Family Dollar 4 Property Portfolio | 8.5% Cap Rate
Family Dollar 4 Property Portfolio | 8.5% Cap Rate
Marketing description
Four property Family Dollar portfolio
- 3 Texas locations
- 1 Oklahoma location (near Oklahoma City)
- All built in 2022 or later
- 10,500 SF prototype buildings
- Minimal landlord responsibility
- Lease terms remaining from 6-7 years with many option periods
- Great tenant for local convenience shopping with high gas prices
Texas Broker of Record:
Reid Peevey Commercial Real Estate Company
Victor Randolph Reid
254-753-1157
Randy@ReidReevey.com
TX License # 333073
Oklahoma Broker of Record:
Pivot Real Estate Brokerage
Tim Strange, CCIM, SIOR, CPM
405-413-8467
OK License # 206512
Investment highlights
Push the “easy button” with this Family Dollar portfolio serving areas with limited grocery and consumer options.
Family Dollar is a value based retailer that thrives in all economic times.
All four properties are proven locations that were not impacted by new corporate ownership.
Minimal landlord responsibilities with these 2022 built NN+ leases.
Corporate guaranteed by experienced private equity firms that own discount retailers including Kohl’s, Big Lots, and Bed Bath & Beyond.
Motivated seller will consider selling locations separately.
Texas locations are NOT subject to state income tax.
NN+ leases with recent 2022 construction and no state income tax (Texas locations only).
Family Dollar is a value based retailer that thrives in all economic times.
Landlord responsibilities: Roof, structure and parking lot (CAPX only).
Tenant Responsibilities: All other repairs, grounds maintenance, liability insurance and reimbursement of taxes and property insurance.
Renewal options: 6 five-year options with .50/SF in each option period.
Corporate guaranteed: new Family Dollar owners, private equity firms Brigade Capital Management and Macellum Capital Management.
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