Family Dollar Stores, Inc.
Family Dollar Stores, Inc. is one of the largest discount retailers in the United States that operates a chain of stores focused primarily on lower and middle-class consumers. Its retail stores offer a variety of products including consumable products, home goods, and apparel for both men and women.
Family Dollar, with over 8,100 stores in 46 states, allows investors to evaluate properties 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 currently headquartered in Matthews, North Carolina.
- Industry: Discount
- Holding Company: Family Dollar Stores, Inc.
- Lease Structure: NN
- S&P Bond Rating: BBB-
- Moody’s Bond Rating: Baa3
- Website: http://www.familydollar.com/