Family Dollar is operating on a net lease basis, and is a national, publicly traded company with an investment grade credit rating. Family Dollar is on a long-term, corporately guaranteed lease which commenced in 2019, and has two five (5) year options to renew. Family Dollar’s lease has five percent (5%) rental increases in both of their 5-year renewal options.
JLL is pleased to exclusively offer the opportunity to acquire the fee simple interest in a newly renovated Family Dollar (the “Property”) located in Trenton, NJ. The location is densely populated and has a population of over 147,000 people within a 3-mile radius.