DELAWARE STATUTORY TRUST (DST)

Apollo AX Essential Retail Portfolio DST

WA

LOCATION

All-Cash

IN-PLACE LOAN

2 Years

EST. HOLD PERIOD

NNN

PROPERTY TYPE

4.30%

CURRENT YIELD

Mandatory

721 EXCHANGE

Investment Highlights

  • The portfolio consists of four standalone grocery assets spanning approximately 39.0 acres, totalling 248,103 square feet of net rentable area and 1,458 parking spaces, built between 1995 and 2001.

  • Safeway Inc. doing business as Haggen, Inc, a Pacific Northwest grocery banner operating across Washington, is the tenant for all four portfolio assets and functions as a wholly owned subsidiary of Albertsons Companies, Inc., one of the largest food and drug retailers in North America.

  • The portfolio represents approximately 25% of Haggen’s regional sales, with three of four stores ranking in the top quartile for foot traffic and generating ~4.2 million annual visits for the trailing twelve months ended August 2025.

  • DST is backed by a stable tenant with a long-term lease (Albertsons/Safeway), and thesponsor, Apollo RE Exchange, has structured the offering with a focus on consistent income.

  • Apollo is 30+ years old, has $631 B total AUM, with 2,785 employees worldwide.

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