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For Sale

Family Dollar 3 Property Portfolio | 8.2% Cap Rate

Tennessee and Kentucky,
Varies, TN 38317

Asset Snapshot

1
Floor Count

Offering Summary

Investment Overview

• NN+ leases with recent 2023 and 2024 construction. • Family Dollar is a value-based retailer that thrives in all economic times. • Landlord responsibilities: Roof, structure, and parking lot (CAPX only). • Tenant Responsibilities: All other repairs, grounds maintenance, liability insurance and reimbursement of taxes and property insurance. • Renewal options: 4 or 5 five-year options (depending upon location) with .50/SF rent increases in each option period. • Corporate guaranteed: new Family Dollar owners, private equity firms Brigade Capital Management and Macellum Capital Management. Tennessee Broker of Record: Bull Realty Michael Bull 404-876-1640 Michael@BullRealty.com TN License # 339898 Kentucky Broker of Record: TRIO Commercial Property Group Justin Baker 502-454-0911 JBaker@TRIOCPG.com KY License # 204053


Investment Highlights

  • Push the “easy button” with this Family Dollar portfolio serving KY and TN areas with limited grocery and consumer options.
  • Family Dollar is a highly regarded value-based retailer that thrives in all economic times.
  • This 3-property portfolio represents proven locations that were not impacted by new corporate ownership or closures.
  • Average 10-mile population for these locations is over 15,800.
  • Minimal landlord responsibilities with recent 2023 & 2024 construction and NN+ leases.
  • Corporate guaranteed by experienced private equity firms that own discount retailers including Kohl’s, Big Lots, and Bed Bath & Beyond.
  • Motivated seller will consider selling locations separately.

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Listing Syndicated From

Buildout
For Sale
$4,577,134
Asking Price