Family Dollar

• Corporate Tenant – The lease is signed by Family Dollar Stores of Kentucky, LTD. 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.
• Airport Proximity – Erlanger is adjacent to the Cincinnati/Northern Kentucky International Airport (CVG), one of the fastest-growing cargo and logistics hubs in North America. This logistics presence brings tremendous stability and economic velocity to the immediate region.
• Major Transportation Arteries – Dixie Highway (US-25) is a dominant, historically significant commercial corridor running through the city. The property’s location at the corner of Dixie Highway and McAlpin Avenue places it just minutes from major interstate linkages, including I-75 and I-275, which handle massive daily commuter and logistical traffic.