RECENT LEASE EXTENSION - Strong Corporate Lease • Family dollar is an investment grade company with a S&P credit rating of BBB • Dollar Tree (parent company of Family Dollar) is a publicly traded company (NASDAQ: DLTR) with a market capitalization of $29.46B • Family Dollar has over 8,200 locations Name Brand Tenant • Over 16,000 Family Dollar and Dollar Tree locations in 48 different states • Dollar Tree is ranked #134 on Fortune 500 E-commerce + Recession Resistant Tenant • Family Dollar same store sales increased by 5.8% from Q4-2022 • Classified as a recession proof essential business • Merchandising Strategy is focused on discount items Over 15 Years of Continuous Operating History • Tenant has occupied premises since the store was built in 2007 • Recently exercised a 5 year extension • Tenant has shown conviction to location with long operating history Passive Income • NN Lease provides new owner with minimal Landlord responsibility • 10% Rental Increases for reach option, provides next owner hedge against inflation