Family Dollar

Offered at $858,833, reflecting a 9.00% capitalization rate
±6.25 Years of Term Remaining on the current lease, with four (4) additional five-year renewal options and scheduled rent increases throughout the option periods.
Attractive Rental Escalations: A 15.25% rent increase at the first option period, followed by 10% increases at each subsequent renewal, enhancing long-term yield.
Established Tenancy Since 2008: Family Dollar has operated at this location for over 15 years and has exercised two lease extensions, underscoring the site’s performance and tenant’s commitment.
Corporate Guarantee: Lease is backed by Family Dollar, a subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), providing credit-backed income security.
±8,000 SF Freestanding Building on a ±0.86-acre parcel featuring a concrete lot and approximately 29 surface parking spaces, ensuring strong customer accessibility.
NN+ Lease Structure: Landlord responsibilities are limited to roof, structure, and repair/replacement of the parking lot, offering passive investment characteristics

Navigation Menu