Tenant recently extended their lease to a new full 10-year term
Two, 5-Year renewal options remaining; all of which include a 10% rent increase
Family Dollar has successfully operated at this location for 14 years, proving their commitment to the location and market
± 13,000 vehicles daily at the intersection of E Main St. & Mansfield Ave
5-Mile population of ± 10,134 residents
10-Mile population of ± 13,391 residents
Strong corporately guaranteed lease
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.
Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales/profitability
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.