Family Dollar

2022 build to suit Family Dollar
±7.5 years remaining on an initial 10-year lease
Located 1-mile from of Coastal Alabama Community College with an approximate enrollment of 9,000 students
Corporately guaranteed lease
Rent increases of $5,250 ($0.50 / SF) in all four, 5-year options
The subject property comes with a 20-year roof warranty
Average household income of $60,300 annually within a ±10-mile radius
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.

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