2023 UPGRADED CONSTRUCTION FLORIDA DOLLAR GENERAL • 10,640 SF upgraded construction Dollar General located in the panhandle of Florida. • This Dollar General was built and rent commenced in November 2023 FLORIDA IS A TAX FREE STATE • Florida is one of seven tax free states in the country. • Florida is one of the fastest growing states in the country and is adding over 211,000 residents each year. CRESTVIEW, FL | THE “HUB CITY” OF NORTHWEST FLORIDA • The subject property is located 10 minutes away from the main retail corridor in Crestview. National tenants within the corridor include Publix, Lowe’s Home Improvement, Walmart, Tractor Supply, and more. • Crestview is located at the junction of three major highways which resulted in its acclaimed designation as the “Hub City” of Northwest Florida. • These highways allow its residents to travel less than 30 minutes to the Emerald Coast (7 Million Visitors per year) • The city is the county seat and its economy is mostly driven by tourism, real estate, military, and manufacturing sectors. THE EMERALD COAST | FORT WALTON BEACH - DESTIN MSA (7M TOURIST ANNUALLY) • Crestview is located 30 minutes north of Fort Walton Beach and Destin and is a part of the MSA. Pensacola is also only 45 minutes away from this property. • The Emerald Coast is the name for the coastal area in Florida which includes Pensacola Beach, Navarre Beach, Fort Walton Beach, Destin, and Panama City Beach. • Destin is known for its white sand beaches and is responsible for attracting 80% of the 7 million tourists that visit the Emerald Coast each year. • Pensacola is one of the largest metropolitan areas in the Gulf Coast region with a population of over 502,000 with close proximity to Mobile, Birmingham, and Atlanta. • The Port of Pensacola is Northwest Florida’s most diverse and business focused deep-water 265,000 SF port that had a revenue of over $2.5 Million in 2022. 14 YEAR CORPORATE NNN LEASE • There are 14 years remaining on a 15-year corporate guaranteed NNN Lease with Dollar General. • Tenant is 100% responsible for all expenses including taxes, insurance, roof and structure. • There are 10% rent increases in each of the Five, 5-year option periods. INVESTMENT GRADE TENANT WITH OVER 20,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 20,000 locations and plans to open 800 stores in 2024. • Dollar General has been in business for 80 years and has a current net worth of over $6.2 billion.