Family Dollar

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Average Property & Lease Terms

Price                            $500,000 – $2m

Lease Type                  NN and NNN

Term                            10 Year NN, some new stores are 15 Year NNN

Ownership                   Fee Simple

Guarantor                    Corporate – no franchises

Building Size               8,000 sf

Lot Size                       +.7 acres

Increases                     Flat until option periods, new 15 year leases in year 11

Options                       4 five year

Corporate Overview                          

Current Annual Revenue: $10.4 billion

Current Annual Net Income: $443.6 billion

Number of Locations: +8,400

News               Website: www.familydollar.com

Family Dollar Stores, Inc. (Family Dollar) operates a chain of more than 8,000 general merchandise retail discount stores in 46 states, providing consumers with a selection of merchandise in neighborhood stores. The Company’s merchandise assortment includes Consumables, Home Products, Apparel and Accessories, and Seasonal and Electronics. The Company sells merchandise at prices that range from less than $1 to $10. A Family Dollar store is between 7,500 and 9,500 square feet, with an average of approximately 7,150 square feet of selling space. The stores generally serve customers who live within three to five miles of the store. At the end of fiscal 2014, the Company operated 8,042 stores, totaling 58.1 million selling square feet, and approximately 24% of its stores were located in large urban markets, and approximately 20% of its stores were located in small urban markets or suburban areas.