FRED S STORE 10-YEAR / NN Meridian, MS

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Dominick Sullivan
5 years ago
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1 FRED S STORE 10-YEAR / NN Meridian, MS * Actual location shown * * Rendering of Actual Location * Pharmacy Location Rent Commenced: January 2017 Proven Location for 47+ Years Average Daily Traffic Count: 19K+ Population at 5-Mile Radius: 42K+ The above information has been secured by sources deemed to be reliable, Tri-Oak Consulting Group makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.

* Actual location shown * * Actual location shown * 626 22 nd Avenue Meridian, MS 39301 Building Size: 15

02 Acres Adequate Lab Corp, Good Year, Captain D s, Trustmark Bank, Shell, Wendy s, Harbor Freight, Hardee s Meridian, MS Current Annual Rent: $89,250 ($5.

2 * Actual location shown * * Actual location shown * nd Avenue Meridian, MS Building Size: 15,500 Square Feet Land Size: Parking: Area Tenants: Approx Acres Adequate Lab Corp, Good Year, Captain D s, Trustmark Bank, Shell, Wendy s, Harbor Freight, Hardee s Meridian, MS Current Annual Rent: $89,250 ($5.76 per building SF) Initial Rent Commencement: January 18, 2017 Lease Expiration: January 17, 2027 Initial Lease Term: Renewal Options: Rent Increases: 10-Year - NN Three (3) / 5-Year Renewal Options 5% in Renewal Options Demographics: 1-MILE 3-MILE 5-MILE Population: 2,804 26,885 42,729 Median Income: $16,411 $24,990 $31,503 Average Income: $29,226 $37,900 $50,028 Tenant Responsibility: Lessor Responsibility: Lease Guarantor: Real Estate Taxes, Insurance, Interior, & Minor repairs to HVAC (Up to $1,000 per unit / per year) CAM Reimbursement: $323/ Mos. Roof, Structure, Parking Lot & CAM Fred s, Inc. Nasdaq : FRED CONTACT INFORMATION Gregory Fitzgerald (800) gfitz@tri-oak.com

3 AERIAL VIEW WITH AREA TENANTS

4 National Retailers within 10-Mile Radius Red: 1 Mile Radius Green: 5 Mile Radius Blue: 10 Mile Radius

5 Traffic Counts Data from: 2006 Red: 1 Mile Radius 7,700 9,200 19,000 5,200 8,300 60,000 3,500

6 Traffic Counts Data from: 2006 Red: 1 Mile Radius Green: 3 Mile Radius Blue: 5 Mile Radius 18,000 8,700 6,400 32,000 27,000 14,000 52,000 2,500 6,100 8,200

7 STORE PHOTOS

8 Corporate Profile As of: 09/06/ Source: finance.yahoo.com/q?s=fred&ql=0

Tracing its history back to an original store in Coldwater, Mississippi opened in 1947, today Fred's is headquartered in Memphis, Tennessee and operates almost 700 discount general merchandise

With a unique store format and strategy that combines the best elements of a discount dollar store, drug store and mass merchant, Fred's stores stock more than 12,000 frequently purchased items that

9 Tracing its history back to an original store in Coldwater, Mississippi opened in 1947, today Fred's is headquartered in Memphis, Tennessee and operates almost 700 discount general merchandise stores, including 24 franchised Fred's stores, mainly across the southeastern states. With a unique store format and strategy that combines the best elements of a discount dollar store, drug store and mass merchant, Fred's stores stock more than 12,000 frequently purchased items that address the everyday needs of its customers. This merchandise includes nationally recognized brand name products, proprietary Fred's label products, and lower-priced, and offbrand products. The company has two distribution centers, one in Memphis, Tennessee, and Dublin, Georgia. Source: