DOLLAR TREE

INVESTMENT HIGHLIGHTS

• 2024 build-to-suit construction for Dollar Tree
• ±9.75 Years remaining on an initial 10-Year lease
• Four, 5-Year renewal options all of which include a $5,000 rent increase ($0.50 PSF)
• Corporately guaranteed lease
• The subject property comes with a 20-Year roof warranty
• 5-Mile population of 17,544 residents
• 10-Mile population of 29,383 residents
• Average household income of $59,040 annually
• Traffic counts on Hwy 65 exceed 33,500 vehicles daily
• Austin is located approximately 35 miles North of Louisville, KY and 95 miles South of Indianapolis, IN
• Austin IN is home to a Pepsi Co manufacturing facility and Morgan’s Foods which employees approximately 550 employees
• Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
• Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability
• Investment Grade Credit Tenant – S&P Rated BBB