Family Dollar
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.