Family Dollar | Dollar Tree

Valley Head, AL

As Dollar Tree merges with Family Dollar, it’s two great stores coming together — Family Dollar, ready to meet your family’s needs, alongside Dollar Tree, with its thrilling offerings in seasonal, party, and crafting — to help you celebrate life’s occasions. Dollar Tree, Inc. (NASDAQ: DLTR) is a Fortune 200 company with $25.51 billion in sales and a $7.285 billion net worth. In addition, Dollar Tree has an investment grade credit rating of BBB.

Property Information

  • Tenant: Dollar Tree Stores Inc.
  • Location: 8403 Al Highway 117, Valley Head, AL 35989
  • Property Type: Freestanding, Retail
  • Building Size: 12,000 sq ft
  • Purchase Price: $2,075,422.22
  • Cap Rate: 5.40%

 

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Dollar General - Bethpage, Tennessee
Representative Photo

Valley Head, AL

Valley Head is in DeKalb County, Alabama, and is centrally located between the major cities of Huntsville and Birmingham, Alabama; Chattanooga, Tennessee; and Atlanta, Georgia. Situated just one mile from Interstate 59 and having the Norfolk Southern railway system routed through the town, Valley Head makes an excellent location for manufacturing businesses, such as Inspec Tech, Inc., Harco Metal Products, Inc., and Fritz Structural Steel.
The Woodlands is a census-dedicated place (CDP) located 28 miles north of Houston. The Woodlands is a master-planned community built to be a thoughtful and diverse living experience that balances the spirit of neighborhood life with business and innovation—nestled within a grounded natural setting.
 

About Tenant In Common

Tenant in common or TIC ownership allows two or more people to hold an ownership interest in a property. Each property owner or business
entity holds its own separate stake in the property and receives a deed.Their interests do not have to be equal.

This Millcreek Commercial property has the following characteristics:

 

  • Long-term lease, newly renovated building, NN lease

    Satisfies IRS requirements for 1031 exchanges

Millcreek Commercial pleasant grove office building

Office | 385.248.0613

Lease Information

  • Lease Guarantor: Family Dollar Stores Inc.
  • Minimum Rent: $114,360
  • Initial Lease Term: 10+ Years
  • Rent Increases: $0.50 PSF increases each option period
  • Renewal Options: Four 5-year options
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