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15870 CO Road 59, Woodland, AL, 36280

Family Dollar
$1,340,294

Key Information

Cap Rate
8.5%
Type
Retail
NOI
$113,925

Highlights

Investment Highlights

  • 2022 build to suit Family Dollar
  • ±6.5 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • Rent increases of $5,250 ($0.50 / SF) in all five, 5-year options
  • The subject property comes with a 20-year roof warranty
  • Average household income of $90,318 annually within a 10-mile radius
  • 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.

Photos

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Agents

Broker of Record

Hutt Cooke

License # 000168807-0 (AL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203