Tenant: Family Dollar | Eudora, AR Premises: 8,800 SF Renewal Options: 4 x 5 Years
Lease Expiration: 1/31/2024 Lease Type: NN Rental Increases: 10% at Options
Sands Investment Group is Pleased to Exclusively Offer the Family Dollar Corporate Lease Investment Opportunity Located at 2963 S Highway 65 in Eudora, Arkansas.
Corporate Guaranteed Double Net (NN) Investment Opportunity
Family Dollar Has Been Operating at This Site Since 2000 – Showing Commitment to the Location
2nd Lease Renewal Exercised in January 2019 Without Tenant Improvement Dollars or Any Rent Concessions
Attractive Rent Increases – Increasing 10% at Each of the Four (4) Additional Five (5) Year Options
Investment Grade Tenant: Recent Upgrade to BBB
Limited Retail Competition in the Area
Family Dollar Was Acquired By Dollar Tree, Inc. in 2015 and is Now Considered to Be the Nation’s “Largest Small-Box Discount Retailer” With More Than 15,262 Locations Nationwide
Family Dollar Has Strong Brand Recognition, Providing Household Products to Over 8,000 Neighborhoods in the Country
Excellent Visibility Directly Off the U.S. Hwy 65 Freeway – With Over 4,600 VPD
Nearby Tenants Include: Dollar General, Farm Bureau Insurance, U.S. Post Office, Carquest Auto Parts, Double Quick, Southern Bancorp and More
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. # PB00085157
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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 200 Company, now operates more than 15,262 stores across 48 states and five Canadian provinces as of November 2, 2019. Stores operate under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada.
Family Dollar offers a compelling mix of merchandise for the whole family. Ranging from an expanded assortment of refrigerated and frozen foods, health and beauty items to home décor and seasonal items, Family Dollar offers the lowest possible price, the name brand and quality private- brand merchandise customers need and use every day.
The average size of a Family Dollar store is approximately 7,000 square feet, and most stores are operated in leased facilities. This relatively small footprint allows the Company to open new stores in rural areas and small town, as well as in large urban neighborhoods. Within these markets, the stores are located in shopping centers or as free-standing building and all are convenient to the Company’s customer base.