Family Dollar (Ridgemont Ave)

THE OPPORTUNITY

• Net lease structure with minimal landlord responsibilities:​
• Roof, Structure​
• Family Dollar Corporate Guarantee​
• Long-term tenancy with more than 18 years of operating history​
• 3.5 years remaining on current term​
• 10% rent increases at each 5-year option; next increase in 3.5 years​
• Recession-resistant national brand and operator with over 8,000 stores nationwide​
• Essential Retailer​

THE HIGHLIGHTS

• Excellent visibility at the intersection Ridgemont Ave and New Allen Rd, two four-lane divided highways with 13,000 VPD​
• Hard Corner with access points from both highways​
• 2004 Construction​
• Convenient location for several surrounding neighborhoods​
• 2022 Population​
• 3 Mile – 48,000​
• 5 Mile – 115,000