Building built for Family Dollar in 2006 in excellent condition high visibility location in the City Limits with all City utilities.

Over $5.5M in unmet local retail demand in the County in the two primary NAICS codes for Family Dollar, NAICS 452 General Merchandise Stores and NAICS 453 Miscellaneous Store Retailers.

Local market demographics and econometrics for are All LOCAL Benchmarks analyzed by Coldwell Banker Commercial Southwest Partners are more favorable to Family Dollar Stores econometrics and demographics (higher % of population) than all MACRO Benchmarks.*

*Benchmarks. LOCAL Benchmarks include David City, 20-minute drive-time, Zip Code and Butler County. MACRO Benchmarks include the City of Omaha, Omaha CBSA, Omaha DMA, Nebraska and the US.

HIGHLIGHTS

(1) CLOUD LEASE LISTING WITH RE/MAX COMMERCIAL MIDWEST IN OMAHA, NE & TEXAS AMERICAN NET LEASE IN DFW, TX

(2) This is our 1st three party CLOUD LISTING further confirming our collaborative model with the next two pending

(3) 8.49% cap with 5 years remaining on initial lease with five 5-year automatic renewals with 10% increases

(4) 8,000 SF Building built for Family Dollar in 2006 in excellent condition in the City Limits with all City utilities

(5) Over $5.5M in unmet local retail demand in the County in the two primary NAICS codes for Family Dollar

(6) County demographics and econometrics are an outstanding match with Family Dollar standards

LEASE OVERVIEW

(7) Type. Triple Net

(8) Initial termination date. December 31, 2015

(9) Initial term monthly base rent. $4,904.17

(10) Renewals. Five 5-year options

(11) Cap and monthly rents upon renewals.

(a) 1st renewal. January 1, 2016-December 31, 2020. $4,904.17 monthly base rent = 9.34% cap.

(b) 2nd renewal. January 1, 2021-December 31, 2025. $5,394.59 monthly base rent = 10.28% cap.

(c) 3rd renewal. January 1, 2026-December 31, 2030. $5,934.09 monthly base rent = 11.30% cap.

(d) 4th renewal. January 1, 2031-December 31, 2035. $6,527.49 monthly base rent = 12.43% cap.

(e) 5th renewal. January 1, 2036-December 31, 2040. $7,180.17 monthly base rent = 13.68% cap.

(f) 6th renewal. January 1, 2041-December 31, 2045. $7,899.25 monthly base rent = 15.05% cap.

(12) Escalation of base rent on renewal. Yes, 10% from prior lease rate upon each renewal.

(13) Additional rent payments based on gross revenues. Yes. Disclosed upon confidentiality execution.

Copy of lease available upon execution of confidentiality agreement and confirmation of financial capability.

PROPERTY

(14) Year built: 2006

(15) Improvement SF: 8,000 SF

(16) Land SF: 51,400 SF

(17) Schools: David City 56

(18) In City limits? Yes.

(19) Zoning. Retail Store.

(20) Legal: Parcel ID 120008581: DAVID CITY 18 15 3 PT OF LOT 8 D.C. LAND & LOT CO'S SUBURBAN LOTS (IN S1/2SE1/4) 1.18 AC

(21) Tax file link.

FAMILY DOLLAR STORES

(2) Company overview. Family Dollar operates a chain of more than 6,800 general merchandise retail discount stores in 44 states, providing primarily low- and middle-income consumers with a selection of competitively priced merchandise in convenient neighborhood stores. Their merchandise assortment includes consumables, home products, apparel and accessories, and seasonal and electronics. Pricing generally ranges from less than $1 to $10.

(3) Company mission statement. to provide customers with a compelling place to shop, our team members with a compelling place to work, and investors with a compelling place to invest. Our vision is to be the best small-format convenience and value retailer serving the needs of families in our neighborhoods.

(4) Customer demographics. Family Dollar serves the basic needs of customers primarily in the low- and middle-income brackets. Typically, their customer is a female head-of-household. According to Nielsens 2010 Homescan data, the following is the Family Dollar customer profile:

(a) 55% have less than $40K annual gross income

(b) 24% have less than $20,000

(c) 34% are African American or Hispanic

(d) 68% are 45 or older

(5) Store profile. A Family Dollar store is typically between 7,500 and 9,500 square feet and generally serves customers who live within five-miles of the store. Stores are located in urban, suburban, small town and rural markets. The relatively small size of a Family Dollar store allows them to select store locations that provide neighborhood convenience to customers in each of these market areas. Family Dollar stores are generally open seven days a week and accept cash, checks, PIN-based debit cards, credit cards, and other electronic payment types, including food stamps.

(6) Merchandise overview. Family Dollar provides customers with quality merchandise at everyday low prices. They offer a focused assortment of merchandise in a number of core categories, such as health and beauty aids, packaged food and refrigerated products, home cleaning supplies, house wares, stationery, seasonal goods, apparel and home fashions. The stores operate on a self-service basis, and our low overhead enables us to sell merchandise at a relatively moderate markup.

(7) Product pricing profile. In the typical Family Dollar store, the majority of the products are priced at $10 or less, with many of the products priced at $1 or less.

(8) Product categories and % of sales.

(a) 65.1% are consumables. This includes: household chemicals; paper products; food, including candy and snacks; health and beauty aids; hardware and automotive supplies; and pet food and supplies.

(b) 13.2% are house products. This includes: domestics, including blankets, sheets and towels; house wares; giftware; and home dcor.

(c) 10.7% are apparel and accessories. This includes: mens clothing; womens clothing; boys and girls clothing; infants clothing; shoes; and fashion accessories.

(d) 11.0% are seasonal and electronics. This includes: toys; stationery and school supplies; and seasonal goods; and personal electronics, including pre-paid cellular phones and services.

(9) Average store sales. $1,159,465 was the average annual sales per store in fiscal 2010.

(10) Average customer transaction. In fiscal 2010, the average customer transaction was $9.91.

(11) Plans for existing store renovations. During fiscal 2011, they plan to renovate 600 to 800 stores at a projected cost of $100,000 to $130,000 per store. The renovations will address both the interior and exterior of the stores and will create more customer-focused assortments and layouts, rejuvenated physical

stores and more customer-centric teams.

All information above derived from 2010 annual report.

RETAIL GAP ANALYSIS

(22) Summary. We identified $5.6M+ in unmet local retail demand in Butler County that the Family Dollar Store could capture at some %. This indicates that the Family Dollar Store has significant opportunities to capture additional gross sales.

(23) Area. Although Family Dollar refers to a 5-mile radius for clients, due to the rural nature of this location, we believe the primary service area is Butler County.

(24) Unmet local retail demand.

(a) $5.35M+ in General Merchandise Store (NAICS code 452).

(b) $321K in Miscellaneous Store Retailers (NAICS code 453).

DEMOGRAPHICS & ECONOMETRICS

(25) Summary. All LOCAL Benchmarks analyzed by Coldwell Banker Commercial Southwest Partners are more favorable to Family Dollar Stores econometrics and demographics (higher % of population) than Omaha, the Omaha CBSA, the Omaha DMA, Nebraska and the US.

(26) Family Dollar Store demographic composite of customers.

(a) 24% less than $20K annual gross income

(b) 55% less than $40K annual gross income

(c) 34% African American or Hispanic

(d) 68% age 45 or older

(27) Targeted demographic notes.

(a) Household income and not per capita income. We assume annual gross income is annual household income and NOT per capita income.

(b) Race and ethnicity. CBC Southwest Partners does NOT report race and ethnicity data.

(28) Benchmarks.

(c) Local Benchmarks. David City, 20-minute drive-time, Zip Code and Butler County.

(d) Macro Benchmarks. City of Omaha, Omaha CBSA, Omaha DMA, Nebraska and the US.

(29) Data baselines. All data is 2010 and from CCIM unless otherwise defined. Annual % change calculations are proprietary to CBC Southwest Partners.

(30) Targeted demographic analysis.

(a) Less than $20K annual household income. All LOCAL Benchmarks are more favorable to Family Dollar Stores econometrics (higher % of population) all MACRO Benchmarks.

David City: 20.8%

20-minute drive-time: 19.3%

66832 Zip Code: 19.9%

Butler County: 17.7%

Omaha: 15.8%

Omaha CBSA: 12.3%

Omaha DMA: 13.8%

Nebraska: 17.1%

US: 16.1%

(b) Less than $40K annual household income. All LOCAL Benchmarks are more favorable to Family Dollar Stores econometrics (higher % of population) all MACRO Benchmarks.

David City: 48.1%

20-minute drive-time: 48.5%

66832 Zip Code: 48.2%

Butler County: 48.1%

Omaha: 36.5%

Omaha CBSA: 30.4%

Omaha DMA: 33.5%

Nebraska: 39.6%

US: 35.3%

(c) Age 45 or older . All LOCAL Benchmarks are more favorable to Family Dollar Stores demographics (higher %s) all MACRO Benchmarks.

David City: 48.1%

20-minute drive-time: 47.5%

66832 Zip Code: 47.6%

Butler County: 47.0%

Omaha: 38.5%

Omaha CBSA: 38.6%

Omaha DMA: 40.3%

Nebraska: 42.4%

US: 40.5%

(d) 55% less than $40K annual gross income

(e) 68% age 45 or older

2% BUYER BROKER COMMISSION

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A buyer broker does NOT have to accompany their buyer to any showings.

CONTACT INFORMATION

Call 1.979.421.9996 to set up an appointment, request additional information or answer any questions.

GRAPHIC ANALYSIS

All analysis is based on defined and published sources. Unless otherwise noted, all demographic and econometric data is from Site to do Business, the demographic & econometric arm of the Certified Commercial Investment Member (CCIM) Commercial Investment Real Estate Institute. This CCIM service is in collaboration with ESRI.

Most annual % change estimates and traffic projections are based on Coldwell Banker Commercial Southwest Partners proprietary models.

There are 2,147 underlying PDF sets. All are available on the property website or on request.

DISCLOSURES & COPYRIGHTS

Coldwell Banker Commercial Southwest Partners is a wholly owned franchise of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions-stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.