Family Dollar

• Corporate Guarantee: Lease backed by Family Dollar’s corporate guarantee, providing investors with additional income security.
• Scheduled Rental Increases: Two remaining 5-year renewal options with 10% rental increases at the beginning of each option period offer potential future income growth.
• Established Operating History: Family Dollar has occupied the property since its construction in 2006, demonstrating a long-standing presence in the market.
• Attractive Investment Opportunity: Offered at a 7.85% cap rate, providing investors with an attractive initial yield.
• Recognized National Tenant: Family Dollar is an established national discount retailer serving value-oriented consumers.
• Passive Investment Opportunity: Established tenancy and predictable rental income offer investors a relatively hands-off investment, subject to landlord roof and structural responsibilities.