KITTRELL & ARMSTRONG, LLC

Exclusively offered by: STANLEY H. ARMSTRONG, CCIM, SIOR THOMAS F. STOUGHTON, BROKER J. BRYANT KITTRELL, III, SIOR Managing Partner Managing Partner Managing Partner (252) 531-9844 (252) 531-1054 (252) 355-0088

Kittrell and Armstrong has made every effort to present accurate information here. Any disclosures of current performance or specifications are not a guarantee of future performance. All figures

and assumptions should be independently verified.

2815 B Charles Boulevard

Greenville, North Carolina 27858

252-355-0088

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KITTRELL & ARMSTRONG, LLC

EXCLUSIVELY LISTED BY: STANLEY H. ARMSTRONG, CCIM, SIOR THOMAS F. STOUGHTON, BROKER J. BRYANT KITTRELL, III, SIOR Managing Partner Managing Partner Managing Partner (252) 531-9844 (252) 531-1054 (252) 355-0088

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DOLLAR GENERAL Winston-Salem, North Carolina

INVESTMENT SUMMARY

Offering Price $1,519,000.00

Net Operating Income $106,020.00

CAP Rate 7.0%

Lease Term Remaining 8+ Years

RENT SCHEDULE Lease Years Annual Rent Monthly Rent Cap Rate

Years 1– 15 $106,020.00 $ 8,835.00 7.0%

Option Years

Option 1 $116,622.00 $ 9,718.50 7.7%

Option 2 $128,284.20 $10,690.35 8.4%

Option 3 $141,112.68 $11,759.39 9.3%

Option 4 $155,223.84 $12,935.32 10.2%

OFFERING SUMMARY Offering Price $ 1,519,000.00

Cap Rate 7.0%

Annual Rent -Years 1-15 $106,020.00

Gross Leasable Area (GLA) 9230 +/- SF

Price/SF (GLA) $164.57

Year Built 2011

Lot Size 1.3 Acres

LEASE SUMMARY Tenant Dolgencorp, LLC

Guarantor Dollar General Corporation

Lease Type Absolute Net

Ownership Fee Simple

Original Lease Term 15 Years

Lease Expiration Date July 31, 2026

Renewal Options (4) Five Year Options

Option to Terminate None

Option to Purchase None

First Right of Refusal None

DEMOGRAPHIC SUMMARY 1-Mile 3-Mile 5-Mile

2010 Population 5,443 55,145 129,755

2017 Population 5,683 57,530 135,502

2017 Households 1,969 22,382 53,263

2017 Avg. HH Income $33,764 $52,124 $61,091

KITTRELL & ARMSTRONG, LLC

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E X E C U T I V E S U M M A RY Dollar General

Dollar General

3414 North Patterson Avenue Winston-Salem, North Carolina 27105

KITTRELL & ARMSTRONG, LLC

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E X E C U T I V E S U M M A RY Dollar General

Investment Overview Kittrell and Armstrong, LLC, is pleased to exclusively market for sale the Dollar General in Winston-Salem, North Carolina. This building is situated on 1.3 acres and contains approximately 9230 square feet. Dollar General has four, five year renewal options with ten percent rent increases each option period.

The property is located in North Winston-Salem between John Gold Memorial Express and Indiana Avenue. The area surrounding this property has stable demographics, with 5,683 residents located within one mile and 57,530 residents located within three miles. The average household income is $61,091 within five miles of the property. Other retailers surrounding the property include Auto Zone, Rite Aid, Citi Trends, Food Lion, American Deli and Beauty World.

KITTRELL & ARMSTRONG, LLC

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P R O P E R T Y D E S C R I P T I O N Dollar General

3414 North Patterson Avenue

Winston-Salem, North Carolina

KITTRELL & ARMSTRONG, LLC

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P R O P E R T Y D E S C R I P T I O N Dollar General

3414

North