Family Dollar

This store ranks in the top 17% of all Family Dollar stores nationwide, according to Placer.Ai
2004 build-to-suit construction for Family Dollar
Tenant recently extended their lease early to a new 10-year term
Family Dollar has successfully operated at this location for 20 years, proving their commitment to the location and market
Strong corporately guaranteed lease
Located off Hwy 94 where traffic counts exceed +134,688 vehicles per day
3-Mile population of ±150,334 residents
5-Mile population of ±292,452 residents
Two, 5-Year renewal options remaining; all of which include a 10% rent increase
Detroit is a six-county metropolitan statistical area (MSA) —making it the 14th-largest MSA in the United States
Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second-largest discount retailer in the United States with more than 16,000 locations
Investment Grade Credit Tenant – S&P Rated BBB-
Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same store sales / profitability

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