Interested in selling your Family Dollar NNN property or Family Dollar lease property and was wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Family Dollar NNN property for sale or Family Dollar ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Family Dollar NNN property or the inclusion of a Family Dollar ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Family Dollar properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
As of January 2023, Family Dollar has over 13,000 stores in the United States.
Revenue and income
In 2022, Family Dollar’s total revenue was $14.8 billion. Net income was $300 million.
Future plans
Family Dollar plans to continue expanding its presence in the United States. In 2023, the company plans to open over 500 new stores. Family Dollar also invests in new technologies, such as self-checkout and mobile ordering.
Corporate vs. franchise
Family Dollar stores are all corporate-owned. There are no franchise opportunities with Family Dollar.
Additional information Family Dollar Properties
Family Dollar was founded in 1959 in Charlotte, North Carolina.
The company’s name refers to the first store selling items for $1 or less.
Family Dollar is the largest discount retailer in the United States.
The company’s most popular products include household goods, food, and clothing.
Family Dollar is a subsidiary of Dollar Tree, Inc., a discount retail conglomerate.
Family Dollar History
Family Dollar was founded in 1959 in Charlotte, North Carolina. The company was founded by Leon Levine, inspired by a chain of Tennessee stores selling items for $1 or less. Family Dollar is the largest discount retailer in the United States. The company’s most popular products include household goods, food, and clothing.
Why Invest in Ground Lease and NNN Lease of Family Dollar?
Investing in Family Dollar’s ground lease and triple net (NNN) lease properties offer compelling reasons:
1) Family Dollar NNN Property Investment: Stable income
Family Dollar is a well-established company with a solid financial position. This provides investors with a reliable income stream from their investments.
2) Family Dollar NNN Property Investment: Established tenant
Family Dollar is central to the discount retail industry. This reduces the risk of vacancy or lease default.
3) Family Dollar NNN Property Investment: Low management responsibility
Family Dollar is responsible for the maintenance and operation of the property. This reduces the management responsibilities for investors.
4) Family Dollar NNN Property Investment: Favorable lease terms
Family Dollar leases typically have long terms with built-in rent escalations. This provides investors with predictable income and potential rental growth.
5) Family Dollar NNN Property Investment: Real estate value
Family Dollar properties are typically in prime retail areas. This can increase the property value over time, offering potential capital appreciation.
Pros and Cons of Family Dollar Ground Lease and NNN Lease Investment
Pros:
1. Stable income from a well-established company.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth.
Cons:
1. Lease renewal risk when the term expires.
2. Dependency on Family Dollar’s success and operational challenges.
3. Market saturation and competition affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.
Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.