LEASE & LOCATION
? 2015 Built-to-suit construction for Family Dollar Tree
? Due to strong performance, site was expanded in 2023 and a new lease was signed
? 10-Year NN+ lease w/ limited landlord responsibilities
? Extremely rare base term increase of $5,250 in year 5
? Thayne is located ±50 miles south of the popular ski town of Jackson Hole
? Wyoming is an income tax free state
? The subject property comes with a transferable roof warranty.
? Six, 5-Year Options with rent increases of $5,250 ($0.50 PSF)
? Extremely strong corporately guaranteed lease
TENANT
? Family Dollar Tree Combo stores have proven 20% higher sales volume than non co-
? branded stores
? Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-
? largest discount retailer in the United States with more than 16,000 locations
? Dollar Tree boasts an investment-grade credit rating of BBB-
? Dollar Tree has thrived through the COVID pandemic and witnessed a sharp
? increase in same-store sales and profitability