Family Dollar

• Absolute NNN Structure with Zero Landlord Responsibilities: Ideal hands-off passive investment featuring a fee-simple, Absolute Triple-Net (NNN) lease structure with no landlord management responsibilities.
• Strong Economic Engine & Job Growth: Powered by major international corporations like BMW’s global hub, global headquarters like Denny’s and Milliken, and billions in annual economic development investments, Spartanburg’s continuous job growth and population expansion directly fuel steady household demand and daily customer foot traffic that support retail tenants.
• High-Traffic Retail Corridor: Strategically positioned along Whitney Road, benefiting from heavy daily traffic counts exceeding 15,000+ VPD directly in front of the store and immediate connectivity to I-585 / US-176.
• High-Yield Relative Affordability: Lower property entry prices relative to national averages—combined with being in one of the fastest-growing regions in the Southeast—allow investors to acquire a reliable, passive income-generating asset with strong long-term equity growth potential and exceptional rental yields.
• Large Consumer Spending & Growth: The surrounding customer base drives exceptional purchasing power for daily-needs retail, capturing $173.6 million in consumer spending within a 2-mile radius and expanding to $2.6 billion within 10 miles. The site benefits from rapid area growth with household expansion projected to accelerate up to 2.6% annually through 2030, reaching over 8,700 households in a 2-mile radius. Backed by exceptional regional density, there are over 100,000 people within a 5-mile radius.