Family Dollar (Relocation Site)
7.50% Cap Rate | 1.24 AC Lot | 2024 Build
Marketing description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Family Dollar strategically located in Lawrenceville, Pennsylvania. The property was built-to-suit for Family Dollar in 2024 and is subject to a ten-year lease running through April 2034. The lease features four 5-year renewal options, each with rental increases. Additionally, the asset is situated on a large 1.24-acre land parcel. The lease also features a corporate guaranty from Family Dollar Stores, Inc.
The 10,500 square-foot building is located on a signalized hard corner lot along Main Street with immediate proximity to Interstate 99. This property serves as a relocation site from a former inline store that offers enhanced visibility and access. Neighboring retailers include NAPA Auto Parts, DG Market, Kwik Fill, and Papa John’s, providing a steady mix of daily-needs tenants that draw consistent traffic to the corridor. The surrounding trade area is home to more than 17,000 residents within a ten-mile radius, where the average household income exceeds $99,000.
Family Dollar is an American variety store chain headquartered in Chesapeake, Virginia, operating as a standalone private company under the ownership of private equity firms Brigade Capital Management and Macellum Capital Management. Founded in 1959 by Leon Levine in Charlotte, North Carolina, the company has grown into one of the largest discount retailers in the United States, with thousands of stores across rural, suburban, and urban communities. Family Dollar offers a wide assortment of merchandise at affordable prices, including household goods, food and beverages, health and beauty products, apparel, seasonal items, and home essentials, catering primarily to value-conscious shoppers and families on a budget. Family Dollar was acquired in July 2025, beginning a new chapter focused on operational improvements, neighborhood accessibility, and everyday low prices for the millions of customers who rely on it for essential goods close to home.
Investment highlights
- Relocation site from a former inline location
- Corporate guaranty from Family Dollar Stores, Inc.
- 2024 construction with a roof warranty through 2046
- Leased through April 2034
- $0.50 PSF rental escalations in every renewal option
- Large 1.24-acre parcel
- Signalized hard corner lot along Main Street with immediate proximity to Interstate 99
- 17,000+ residents within a ten-mile radius
- $99,000+ average household income within ten miles
- Neighboring retailers include NAPA Auto Parts, DG Market, Kwik Fill, and Papa John’s
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