FRED S STORE 12-YEAR / NN McDonough, GA

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1 FRED S STORE 12-YEAR / NN McDonough, GA * Actual location shown * * Rendering of Actual Location * All Brick - New Construction 12-Year Lease Term Pharmacy Location Average Daily Traffic Count: 18K 62,749 Population at 5-Mile Radius 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.

2 FRED'S NET LEASE * Actual * Actual location location shown shown * * 1550 S. Zach Hinton Pkwy McDonough, GA McDonough, GA Building Size: 16,471 Square Feet Land Size: Parking: Area Tenants: Approx. 2.0 Acres Adequate O Reilly s, Papa Johns, Dollar General, Auto Zone, Family Dollar, BP, Domino s Pizza, U-Haul Current Annual Rent: $160, ($9.72 per building SF) Initial Rent Commencement: May 1, 2016 Lease Expiration: April 30, 2028 Initial Lease Term: Renewal Options: Rent Increases: 12-Year - NN Three (3) / 5-Year Renewal Options 3% in Renewal Options Demographics: 1-MILE 3-MILE 5-MILE Population: 6,199 31,935 62,749 Median Income: $45,432 $51,647 $60,190 Average Income: $52,342 $60,168 $73,315 Tenant Responsibility: Lessor Responsibility: Lease Guarantor: Real Estate Taxes, Insurance, Interior, & Minor repairs to HVAC (Up to $750 per unit / per year) CAM Reimbursement: $452.95/ 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 FRED'S NET LEASE

4 FRED'S NET LEASE National Retailers within 10-Mile Radius Red: 1 Mile Radius Green: 5 Mile Radius Blue: 10 Mile Radius

5 Traffic Counts Data from: 2010 FRED'S NET LEASE Red: 1 Mile Radius 4,710 10,130 8,920 7,320 11,070 18,100

6 Traffic Counts Data from: 2010 FRED'S NET LEASE Red: 1 Mile Radius Green: 3 Mile Radius Blue: 5 Mile Radius 23,180 10,840 9,170 12,020 17,250 10,030 17,560

7 FRED'S NET LEASE AERIAL VIEW - NEIGHBORHOODS Towne Village 145+ Single Family Units Callaway Village 190+ Single Family Units Carrington Green 260+ Apartment Units City Square 410+ Single Family Units

8 FRED'S NET LEASE STORE PHOTOS

9 FRED'S NET LEASE SITE PLAN

10 McDonough, GA Henry County The county seat of Henry County, McDonough is located in the North Central portion of Georgia. It is 30 miles Southeast of Atlanta, GA. The county was named for Patrick Henry, Revolutionary War firebrand and champion of individual rights, to whom the slogan give me liberty, or give me death is attributed. The town was named for naval officer Commodore Thomas MacDonough and founded in 1823 around a traditional town square design. The county courthouse and historic jail building are on the north side near the Welcome Center in a historically maintained Standard Oil service station 1920 prototype. The station also houses the Main Street Program Office and Hospitality and Tourism Office. In the center of the square is a monument to Henry County's Confederate dead. The Henry County courthouse is listed on the National Register or Historic Places. In 1995, Henry County was the 6th fastest growing county in the United States. As of 2012 Henry County population was 209,053. Henry county is home to the Atlanta Motor Speedway in Hampton. Atlanta Motor Speedway is one of the oldest and most popular stops on NASCAR's Winston Cup circuit. The two Winston Cup events hosted by the speedway each year attract crowds of nearly 250,000 fans from all fifty states and several foreign countries consistently the first and second highest attendance levels for single-day sporting events in Georgia. McDonough is home to one of seventeen distribution centers for Goya Foods, America s largest Hispanic-owned food company. The McDonough location is the main distribution center for Georgia, South Carolina, Tennessee and Alabama operations. McDonough is 25 miles Southeast of Hartsfield-Jackson Atlanta International Airport. It has been the world's busiest airport by passenger traffic since 1998, and by number of landings and take-offs from 2005 to 2013 and Many of the nearly one million flights are domestic flights from within the United States, where Atlanta serves as a major hub for travel throughout the Southeastern United States. The airport has 207 domestic and international gates.

11 Corporate Profile As of: 10/04/ Source: finance.yahoo.com/q?s=fred&ql=0

12 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: