1013 W Market St
Pottsville, PA 17901
Family Dollar | Pottsville, PA · Retail Property For Sale

The lease structure is double net (NN), with minimal landlord responsibilities. Tenant is responsible for HVAC, maintaining CAM and parking, and payment of all taxes, utilities, and insurances. In 2016, Family Dollar recently extended their lease an additional ten (10) years, demonstrating their commitment to this location. There are nine (9.7) years remaining on the lease term. The lease provides for three (3), five (5) year options. There is a large 22.22% increase at Option 1 and 10% increases at Options 2 & 3. At a 4.11% rent to sales ratio, sales at this location are almost 30% higher than the national average for a Family Dollar. Sales have been increasing every year since the store opened. The lease is guaranteed by Family Dollar Stores Inc. Dollar Tree, Inc. (NASDAQ: DLTR). There are 44,687 residents located in the five (5) mile demographic ring. There are over 5,000 households in the one (1) mile demographic ring. The average household income in the five (5) mile demographic ring is $54,831. Family Dollar has high visibility and frontage on W Market St., which reports traffic counts of 12,000 cars per day at this location. Pottsville supports a growing retail economy and is currently home to 1.5 million square feet of retail space and 4 retail centers. Pottsville hosts 100,000 tourists annually, while Schuylkill County remains a popular outdoor destination for visitors and residents alike.