Tenant: Family Dollar | Grand Prairie, TX Premises: 8,320 SF Renewal Options: 6 x 5 Years
Lease Expiration: 3/31/2033 Lease Type: NNN Rental Increases: 10% in Year 11 and at Options
Brand New 2018 Construction – Estimated Opening July 2018
Excellent Demographics in Immediate Area – Population Exceeding 207,000 Residents Within a 5-Mile Radius
Family Dollar was Acquired by Dollar Tree and Combined Have Over 14,500 Locations Worldwide
Grand Prairie is the 15th Most Populous City in the State and is Part of the Region that Makes Up the Dallas/Fort Worth Metroplex
According to Forbes, Dallas Has a Projected Annual Job Growth of 3.90% and is Ranked No.10 on the List of Best Places for Business and Careers
Located 15 Miles Southwest of Downtown Dallas with Easy Access to Interstates 30 and 20 (East/West Corridors Through and Around Dallas)
23 Minutes Southwest of DFW International Airport – The 4th Busiest Airport in North America and the Largest Hub for American Airlines
Tenant Overview
CHESAPEAKE, Va. – July 6, 2015 – Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores selling everything for $1 or less, announced that it has completed the acquisition of Family Dollar Stores, Inc., a leading national discount retailer offering name brands and quality, private brand merchandise.
Dollar Tree, a Fortune 500 Company, now operates more than 14,500 stores across 48 states and five Canadian provinces. Stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar.