Family Dollar

Average Sale and Lease Details

Price Range 12mo avg: $1.33M – $1.56M
$/sf 12mo avg: $150.00
CAP Rate 12mo avg: 7.21%
NOI average: $102383
Lease Terms: 15yrs
Typical Lease Type: NNN
Building Size avg: 8712 SF
Lot Size avg: 1.15+/- acres

About Family Dollar

On July 6, 2015, Dollar Tree completed its acquisition of Family Dollar stores.

The Family Dollar segment operates general merchandise discount retail stores providing consumers with a selection of competitively-priced merchandise in convenient neighborhood stores. The Family Dollar segment consists of operations under the Family Dollar brand, eleven distribution centers and a Store Support Center in Matthews, North Carolina. The stores average 7,800 square feet and they range from predominantly 6,000 – 8,000 selling square feet. In their 7,897 Family Dollar stores, the company sell merchandise at prices that generally range from $1.00 to $10.00.

Family Dollar stores provide customers with a quality, high-value assortment of basic necessities and seasonal merchandise. They offer competitively-priced national brands from leading manufacturers alongside name brand equivalent value priced private labels. Family Dollar purchase merchandise from a wide variety of suppliers and generally have not experienced difficulty in obtaining adequate quantities of merchandise.

While the number of items in a given store can vary based on the store’s size, geographic location, merchandising initiatives and other factors, Family Dollar typical store generally carries 7,000 basic items alongside items that are ever-changing and seasonally-relevant throughout the year.

 


 

NASDAQ: DLTR

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Annual Reports

Family Dollar Financial Highlights

S&P Credit Rating:
Moody’s Credit Rating: Ba1
Annual Revenue 2016: $20.72B
Annual Revenue 2015: $15.50B
Revenue Growth: 33.68 2015
Net Income $5.22M
Units (Jan. 2017) 14334
Average Units Volume: $1.45M

Stores under Dollar Tree banner: 6,360 (Jan. 2017)
Stores under Family Dollar banner: 7,974 (Jan. 2017)

Recent Closings for Family Dollar and Similar Tenants

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Carencro, LA
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San Antonio, TX
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Granite, OK
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Orange Grove, TX
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Meridian, TX
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Fort Worth, TX
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Kissimmee, FL
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Anderson, TX
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Baton Rouge, LA
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Sour Lake, TX
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Sinton, TX
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Kountze, TX
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Houston, TX
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Bryan, TX
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Austin, TX
KW Net Lease Advisors