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 $59,763
• Ten Mile Population is 4,869
• 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 Fort Deposit, 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 Old Fort Road in the city of Fort Deposit. The ten mile population is 4,869 with the ten mile average household income at $59,763. 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
Fort Deposit is a small town situated in Lowndes County, Alabama, USA. With a population of around 1,200 residents, it is known for its historical significance and Southern charm. The town's name originates from a fort built during the early 19th century, serving as protection during conflicts with Native American tribes. Today, Fort Deposit provides a glimpse into the past with its well-preserved architecture and historical sites, offering visitors a chance to explore the roots of the region.

While Fort Deposit is relatively small, it plays a role in the local economy, with agriculture, small businesses, and services contributing to its economic landscape. The town's peaceful atmosphere and connection to its history make it a unique destination for those interested in exploring the historical fabric of Alabama and experiencing the simplicity and warmth of a Southern community.

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