PHOTO

*Listed in conjunction with VA Licensed Broker: Read F. Goode Jr. of Divaris Real Estate Inc. (804) 335 0554 | rgoode@divaris.com

Representative Photo - Not Actual Store

• Absolute NNN• 2018 New Construction• 15 Year Lease Term• Corner Location• Strong Traffic at 11,000 ADT

Ivor, VA

Disclaimer | ConfidentialityThis Offering Memorandum has been prepared by District Real Estate Advisors for use by a limited number of parties and does not purport to provide a necessarily accurate summary of the Property or any of the documents related thereto, nor does it claim to be all-inclusive or to contain all the information which prospective investors may need or desire. All projections have been developed by District Real Estate Advisors and designated sources and are based upon assumptions relating to the general economy, competition and other factors beyond the control of the Seller, and are, therefore, subject to variation. No representation is made by District Real Estate Advisors as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, the Seller and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further to this, District Real Estate Advisors and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained herein, or for omissions from the Memorandum or any other written or oral communication transmitted or made available to the recipient. 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 District Real Estate Advisors. The information contained in the following offering memorandum is proprietary and strictly confidential. 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. The Offering Memorandum does not constitute a representation that there has been no change in the business or affairs of the Property or Seller since the date of preparation of the Offering Memorandum. Analysis and verification of the information contained in the Offering Memorandum are solely the responsibility of the prospective purchaser. District Real Estate Advisors 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, District Real Estate Advisors has not verified, and will not verify, any of the information contained herein, nor has District Real Estate Advisors 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.

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Table of Contents

Property Information Overview & Highlights 4

Area Overview 5

Tenant Overview 6

Location Map & Demographics 7

Aerial 8-9

Site Plan 10

Contact 11

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Brand new 2018 construction, located on a 1.77 acre parcel directly at the corner of US-460 and Broadwater Road. The property is adjacent to the signalized convergence of state route 616, 620, and US-460. The location has strong traffic counts of 11,000 ADT and US-460 is the main roadway connecting Petersburg to Suffolk. The railroad runs parallel with US-460 and is utilized by Norfolk Southern and Amtrak. The nearest competition is 6.8 miles north in Wakefield and 11 miles south in Windsor. The property is just 23 miles from downtown Suffolk and is within Southampton County. The area along with the Meherrin, Nottoway and Blackwater rivers provides residents and visitors some of the best boating, skiing, fishing, kayaking, canoeing and hunting opportunities that Virginia has to offer.

Lease Abstract

Price

CAP

NOI

Options

Building Size

Land Area

Construction Completion

Lease Commencement Date

Lease End Date

Tenant/Guaranty

Lease Type

$1,364,000

6.65%

$90,715.80 (years 1-15)

5 x 5 year options10% Rent Increases in Each

9,100 +/- square feet

1.77 +/- acres

June 2018*

6/18/2018*

6/30/2033*

Dollar General (NYSE: DG)

NNN

*Projected

• 2018 Construction

• Absolute NNN

• 15 Year Lease

• Strong Traffic Counts of 11,000 ADT

• Corner Location on US-460

• 23 Miles from Suffolk

• S&P Credit Rating: BBB (Stable)

• Ideal Investor/1031 Exchange Property

Investment Highlights Property Overview

Broadwater Road & US 460 Ivor, VA 23866

Representative Store

Area OverviewThe town of Ivor is located directly on US-460 (General Mahone Boulevard) and is part of Southampton County Virginia. US-460 is the major thoroughfare that runs east-west from West Virginia and ending in Norfolk. The corridor directly connects Petersburg to Suffolk and serves the surrounding communities to provide easy access across the southeastern part of Virginia. In Ivor, US-460 runs parallel with the rail line that is utilized by Norfolk Southern and Amtrak. General Mahone was the builder of the Norfolk and Petersburg Railroad and was responsible for naming the stations along the railroad. The property sits at the corner of General Mahone Boulevard and Broadwater Road adjacent to a signalized intersection serving the convergence of state routes 616, 620 and US-460. Traffic Counts are strong at 11,000 ADT. Ivor is part of Southampton county which sits directly in the “Peanut Belt”. which has specific soil conditions allowing for some of the finest quality peanuts to be produced. Some of the top local companies in the area include Belmont Peanuts, Peanut Patch, Hubs, Gurganus and Wakefield Peanut Company. Ivor is just 23 miles from downtown Suffolk which has separated itself as an ideal location for technology and defense companies and is a major highway transportation hub. The population has been steadily on the rise, growing by more than 35% since 2000 and making Suffolk one of the fastest growing areas in Virginia By 2040, Suffolk is projected to have more than 132,000 residents. The Suffolk and Hampton Roads area is known for its large military presence, ice-free harbor, shipyards, coal piers and miles of waterfront property and beach, all of which directly contribute the regions broad and diverse economy. The Obici Memorial Hospital was built in 2002 and acquired by Sentara Health System in 2005. Suffolk has a stable of strong companies that have invested in the area including Planter’s Peanuts, Lockheed Martin, Lipton Tea, Ratheon, QVC and many more. Lipton Tea Plant recently invested $96 million to upgrade its 300 employee plant located in Suffolk.

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

IVOR, VA

Major Suffolk EmployersSuffolk Public Schools Education 1,780Cyber Forces (Navy) ModSim & Tech 1,500Sentara Health Systems Healthcare 1,300J7 Joint Staff ModSim & Tech 1,200City of Suffolk Government 1,139QVC Warehouse 900

The Peanut Belt

Tenant ProfileDollar General is the largest “small box” discount retailer in the United States. Headquartered in Goodlettsville, TN, the company was established in 1939. As of May 4th, 2018, there are more than 14,761 stores with more than 131,000 employees located across 44 states. Dollar General has more retail locations than any retailer in America. The Dollar General store format has typically been in rural and suburban markets. They are now expanding into more densely populated areas, opening approximately 900 stores in 2016 with approximately 900 new store openings planned for FY 2018, remodeling 1,000 existing stores and relocating approximately 100 stores. The Dollar General strategy is to deliver a hassle-free experience to consumers, by providing a carefully edited assortment of the most popular brands in both retail and consumer products. In addition to carrying high quality private brands, Dollar General sells products from America’s most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Cocoa-Cola, Mars, Unilever, Nestle, Kimberly-Clarke, Kellogg’s, General Mills and PepsiCo. The company continues to invest in distribution infrastructure by increasing its private carrier fleet and developing two new strategic distribution centers. In Q1 2018, Net Sales Increased 9.0% to $6.1 Billion and Same Store Sales increased 2.1%. DG also returned $228 Million of capital to shareholders and repurchased 1.6 million shares. Dollar General is ranked #123 on the Fortune 500, a 5 spot jump from the 2017 ranking.

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

• In 2018 - Ranked #123 on the Fortune 500

• “Investment Grade” S&P Credit Rating: BBB (Stable)

• Q1 2018 Net Sales Increased 9.0% to $6.1 Billion

• The company repurchased 1.6 Million shares in Q1 2018

• Q1 2018 Same-Store Sales Increased 2.1%

• Cash Flows from Operations Increased 7.5% to $549 Million

• $228 Million Returned to Shareholders through Share Repurchases and Cash Dividends

• Declared Second Quarter Cash Dividend of $0.29 per share

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

LOCATION MAP & DEMOGRAPHICS

Demographics Snapshot

3 Mile 5 Mile 7 MilePopulation 979 2,156 4,857Avg. HH Income $79,556 $77,473 $70,615

Average Daily Traffic (ADT)

General Mahone Blvd. (US 460) 11,000 ADTMain Street 2,000 ADT

Aerial

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

N

Aerial

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

N

Site Plan

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, demographics, traffic count or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Tim Bulman617.448.5616

tbulman@districtadvisors.com

867 Boylston Street, 5th Floor | Boston, MA 02116 | T: (857) 284 7971 | info@districtadvisors.com

Christopher Mearn617.595.1544

cmearn@districtadvisors.com

Greg Feroli617.943.2272

gferoli@districtadvisors.com

*Listed in conjunction with VA Licensed Broker: Read F. Goode Jr. of Divaris Real Estate Inc. | (804) 335 0554 | rgoode@divaris.com