1002 Atkinson Way
Boswell, PA 15531
Family Dollar · Retail Property For Sale

• Double Net (NN) Investment | Multi-tenant NN with tenants fully responsible for taxes, insurance, interior maintenance, and reimbursement of common area maintenance providing the landlord with a low maintenance asset. • Corporate Guarantee | Family Dollar Stores, Inc. is owned and operated by its parent company, Dollar Tree, Inc. which is a fortune 500 company with $22.246 billion in revenue FY’17. • Future Rent Growth | There are 10% rental increases built into the lease in each option period for Family Dollar Stores, Inc. Second tenant's Lease feature multiple 7% rent increases, providing the landlord with positive rent growth and a hedge against inflation. • Strong Tenant Commitment | The Lease option was to only be 5 years, but Family Dollar Store extended the option for a total of 10 Years with an additional one (1) 5-year option remaining, indicating strong commitment to the site. • A One-Stop Shop | Family Dollar Stores, Inc. delivers everyday low prices on items including food, health, beauty aids, cleaning supplies, family apparel and houseware. • Recent Building Upgrades and Renovations | This asset was built brand new in 2006 from the ground up. In 2019, the parking lot was repaved and restriped. • Excellent Site-Level Visibility | Ideally positioned off of Route 609, this property has visibility from 2,700 vehicles passing daily. • Advantageous Demographics | This is an isolated community in southwestern Pennsylvania, which serves as the ideal target market for this tenant and further support consistent annual sales of over $1M. • Recession Resistant Guarantor | Family Dollar Stores, Inc. is a leader amongst low price-point retailers and thrives in markets where income may be modest.