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Tenant Profiles

Family Dollar

B+E > B+E INSIGHTS > Tenant Profiles > Family Dollar
01/23/2023 By B+E

Family Dollar

familydollar.com | Parent Company: Dollar Tree

family dollar logo

90
Number on Market

$1.6M
Average Price

12.51
Average Remaining Term (Years)

6.51%
Average Cap Rate

Family Dollar Tenant Overview

Founded in 1958, Family Dollar is an American variety store chain headquartered in Charlotte, North Carolina. The company operates over 8,200 stores in 44 states, offering a wide range of products, including groceries, household items, health and beauty products, and seasonal items.

Family Dollar is a desirable tenant in the net lease market due to its high store count, strong financial performance, and commitment to providing affordable products to its customers. The company offers both private label and national brand products, allowing customers to save on their everyday needs.

In the 2021 fiscal year, Family Dollar’s parent company, Dollar Tree, generated approximately $25.509B in revenue, a 3.18% increase from the previous year. This performance, along with the company’s strong customer loyalty, has earned it a credit rating of BBB from Standard & Poor’s. Family Dollar’s nationwide presence and focus on providing affordable products make it a valuable tenant for any retail property.

family dollar net lease

Tenant Data:

Company Family Dollar (Dollar Tree)
OwnershipPublic
HeadquartersCharlotte, NC
TickerDLTR
Credit RatingS&P: BBB
Annual Revenue 2021+/- $25.509B
Locations (U.S Only)8,200+
Websitewww.familydollar.com
Average Family Dollar Info
Number on Market90
Average Price$1,633,499
Average Remaining Term12.51 Years
Average Cap Rate6.51%
Average NOI$103,394
Average PPSF$173.96
Average Building SF9,390 SF
Average Lot Size0.93 AC
AS OF 12/08/22

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