Family Dollar/Dollar Tree

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

Description:

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.


Location Description
Andalusia is a city located in the southern part of Alabama, USA. Nestled in Covington County, it serves as the county seat and is known for its charming small-town atmosphere. With a population of approximately 8,900 people, Andalusia embodies a tight-knit community that takes pride in its rich history and Southern hospitality. The city boasts a diverse economic base, with sectors such as manufacturing, agriculture, and retail contributing to its stability. Visitors and residents alike can explore historical landmarks, parks, and local businesses, experiencing the unique blend of tradition and modernity that defines Andalusia.

The city has a distinct cultural character, reflected in its annual events and festivals that celebrate its heritage. Additionally, Andalusia offers recreational opportunities through parks, lakes, and outdoor activities, making it an attractive destination for those seeking a balance between community engagement and natural beauty. Overall, Andalusia, Alabama, encapsulates the essence of Southern living, with its warm community spirit, economic vitality, and a blend of historical and contemporary influences.

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