NNN tenant profile for Family Dollar

Family Dollar

Family Dollar Stores, Inc. is one of the largest discount retailers in the United States operating a chain of stores focused primarily on low and middle class consumers. Family Dollar retail stores offer a mix of quality products including consumable products, home goods, and apparel for men and women. With over 8,100 stores in 46 states, Family Dollar retail stores allow investors to evaluate property in metropolitan and rural areas. The standard net lease is 10 years with successive option periods when the rent increases 10% every five years during the options. The company was founded in 1959 and is headquartered in Matthews, North Carolina.

Industry
Discount
Lease Structure
NN
S&P Bond Rating
BB+
Moody's Bond Rating
Ba1
Stock Symbol
Holding Company

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