Early Lease Renewal: Family Dollar recently elected to extend one of their lease options early, showing significant long-term commitment to the site and the Zanesville market.
Strategic Location: The subject property is positioned on Maple Avenue, Zanesville’s busiest north-south thoroughfare, benefiting from exposure to over 24,000 vehicles per day and immediate proximity to major national anchors including Walmart Supercenter, Sam’s Club, Home Depot, and Colony Square Mall.
Nearby Traffic Drivers: The site is ideally positioned within a mile of the region’s largest employer, Genesis Hospital, providing access to over 4,400 healthcare professionals driving shift-change traffic in the area.
National Reach: Family Dollar is a nationally recognized discount store operator with over 7,300 locations, providing investors with a reliable, corporate tenant.
Recession Resistant Concept: Family Dollar’s discount store model performs well in all economic cycles, driven by consistent consumer demand for value-oriented daily necessities.
Private Equity Support: The Family Dollar brand was recently acquired by private equity firms in a ~$1.0B transaction who aim to revamp the brand and cement Family Dollar as a household name in the discount retail sector.