Family Dollar 3 Property Portfolio | 8.2% Cap Rate

High-Yield Retail Investment Portfolio in KY & TN

An outstanding opportunity to acquire a 3-property Family Dollar retail portfolio positioned across high-demand markets in Kentucky and Tennessee. Offered at $4,577,134 with an attractive 8.20% Cap Rate, this portfolio offers investors immediate stable cash flow backed by one of the nation's premier discount retailers.

Featuring recent 2023 and 2024 construction, each site averages ±10,500 square feet on net-leased (NN+) agreements. These proven, high-performing locations were explicitly untouched by recent corporate restructuring or store closures, underscoring their critical position within their respective primary trade areas.

Recession-Resilient Tenant & Strong Private Equity Backing

Family Dollar operates as a essential value-based retailer that consistently thrives across all economic cycles. As inflation drives consumer demand toward value retailers, dollar stores remain one of the most reliable commercial real estate investment classes nationwide.

This portfolio is bolstered by a strong corporate guarantee following the acquisition of Family Dollar by top-tier private equity firms Brigade Capital Management and Macellum Capital Management. With an extensive track record in retail optimization—including holdings and turnarounds with major brands like Kohl’s, Big Lots, and Bed Bath & Beyond—the institutional ownership provides robust financial backing and strategic stability across all operational locations.

Passive NN+ Lease Structure & Long-Term Rent Growth

Designed for minimal management overview, these assets feature favorable NN+ lease terms:

• Landlord Responsibilities: Limited strictly to roof, structural elements, and parking lot capital expenditures (CAPX replacement only).

• Tenant Responsibilities: All routine ground maintenance, minor repairs, general liability insurance, property insurance reimbursements, and real estate taxes are handled directly by the tenant.

• Built-in Rent Inflation Hedges: Leases feature 4 or 5 five-year renewal options (varying by individual site) with structured $0.50/SF rent escalations in every option period to protect investor yield against inflation over time.

Essential Trade Areas with Strong Market Fundamentals

Each property in this portfolio occupies a strategic position in essential service markets across Kentucky and Tennessee where grocery and daily consumer alternatives are limited. Serving an average 10-mile trade area population exceeding 15,800 residents, these locations act as primary, everyday shopping destinations for their surrounding rural and suburban communities.

Whether acquired as a complete 3-store dollar store portfolio or as individual net-lease properties, this offering represents an ideal turn-key allocation for 1031 exchange buyers, private equity groups, and yield-focused net-lease investors.

Portfolio Financial & Physical Summary

Brokerage Contacts & State Brokers of Record

Tennessee Broker of Record:

• Brokerage: Bull Realty

• Broker: Michael Bull

• Phone: 404-876-1640

• Email: Michael@BullRealty.com

• License: TN # 339898

Kentucky Broker of Record:

• Brokerage: TRIO Commercial Property Group

• Broker: Justin Baker

• Phone: 502-454-0911

• Email: JBaker@TRIOCPG.com

• License: KY # 204053