Family Dollar - Sims, NC

2023 Build To Suit: Brand new construction specifically for Family Dollar, ensuring modern standards and long-term durability.
Long Lease Term: ±7.75 years remaining on an initial 10-year corporately guaranteed lease, providing stable cash flow.
Corporate Guarantee: Lease is guaranteed by Family Dollar corporate, offering strong credit and reliability.
Rent Growth: Rent increases of $5,250 ($0.50/SF) in each of the five, 5-year renewal options, supporting future income growth.
Roof Warranty: Property includes a 20-year roof warranty, reducing landlord capital expenditure risk.
Strong Demographics: Average household income of $88,886 annually within a 10-mile radius, supporting retail demand.
Strategic Location: Less than 38 miles from Raleigh, NC, with immediate access to US-264 and proximity to I-95.
Resilient Tenant: Family Dollar operates 7,000+ locations nationwide and is backed by private equity investment for operational improvements.

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