Tenant: Family Dollar | Marion, SC
Premises: 10,000 SF
Renewal Options: (2) Five Year Options at 10% Increases Respectively
Lease Expiration: 01/31/2026
Lease Type: Gross
Rental Increases: None
Sands Investment Group is Pleased to Present For Sale the Family Dollar Gross Property Located in Marion South Carolina. This Opportunity Provides a New Owner With Stable Cash Flow From an Investment Grade Tenant With a Long History at the Site.
In Cooperation With Sands Investment Group Charleston, LLC, Broker Lic. #20891 BoR: Chris Sands – Lic. SC #93103
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
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, operated 16,231 stores across 48 states and five Canadian provinces as of July 30, 2022. 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.
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