Family Dollar 4 Property Portfolio | 8.5% Cap Rate

Highlights:

• Push the “easy button” with this Family Dollar portfolio serving areas with limited grocery and consumer options.
• Family Dollar is a value based retailer that thrives in all economic times.
• All four properties are proven locations that were not impacted by new corporate ownership.
• Minimal landlord responsibilities with these 2022 built 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.
• Texas locations are NOT subject to state income tax.
• NN+ leases with recent 2022 construction and no state income tax (Texas locations only).
• 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: 6 five-year options with .50/SF in each option period.
• Corporate guaranteed: new Family Dollar owners, private equity firms Brigade Capital Management and Macellum Capital Management.

Description:

Texas Broker of Record:
Reid Peevey Commercial Real Estate Company
Victor Randolph Reid
254-753-1157
Randy@ReidReevey.com
TX License # 333073

Oklahoma Broker of Record:
Bang Realty - Oklahoma Inc.
Brian Brockman
513-898-1551
BOR@BangRealty.com
OK License # 177814

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