Listed by Matthews
$1,041,850
Family Dollar & Dollar Tree
Details
Property Type Retail
Sub Type Dollar Store
Square Footage 9,180
Cap Rate 12.00%
Tenancy Single
Brand/Tenant Dollar Tree, Family Dollar
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 03/31/2031
Remaining Term 6
Rent Bumps Yes
Lease Options Six, 5-Year Options
Year Built 2016
Buildings 1
Stories 1
Acreage 1.770
Lease Commencement 04/01/2016
Ownership Fee Simple
Retail | 12.00% CAP | 9,180 SqFt
Investment highlights
Leased to Family Dollar, a nationally recognized retailer with over 8,000 locations across 46 states, offering essential goods at value-driven prices.
The lease is corporate-guaranteed and structured as an Absolute NNN, providing investors with truly passive ownership—no landlord responsibilities.
Tenant is responsible for all property expenses, including taxes, insurance, roof, structure, and maintenance, ensuring reliable cash flow.
Approximately six years remain on the primary lease term, with six, five-year renewal options featuring 10% rent escalations—offering income security and future growth.
The lease structure is well-suited for investors seeking long-term stability backed by a necessity-based, creditworthy tenant.
Listing Contacts
Listed by Matthews
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