Dollar Tree

Single-Tenant Dollar Tree property located in Crestline, Ohio. The lease is corporately guaranteed
by Dollar Tree, which has an investment grade “BBB” Credit Rating by
Standard & Poor’s. There are 10 years remaining on the lease with four, five
year options. Each option has rare $0.50 psf increases.

Major capital expenditures have been completed including a brand new roof
and full building renovations in 2023.

The Subject Property is strategically situated less than 50 minutes from
Columbus, the fastest growing MSA in the Midwest since 2010. In addition,
Crestline has been selected as a future Amtrak site with the potential to bring
400,000 passengers annually.

◉ Corporate NNN lease with limited landlord responsibilities
◉ 10 year lease, with four, five year options with rare $0.50 psf increases
each option
◉ Less Than 50 Minutes from Columbus, the fastest growing MSA in the
Midwest since 2010
◉ Brand new roof and full building renovation in 2023
◉ Essential Retailer: Dollar Tree is recognized as an essential needs retailer
and is allowed to stay open during government and public health shut-downs
◉ Crestline has been selected as a future Amtrak site with the potential to
bring 400,000 passengers annually
◉ Hard corner location within the dominant retail trade area serving the
entire Mansfield and Richland County market
◉ Crawford and Richland County Market has 3.4M SF of retail with strong
occupancy rate of 97.4% (Source: CoStar)
◉ Crestline is a suburb of Mansfield, home to 125,000 residents and also the
county seat of Richland County
◉ Affluent area with Average Household Income exceeding $100,000 in a 5
mile radius