Extremely rare ABS NNN lease with zero landlord responsibilities
CPI based increases every 3 years (6% max) providing an excellent hedge against inflation
Traffic counts in excess of ±11,000 VPD
Nevada is an income tax free state
Six, five-year options, all of which include the CPI increases
Strong corporately guaranteed lease
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/profit ability
Family Dollar, a major national discount retailer with more than 8,000 stores across 48 states, has been acquired for roughly $1 billion by Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co.
Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient anchor tenant, positioned for sustained growth in the years ahead
Photos
Location
Agents
Broker of Record
David Harrington
License # B.1003120.CORP (NV)
Matthews Real Estate Investment Services, Inc1600 West End, Ste. 1500 Nashville, TN 37203