FAMILY DOLLAR

2021 Built-to-Suit construction for Family Dollar
5-mile population of over 48,090 residents
Located within the Richmond, VA MSA
Subject property is strategically located off of I-85, which sees ±58,000 VPD
Newest interior model from Family Dollar, which bolsters their perishable goods offerings significantly
Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in samestore sales/profitability
Investment Grade Credit Tenant – S&P Rated BBB
Roof Warranty Through March of 2030
Corporately Guaranteed Lease
Six, 5 year options, all of which include a 5% increase
Strong average household income in excess of $77,593
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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