 9 years left on a 10-year corporate guaranteed NN Lease with Family Dollar Tree. • Tenant is responsible for routine parking lot maintenance, landscaping, HVAC, Taxes, Insurance, and utilities. • The Landlord responsibilities include Roof, Structure and Parking Lot. • The rent increases $0.50/SF in each of the Five, 5-year option periods. ALGONA | COUNTY SEAT OF KOSSUTH COUNTY • Algona is located in north-central Iowa and is the county seat of Kossuth County. • Algona's economy has been based on agriculture, manufacturing, healthcare, and retail. • Key employers in Algona include manufacturing companies, educational institutions, and healthcare facilities. NEAR FORT DODGE, IA • The subject property is located in Algona which is less than 1 hour north of Fort Dodge on Hwy 169 (9,270 VPD). • Fort Dodge is the county seat of Webster county and is a major commercial center for North Central and Northwest Iowa. • The major industries of Fort Dodge are biofuels, livestock feed, gypsum and limestone mining, can production, drywall manufacturing, trucking, the manufacture of veterinary pharmaceuticals and vaccines, and retail. • Three major national trucking companies (primarily flatbed carriers serving the drywall industry) are based in Fort Dodge. The city also serves as a retail center for North-Central Iowa. • Home to the central campus of Iowa Central Community College (4,704 students enrolled). • National Retailers in Fort Dodge include Target, ALDI, Menards, Walmart and more.