Family Dollar

Absolute NNN – This is a rare absolute NNN lease with zero landlord responsibilities, offering 100% passive income to a prospective purchaser.
High Performing Site – AlphaMap’s shows that the site performs in the top 75th percentile of Family Dollar Stores in Tennessee in terms of mobile foot traffic.
Attractive Increase Schedule – 10% rental increases in each of the four, 5-year options, which is beneficial to an owner as it increases their yearly cash flow and helps hedge against inflation.
Attractive Demographics – There are approximately 190,263 people within a 5-mile radius from the property with an average household income of $75,000+. This provides a prospective purchaser with their property being in a densely populated market.
Corporate Tenant – The lease of the subject property is signed by Family Dollar, Inc who operates over 7,500+ locations throughout the country. Family Dollar was recently acquired by Brigade Capital and Macellum Capital Management for $1.01 Billion.

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