Family Dollar
Absolute NNN Family Dollar — Zero Landlord Responsibilities, 8.50% Cap Rate
Investment highlights
• Corporate Tenant – The lease is signed by Family Dollar Stores of Ohio, Inc. Family Dollar operates over 7,100 locations across the country with a reported revenue of ~$13B in the last Fiscal Year.
• Absolute NNN – This is a rare absolute NNN lease for Family Dollar with zero landlord responsibilities, offering 100% passive income to a prospective purchaser.
• Passive Value-Add Investment – This asset represents an ideal play for an investor seeking high-yield, low-risk corporate income in the short term, paired with the long-term upside of inheriting a well-maintained, freestanding commercial building.
• Attractive Increase Schedule – 10% rental increases in each of the Six, 5-year options, which is beneficial to an owner as it increases their annual cash flow and helps hedge against inflation.
• Essential Retail – Family Dollar stores often serve as community “essential retail anchors” in secondary and tertiary markets where discount retail is mission-critical for local consumers.
• Recession Resistant Tenant – Discount retail historically performs well during economic uncertainty, benefitting from resilient demand as consumers seek value and affordable essentials.
• Strategic Access & High Visibility Corridor – Strategically positioned along National Road (US-40) boasting a traffic count of 13,330 Vehicles Per Day (VPD). This benefits an owner by having strong traffic moving past their property.
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