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Executive Summary

• Push the “easy button” with this Family Dollar portfolio serving KY and TN areas with limited grocery and consumer options.
• Family Dollar is a highly regarded value-based retailer that thrives in all economic times.
• This 3-property portfolio represents proven locations that were not impacted by new corporate ownership or closures.
• Average 10-mile population for these locations is over 15,800.
• Minimal landlord responsibilities with recent 2023 & 2024 construction and NN+ leases.
• Corporate guaranteed by experienced private equity firms that own discount retailers including Kohl’s, Big Lots, and Bed Bath & Beyond.
• Motivated seller will consider selling locations separately.
• NN+ leases with recent 2023 and 2024 construction.
• Family Dollar is a value-based retailer that thrives in all economic times.
• Landlord responsibilities: Roof, structure, and parking lot (CAPX only).
• Tenant Responsibilities: All other repairs, grounds maintenance, liability insurance and reimbursement of taxes and property insurance.
• Renewal options: 4 or 5 five-year options (depending upon location) with .50/SF rent increases in each option period.
• Corporate guaranteed: new Family Dollar owners, private equity firms Brigade Capital Management and Macellum Capital Management.
Tennessee Broker of Record:
Bull Realty
Michael Bull
404-876-1640
Michael@BullRealty.com
TN License # 339898
Kentucky Broker of Record:
TRIO Commercial Property Group
Justin Baker
502-454-0911
JBaker@TRIOCPG.com
KY License # 204053

Property Facts

Price $6,263,808 CAD
Price / SF $198.85 CAD / SF
Cap Rate 8.20%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 31,500 SF
Total Land Area 5.66 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
616 KY HWY 39 hwy, Crab Orchard, KY 40419 Retail 10,500 SF 2023 $2,023,875 CAD
15 Carroll St N, Bruceton, TN 38317 Retail 10,500 SF 2024 $2,208,602 CAD
250 Taft Dr, Spencer, TN 38585 Retail 10,500 SF 2023 $2,084,362 CAD
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  • Listing ID: 40478101

  • Date on Market: 2026-05-11

  • Last Updated:

  • Address: Family Dollar 3 Property Portfolio, Spencer, TN

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