Family Dollar/Dollar Tree

Investment Overview

Fortis Net Lease is pleased to present this 10,500 SF Family Dollar/Dollar Tree hybrid store located in Andalusia, AL. The property is encumbered with a ten year double net lease, leaving minimal landlord responsibilities. The lease is corporately guaranteed by Dollar Tree Corporation which holds a credit rating of “BBB” which is classified as investment grade. This Store is highly visible as it is strategically positioned along Straughn School Road in the city of Andalusia. The ten mile population is 20,770 with the ten mile average household income at $65,824. These are above-average demographics for a Dollar Store. This investment will offer a new owner success due to the financial strength and the proven profitability of the tenant, one of the nation’s top dollar stores.

Investment Highlights

• New Construction | Opened Q2 2024
• 10 Year NN Lease
• Investment Credit Tenant | S&P Rating: BBB
• Rare Dollar Tree Lease Guarantee (Not Family Dollar)
• Ten Mile Average Household Income $65,824
• Ten Mile Population is 20,770
• Extremely Rare DOLLAR TREE CORP Guarantee