Family Dollar Long Term Abs Nnn | Rare 10% Rent Increase In 2028 | 3 Miles From Downtown Pittsburgh

Highlights:

• 15-Year Absolute NNN Lease with 10+ Years Remaining
• Rare 10% Rent Increases Starting in 2028 & in Each Option
• Located Just 3-Miles from Downtown Pittsburgh
• Traffic Counts Exceed 20,000 Vehicles Per Day
• 312,000 Residents within 5-Miles of Subject Property
• Corporately Guaranteed Lease by Publicly Traded Company

Description:

The subject property is a freestanding Family Dollar store located in Pittsburgh, PA. There are 10+ years remaining on the 15-year absolute NNN lease with an attractive 10% rent increase in 2028 and in each of the (6) 5-year options. Family Dollar sits on a large 1.31 acre parcel on Chartiers Road with over 20,000 vehicles traveling by daily. The property is strategically located in a dense residential neighborhood, just 3-miles from Downtown Pittsburgh. A densely populated area, there are 10,720 people within 1-mile, 111,583 people within 3-miles, and 312,488 people within 5-miles. Family Dollar is situated among numerous residential neighborhoods with limited competition, making this a go to store for nearby residents.

National retailers in the immediate area include Advance Auto Parts, Dunkin’ Donuts, Planet Fitness, CVS Pharmacy, Chase Bank, Dollar Tree, PNC Bank, ALDI, Rite Aid, Pizza Hut, Wendy’s, 7-Eleven, O’Reilly Auto, Arby’s, McDonald’s, and many more. This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment with zero landlord responsibility.

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