This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap

Brand New 15-Year Lease | 2019 Construction

1302 Ramsey Street, Fayetteville, NC 28301 (Click to View Map)

Highlights• Brand New 15-Year Lease | Five, Five-Year Options with 10 Percent Rent Increases

• New 2019 Construction | Slated for March 2019 Delivery

• Rare Dollar General with Combination of Dense Demographics, Significant Traffic Counts, Main Thoroughfare Location, Unique Visibility, and Access

• Amazing Customer Access | Located Proximate to Residential Housing, Apartments and Condos, Office, Light Industrial, and Manufacturing

• Appealing Brick Construction | Less Than 1% of Dollar General Locations Have an Upgraded Construction

• Ramsey Street is a Very Busy Corridor Running Through Fayetteville seeing Traffic Counts of 35,000 Cars Per Day

• Tenant is the Nation’s Largest Small-Box Discount Retailer with over 15,000 Locations in 44 States

• Standard & Poor’s Investment Grade (S&P. “BBB”) Tenant | The Only Small-Box Retailer With Investment Grade Credit

Annualized Operating DataLease Year Annual Rent Monthly RentYear 1-15 $104,460 $8,705Option 1: Year 16-20 $114,900 $9,575Option 2: Year 21-25 $126,396 $10,533Option 3: Year 26-30 $139,032 $11,586Option 4: Year 31-35 $152,940 $12,745Option 5: Year 36-40 $168,228 $14,019Net Operating Income $104,460

Tenant SummaryLease Commencement 2019Lease Expiration 2034Original Term 15-Year LeaseOption Term Five, 5-Year OptionsIncreases 10 Percent Per Option Period. Fixed During BaseGuarantee CorporateLease Type Triple-Net (NNN)Landlord Responsibilities NoneLease Term Remaining 15 Years Left

PricingPrice $1,900,000Cap Rate 5.50%Approximate Building Square Footage 9,026 SFYear Built 2019Approximate Lot Size 0.90 Acres

Financing OptionsMultiple financing options are available based on buyer requirements. Please contact listing agents to discuss options in detail.

3-Year Fixed 5.06% - 5.20%5-Year Fixed 5.13% - 5.28%7-Year Fixed 5.22% - 5.37%10-Year Fixed 5.27% - 5.42%

Ramsey St - 35,000 CPD

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Kevin BoeveSenior Vice President Investments

Tel: (909) 456-3450kevin.boeve@marcusmillichap.comCA License: 01247016

Kyle BlattAssociate

Tel: (909) 456-3475kyle.blatt@marcusmillichap.comCA License: 02017976

Allen SmithBroker of Record

Tel: (704) 831-4600Allen.Smith@marcusmillichap.comNC License: 127350

Zero Landlord Maintenance

Multiple Competitive Financing Options

$23.5 Billion in Annual Revenue | More Than Starbucks and Very Close to McDonald’s

28 Straight Years of Sales Growth | 79 Successful Years in Business

Best in Class Industry Leader

Direct Rent Payments

Organized and Automated Landlord Communication

Currently Dollar General could quite possibly be the most desired net leased investment. From 2015 to 2017, including portfolio sales, on average five newly constructed Dollar General locations were purchased by investors every week!

DOLLAR GENERALWhy Investors & Lenders Love

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap

Founded 1939 (78 Years Ago)Type PublicNumber of Locations 15,000+Headquarters Tennessee, United StatesWebsite www.dollargeneral.com

Dollar General (NYSE: DG) is a chain of more than 15,000 discount stores in 44 states, primarily in the South, East, Midwest, and Southwest, offering basic household items, such as cleaning supplies, health, and beauty aids, apparel, and food. The target is low, middle, and fixed-income shoppers. One of Dollar General’s main advantages is that it offers prices as low or lower than Walmart but in more convenient locations.

Rating:BBB

Ranking:#123

Revenue:$23.5 Billion (2017)

# of Locations:15,000+

Demographics1 Mile 3 Miles 5 Miles

Population 5,030 37,500 90,165Households 1,923 15,859 38,339Average Household Income $20,375 $34,570 $38,342

Fayetteville Technical Community College

41,000 Students

Terry SanfordHigh School1,300 Students

U.S. Route 401 - 32,000 CPD

Fayetteville, NC (Population: 204,400) The city has the largest metropolitan area in southeastern North Carolina and sixth-largest in the state. Fayetteville serves as the region’s hub for shops, restaurants, services, lodging,

healthcare, and entertainment. Fort Bragg and Pope Army Airfield are in the northern part of the city and have an economic impact of $66B in gross state product. The military supports roughly 10 percent of the state’s employment.

Highway 210 - 14,000 Cars Per Day

Fayetteville State University

6,000 Students

Cumberland County Public Health Department

&Department of Social Securty

Fay BlockMaterials

Fayetteville Housing Authority

Ramsey Street - 35,000 CPD

Number of Units

10,502 11,13211,789

12,483 13,38314,383

2012

2013

2014

2015

2016

2017

$22

$16 $17.5$18.9

$20.4

2012

2013

2014

2015

2016

Dollar General has more locations than Target and Walmart Combined

Annual Revenue (In Billions)

$23.5

2017

Dollar General Just Keeps on Growing

Confidentiality AgreementThe information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and it should not be made available to any other person or entity without the written consent of Marcus & Millichap. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to Marcus & Millichap.

This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

Net-Leased DisclaimerMarcus & Millichap hereby advises all prospective purchasers of Net Leased property as follows: The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Marcus & Millichap has not and will not verify any of this information, nor has Marcus & Millichap conducted any investigation regarding these matters. Marcus & Millichap makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of a net leased property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material infor-mation before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. Marcus & Millichap expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including new-ly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual perfor-mance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own inves-tigation of all matters affecting the intrinsic value of the property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release Marcus & Millichap Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.