Corporate Guaranteed Lease - Backed by Family Dollar, a nationally recognized discount retailer and subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), operating over 8,000+ locations nationwide
Proven Tenant with Strong Credit Profile - Family Dollar serves a necessity-based customer segment, offering essential goods at affordable price points, making it resilient across economic cycles
Successful Backfill of Former Drugstore - Property was previously occupied by a national drugstore and was quickly backfilled by Family Dollar, demonstrating strong real estate fundamentals and tenant demand
Double Net (NN) Lease Structure - Tenant reimburses taxes, insurance, and CAM, providing stable income with limited landlord exposure
Minimal Landlord Responsibilities - Landlord responsibility limited primarily to structure and roof, with tenant handling day-to-day operations and maintenance
Low Rent Basis - Below-market rent enhances long-term sustainability and reduces risk of tenant default or vacancy
Strong Demographics Supporting Discount Retail - Dense surrounding population with solid household counts and income levels that align well with Family Dollar’s core customer base and business model
Long-Term Upside with Options - Lease features six (6) five-year renewal options, providing potential for extended cash flow and long-term hold strategy
Established Location in Flint, MI - Positioned on Maplewood Avenue with accessibility to surrounding residential neighborhoods, supporting consistent foot traffic

Family Dollar

For Sale