Family Dollar Real Estate For Sale

NNN Family Dollar Stores

Spanning forty five different states, the Family Dollar, Inc., retail dollar store has been able to ride the waves of retail success throughout multiple markets. Covering over 13k retail properties across the United States, they are now considered to be one of the biggest discount retailers in the ‘small box’ market sector.

Read more

Ranging from urban to suburban and rural locations, they have also been a great investment opportunity for net leasing. As sellers of high value items at lower price points, this has created a level of company stability, and ensures a continuous stream of revenue for investors.

Standard net leasing terms are often fifteen year with multiple five year options. Such leases may include rental bumps of ten percent every 5 years at times of option renewal. While tenants are usually accountable for tax, insurance, and various liabilities for upkeep and repair, landlords typically foot the bills for major costs like roofing and building structure.

Recently, Family Dollar has offered sale-leasebacks with 15-year NNN leases along with build-to-suit programs that are also 15-year absolute NNN lease with 10% rent increase in year 10, or every 5 years.

Pros

  • Rent increase every five years
  • Company guarantee
  • Possibility of minimal landlord liability on some NN leases

Cons

  • Landlord accountability for building expenses
  • Smaller local markets

Tenant Description

Founded as a ‘customer first’ company in 1959, Leon Levine believed in superior customer service and ensuring customer satisfaction. He opened the very first Family Dollar in Charlotte, NC, and never looked back. With most Family Dollar locations having a standard dimension of seven thousand sq. ft., many Family Dollar’s will be found with leasing agreements. Since they are smaller store sizes, many have allowed for expansion into different city and rural markets.

Their architectural design and layout creates quite the shopping experience. One that familiarizes customers to find their favorite items, regardless of which store they visit. In this way, employees and managerial staff alike free up their time. Employees can focus on store operations, and when the need arises, they can provide superior customer service.

Taking the overall idea of self service, and combining the cash n’ carry model for customers in low-mid income communities, Family Dollar became wildly popular. Not to mention because of retailing items of value for typically under two dollars per piece. In fact, they performed so well in 2015 that Family Dollar Inc., and its eight thousand retail properties spanning from MA to CA were acquired by Dollar Tree.

No Image
Storefront Example

NNN Family Dollar

Louisville, KY

$1,450,000

Brand New 10-Year NN Lease. Corporate Guarantee from […]

5.70%

9.7

N/a

No Image
Storefront Example

NNN Family Dollar

Atlanta, GA

$1,692,571

Recession Proof Retailer located in Atlanta, GA.​ ​S&P […]

7.00%

1.6

N/a

No Image
Storefront Example

NNN Family Dollar

Marshalltown, IA

$599,000

Population of over 26,600 with an average household […]

7.15%

4.1

N/a

No Image
Storefront Example

NNN Family Dollar

Memphis , TN

$1,663,642

Located one mile south of the FedExForum (home […]

7.25%

3.2

N/a

No Image
Storefront Example

NNN Family Dollar

McLeansboro, IL

$853,103

​Corporate guaranteed lease from Family Dollar who is […]

7.52%

8.5

N/a

No Image
Storefront Example

NNN Family Dollar

Donalsonville, GA

$1,963,920

Minimal landlord responsibilities. ​New 2021 high quality construction. […]

6.25%

N/a

No Image
Storefront Example

NNN Family Dollar

Trenton, NJ

$2,763,000

Significant Foot Traffic in the Immediate Area. 2 […]

5.90%

7.4

N/a

No Image
Storefront Example

NNN Family Dollar

Turbeville, SC

$1,063,000

Family Dollar has made a substantial investment renovating […]

7.50%

7.7

N/a

No Image
Storefront Example

NNN Family Dollar

Detroit, MI

$1,268,000

Long-Term Commitment to the Site | Over 17 […]

7.00%

4.7

N/a

No Image
Storefront Example

NNN Family Dollar

Walnut Ridge, AR

$700,730

Low Price Point NN+ Family Dollar With 4+ […]

6.85%

4.7

N/a

No Image
Storefront Example

NNN Family Dollar

Detroit, MI

$1,414,285

More than 150,600 people live within 3-miles of […]

7.00%

4.8

N/a

No Image
Storefront Example

NNN Family Dollar

Sidney, NE

$580,000

Rent Increase at the Fourth 5-Year Option. ​Dollar […]

9.87%

0.9

N/a

Most real estate investors fail to generate predictable cash flow.

NNN Deal Finder is helping investors find stable, long-term NNN Lease investments from reputable brands with less risk and more reward.

All logos are ©Copyright, ®Registered Trademarks and courtesy of their respective companies, and are displayed in this website for the sole purpose of brand recognition in tenant labeling.

GCT Commercial Services, LLC, dba, NNN Deal Finder is a licensed real estate broker. The properties shown on this website may or may not be exclusively listed by NNN Deal Finder. All properties and information is deemed accurate and reliable but not guaranteed and should be independently verified.