FAMILY DOLLARMarietta, SC

Market Positioning and Pricing Analysis

FAMILY DOLLARMarietta, SCACT ID Y0960041

N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E

Non-EndorsementsMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

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

DisclaimerTHIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BECONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but wemake no representations or warranties, express 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. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap. All rights reserved.

Investment Overview

Marcus & Millichap is pleased to present the exclusive lis ti ng for a Family Dollar located at 3055 Geer Highway in Marietta, South Carolina. Built in 2006, the building consists of 9,118 square feet of building space and is situated on a .90 acre parcel.

This investment is subject to a double-net lease and will be leased up until 2021 with five, five-year option periods remaining. This is a corporate location and is guaranteed by Dollar Tree corporate, which has a strong credit rating (S&P BB ). The base rent is $72,000.Family Dollar has renewed for the next five years showing strong commitment to this location.

Family Dollar is one of the fastest growing discount store chains in the United States. Their merchandising strategy is what drives their growth and provides customers with attractive values on basic goods for the family and home in a small-box, neighborhood format. For over 50 years, Family Dollar has provided customers with value and convenience.

Dollar Tree officially acquired Family Dollar for $8.5 billion, combining for over 13,000 stores in48 states and five Canadian provinces with sales of over $18 billion.

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MARCUS & MILLICHAP ADVANTAGE

INVESTMENT OPTIONS AND OPPORTUNITIESThe success of Marcus & Millichap is based on our collaborative culture of information sharing across our network of more than 1,700 investment professionals, which maximizes value for each of our clients.

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Working with a unique platform that is antithetical to the concept of “pocket listings,” our investment professionals share all listings with the entire Marcus & Millichap team. Each professional specializes in a property type and has a database of local properties and owners, which is leveraged in every client assignment. Because each local agent specializes in a single product type in a specific geographic region, our clients are completely covered across the U.S. and Canada with every investment.

Our foundation of information sharing maximizes pricing for ourclients and gives us the largest inventory of any firm in the industry.

The size and accessibility of our inventory enables you to sell your property and quickly move into another profitable investment.

$16.9BC U R R E N T L YEXCLUSIVELY LISTEDINDUSTRY’S LARGEST SELECTION OF

QUALITY INVESTMENT INVENTORY

1031 EXCHANGES

32 %TRANSACTIONS CLOSED

WITH 1031 EXCHANGE BUYERS

IN 2016

1 , 700C O L L A B O R A T I V E

AGENT DATABASES

MARCUS & MILLICHAP ADVANTAGE

WIDE RANGE OF CAPABILITIES, PROVEN EXECUTION PROCESSOur proprietary platform and wide range of capabilities maximize our client results. As an industry leader in closed transactions with a history of repeat business, you can trust in our decades of process-driven success.

MARCUS & MILLICHAP CAPABILITIES

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PERFECTEDPROCESS-DRIVEN

Investment Sales and Product Specialization

Largest Collaborative Investment Sales Force

Local Submarket Client Coverage

Industry Leading Technology Platform

Real-Time Access to Transaction Data

Access to Competitive Financing

Largest Pool of Exclusive Inventory

EXECUTIONPricing, Marketing, and Positioning Strategy to Drive Competitive Bidding

Timeline-Driven Escrow Management to Mitigate Risk

Transaction Execution for 1031 Exchange Candidates

8,995T R A N S A C T I O N S CLOSED IN 2016

4.5T R A N S A C T I O N S C L O S E D E V E R Y B U S I N E S S H O U R

47%T R A N S A C T I O N S

CLOSED WITH OUT-OF-STATE CAPITAL IN 2016

MARCUS & MILLICHAP ADVANTAGE

MARCUS & MILLICHAP CAPITAL CORPORATION CAPABILITIESMMCC—our fully integrated, dedicated financing arm—is committed to providing superior capital market expertise, precisely managed execution, and unparalleled access to capital sources providing the most competitive rates and terms.

We leverage our prominent capital market relationships with commercial banks, life insurance companies, CMBS, private and public debt/equity funds, Fannie Mae, Freddie Mac and HUD to provide our clients with the greatest range of financing options.

Our dedicated, knowledgeable experts understand the challenges of financing and work tirelessly to resolve all potential issues for the benefit of our clients.

Enhanced control through investor qualification support

Enhanced control through MMCC’s ability to qualify investor finance contingencies

Enhanced control throughMMCC’s ability to monitor investor/ due diligence and underwriting to ensure timely, predictable closings

Enhanced control through quickly identifying potential debt/equity sources, processing, and closing buyer’s finance alternatives

WHY MMCC?Optimum financing solutions to enhance value

National platform operating

within the firm’s brokerage offices

$5.1 billion total national

volume in 2016

Access to more capital sources than any other

firm in the industry

Closed 1,651 debt and equity

financingsin 2016

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PROPERTY NAME

Investors Choose Marcus & Millichap More than Any Other Firm

NET LEASED PROPERTIES GROUP

The largest team of retail specialists in the industry

A successful track record with more than 3,600 transactions closed in 2016

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Family Dollar Stores, Inc. (Acquired by Dollar Tree, Inc.)

CREDIT RATING: C1 www.fdreports.com | www.creditntell.com | N.A.

TENANT SUMMARY

General Information

Address 10401 Monroe Road , Matthews, North Carolina, 28105, United States

Phone 704-847-6961Website www.familydollar.com

Store BaseStore Count 13,000 +TTM Sales N.A.

Key PersonnelCFO & EVP Mary A. WinstonChairman & CEO Howard R. Levine

Financial MarketsCurrent Price $76.83 as of 4/17/1752 Week High/Low $99.93 / $72.55

Family Dollar is one of the fastest growing discount store chains in the United States. Their merchandising strategy is what drives their growth and provides customers with attractive values on basic goods for the family and home in a small-box, neighborhood format. For over 50 years, Family Dollar has provided customers with value and convenience.

Dollar Tree officially acquired Family Dollar for $8.5 billion, combining for over 13,000 stores in 48 states and five Canadian provinces with sales of over $18 billion.

Fiscal Year Ended N.A.

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Source: © 2015 Experian

DEMOGRAPHICS

CREATED ON APRIL 17, 2017

POPULATION1 Miles 3 Miles 5 Miles

2021 Projection 1,993 6,066 13,7932016 Estimate 1,972 5,980 13,4892010 Census 1,823 5,484 12,3112000 Census 1,776 5,384 11,662

INCOMEAverage $49,850 $50,525 $53,996Median $41,045 $42,322 $40,977Per Capita $18,929 $19,575 $20,961

HOUSEHOLDS2021 Projection 745 2,306 5,2252016 Estimate 737 2,261 5,0722010 Census 680 2,067 4,6122000 Census 687 2,066 4,397

HOUSING2016 $94,453 $109,351 $114,412

EMPLOYMENT2016 Daytime Population2016 Unemployment2016 Median Time Traveled

1,348

8.65%

28

4,849

6.64%

28

9,863

6.38%

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RACE & ETHNICITY

Islander

White 86.29% 89.54% 90.38%Native American 0.00% 0.01% 0.01%African American 2.08% 3.89% 4.83%Asian/Pacific 0.14% 0.19% 0.25%

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3055 Geer Highway, Marietta, SC 29661

FAMILY DOLLAR

LOCATION OVERVIEW

• Recent Five Year Renewal, Showing Strong Commitment to the Location

• Corporate Guarantee• Rent Bump at Each Option Period• Strong National Tenant: BB Credit Rating

by Standard & Poor’s (S&P)• Dollar Tree’s Complete Acquisition of

Family Dollar in July of 2015• Minimal Landlord Responsibility

Marcus & Millichap is pleased to present this Family Dollar on 3055 Greer Highway in Marietta, South Carolina. This Family Dollar is subject to a double-net lease and has minimal landlord responsibility. Family Dollar has shown a commitment to this location and has recently renewed through 2021.

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PROPERTY SUMMARY

NOTES: Landlord Reimbursed by Tenant for Taxes and Insurance. Reimbursement cap of 146.50 a month for insurance & 1,116.38 a month for taxes.

OFFERING SUMMARY

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3055 Geer Highway, Marietta, SC 29661PRICING AND VALUATION MATRIX

PRFPRFAMIAMIOOPERPERLLYY DDTTOOYYLLNNLLARARAMEAME

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3055 Geer Highway, Marietta, SC 29661REGIONAL AND LOCAL MAP

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www.MarcusMillichap.com

John Rebori Jr.

Associate

Knoxville OfficeTel: (865) 299-6278Fax: (865) 299-6310

john.rebori@marcusmillichap.com

License: TN 217546

Raj Ravi

Broker of Record

Charlotte Uptown OfficeTel: (704) 831-4650Fax: (843) 952-2310

Raj.Ravi@marcusmillichap.com

License: SC 92639

P R E S E N T E D B Y