STABILITY AND EASE OF OWNERSHIP As part of Caprock neighborhood shopping center, this property is 100% leased to Dollar Tree and CLUB4 Fitness on a NNN basis with new 10-year leases. The building has undergone extensive renovation including a new roof, exterior and interior upgrades, and new tenant finish-outs. New ownership will benefit from long-term tenant commitment and a highly renovated building. TOP PERFORMING DOLLAR TREE This exceptional location is the #1 ranked Dollar Tree store in the Lubbock market and ranks in the top 6% among all Dollar Tree stores nationally (Placer.ai). Operating from this location since 2004, Dollar Tree recently signed its 4th lease extension with a 28% rent increase and a new 10-year firm lease term solidifying their commitment to this exceptional location. CLUB4 FITNESS CONTINUES STRATEGIC EXPANSION C4F's regional expansion throughout Texas and the Southeast to meet the strong consumer demand for clean, modern fitness facilities at affordable rates continues at this ideal location. The corporately managed facility will bring a full-service fitness facility to this densely populated area of Lubbock with great traffic and strong target demographics featuring a diverse mix of family and college student households. C4F signed a new 10-year lease in 2024 and is completing their full renovation in this new facility. C4F will be one of only two full-service fitness facilities within 2.5 miles, covering a dense population of college students and families in the immediate surrounding neighborhoods. STRONG IMMEDIATE AREA LEASING VELOCITY AND NEW DEVELOPMENT This infill Lubbock intersection along 50th Street at University Avenue has experienced a surge in new leases in recent months and years. New leases and development surround the property including incoming Five Below and DD's along with recent developments of Murphy USA, Lonestar Suds, and HTeaO beverage drive-thru. HIGH TRAFFIC INFILL LOCATION Located along 50th Street at the intersection with University Avenue, Caprock is situated within 2 miles of Texas Tech University (42,000+ students) and generates a combined 60,000 vehicles per day at the intersection. "HUB CITY" Lubbock serves areas as far as Oklahoma City and Albuquerque and has evolved into one of the most diverse economies in the state. Industries spanning health care, technology, agriculture, manufacturing, education, and retail continue to thrive in Lubbock. A Level-1 trauma center that services a 250-mile radius and a tier-1 university further solidify the market as the Hub City of West Texas and eastern New Mexico.