6 E 2nd Ave
Glenwood, GA 30428

• National Dollar Brand: Fred’s (NASDAQ: FRED) operates discount general merchandise stores which offer pharmaceuticals, household goods, apparel and linens, food and tobacco products, health and beauty aids, and paper and cleaning products. Fred’s will soon operate 244 stores after it’s June announcement to shut down a total of 313 underperforming stores. Headquartered in Memphis, Tennessee, the company’s history traces back to 1947. As of Feb 2, 2019, Fred’s produced FY 2018 revenues of $1.3B. • Get Well Drug & Dollar: Fred’s Inc. owns and operates one additional retail chain. Getwell Drug & Dollar is a convenient pharmacy destination, with 4 locations across Alabama, Tennessee, Kentucky and Mississippi that offers an expanded over-the-counter medication selection, individualized patient care, and more than 1,700 $1 items. • Net Lease: Fred’s 12-year net lease features ±5.2 years of primary term remaining with minimal landlord responsibilities. The Property is currently vacant with the Tenant paying full rent and maintaining the building. • Future Upside: This location is dark, but Fred’s is paying full rent and performing their maintenance obligations. Investors can recoup in excess of 80% of the purchase price over the guaranteed term, thereby providing for an extremely attractive future basis in the property.