Brand New DG Market 5% Increases 224 Maude St

Investment Highlights

Hard Corner New Construction with 5% Rent Increases every Five Years Allendale is surrounded by hunting land used year around which serves as a traffic generator for local convenience stores 1,700 VPD West of the site and 3,000 VPD North of the site Solid retail node with national tenants such as Napa, Walgreens, Sunoco, Hardees, Family Dollar, Subway Conveniently located to collect traffic from the surrounding housing and commuter traffic on US Hwy 301 NNN ? Zero Landlord Responsibilities - Fifteen-year initial term NNN lease with a 5% rent increase every five (5) years

Executive Summary

New Dollar General lease with 5% increase in rent every five years for the life of the leaseHard Corner locationSolid retail node with national tenants such as Napa, Walgreens, Sunoco, Hardees, Family Dollar, SubwayAllendale is surrounded by hunting land used year around which serves as a traffic generator for local convenience storesConveniently located to collect traffic from the surrounding housing and commuter traffic on US Hwy 3011,700 VPD West of the site and 3,000 VPD North of the siteBrand New ConstructionNew LED Lighting Interior & ExteriorNNN ? Zero Landlord ResponsibilitiesFifteen-year initial term NNN lease with a 5% rent increase every five (5) yearsFive (5)-Year Options10,640 SF BuildingOpened January 2024

• Sale Type    Investment
• Sale Conditions    1031 Exchange 1031 Exchange Build to Suit 1031 Exchange
• Property Type    Retail
• Property Subtype    Retail Retail General Retail Freestanding Retail
• Building Size    10,640
• Year Built    2024
• Price    1,775,711
• Price Per SF    167
• Cap Rate    6.65
• NOI    118,093
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.16
• Land Acres    1.50 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Tenant Controlled HVAC