Lease & Location

• 2024 build-to-suit construction for Family Dollar Tree
• ±9 Years remaining on an initial 10-year lease
• Four, 5-Year renewal options all of which include a $0.50/SF rent increase
• The subject property comes with a 20-year roof warranty
• 10-mile population of 16,259 residents
• Average household income of $69,042 annually
• Traffic counts on Hwy 70 E exceed ±5,230 vehicles daily
• Corporately guaranteed lease
• Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores

Tenant

• Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
• Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same-store sales/profitability
• Investment Grade Credit Tenant – S&P Rated BBB