Investment Overview
SVN is pleased to offer for sale to qualified investors the opportunity to purchase a 2016 construction, absolute NNN leased Family Dollar in Shelbyville, TX. Family Dollar signed a 15 year lease at this location in 2016. The lease now has 4.5 years of primary term remaining with six, 5-year option periods. There are 10% increases in each of the option periods. The store size is 8,400 SF ad is situated on a 1.06 Acre Lot. The lease is Absolute NNN with Zero landlord responsibilities.
This is a corporate guaranteed lease by Family Dollar, LLC. Family Dollar which has an standalone S&P Credit Rating of “B”. Family Dollar Stores, Inc. is an American variety store chain founded in 1959 by Leon Levine in Charlotte, NC. Family Dollar currently operates over 8,200 store locations with headquarters in Chesapeake, VA. Family Dollar is a privately held company and is owned by private equity firms Brigade Capital Management, Macellum Capital Management and Arkhouse Management Co, which purchased the chain from Dollar Tree for approximately $1.01 Billion on July 7, 2025.
Investment Highlights
- Absolute Net Lease; Zero Landlord Responsibilities
- Six Lease Renewal Options with 10% Increases
- Income Tax Free State of Texas
- Corporate Guaranteed Lease with Family Dollar (NYSE:DLTR)
- The only Dollar Store in Shelbyville, with no direct value-retail competition
- In the Center of Town, Near Other Essential Infrastructure, including Post Office and Schools
- 2016 Ground-Up Built-to-Suit in Excellent Condition