Corporate Backed lease guaranteed by Family Dollar Stores
Secure Income Stream – 10-year lease with six, 5-year renewal options.
Competitive 8.50% Cap Rate – Offered at $1,340,294, delivering a competitive yield..
Strong Rent Growth – Scheduled rent increases during each option period support long-term income appreciation.
The company is among the few retailers that thrived during the COVID-19 pandemic, experiencing a significant surge in same-store sales and a marked increase in profitability.
High-Traffic Corridor – Strategic frontage along Highway 36, benefiting from consistent consumer activity.
Essential Retail Tenant – National discount retailer serving daily needs in a necessity-driven retail segment.