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Family Dollar 3432 Frederick Ave 9,129 SF Retail Building Baltimore, MD 21229 $2,267,638 ($248.40/SF) 8% Cap Rate
Investment Highlights
- Approximately 11 Years of Guaranteed Lease Term Remaining (Lease Exp: March 2037)
- 2016 Construction | 9,129 SF Building on 1.024 Acre Parcel
- Strong Placer.Ai Data (196,100 Store Visits) - Top 6% Nationwide / Top 18% Statewide
- Recent Lease Extension Signifies Family Dollar's Commitment to this Location
- Absolute NNN Lease with ZERO Management Responsibilities
- 5-Mile Demographics: 454,426 Residents | $92,700 Average Household Income
Executive Summary
In Conjunction With: Brian Brockman (Bang Realty, Inc.) - MD License #678573
Property Facts
Amenities
- Signage
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Mar 2037
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Mar 2037 |
Presented by
Family Dollar | 3432 Frederick Ave
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