Family Dollar

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Family Dollar property located in Lawton, Oklahoma. The property was constructed for Family Dollar in 2002. Since then, Family Dollar has executed several renewal options with the most recent extending the lease through December 2026. Family Dollar has one 5-year renewal option remaining with a 10% rental escalation. The lease is a modified triple net where the landlord is only responsible for the building structure. Family also reports sales at this location and has maintained consistent throughout their tenancy (inquire with broker for more information).
The 7,992 square foot property benefits from its position along NW Sheridan Road which experiences over 21,200 vehicles per day. Additionally, the subject is within proximity to three major thoroughfares for the area that include Interstate 44 (37,500 VPD), Highway 62 (29,000 VPD), & NW Cache Rd (37,600 VPD). Family is also located less than one mile from the U.S. Army’s Fort Sill Military Base. Fort Sill is home to over 20,000 active-duty personnel and trainees. The Base is used to train thousands of soldiers annually in artillery and missile operations. There is a large mix of nearby retailers that include Walmart Supercenter, Sam’s Club, ALDI, Goodwill, Whataburger, Raising Cane’s, The Home Depot, Lowe’s, and several others. There are over 82,000 people living within a five mile radius that earn an average household income of $71,195.
Family Dollar is a leading discount retail chain in the United States, operating over 8,000 stores across 46 states. Known for its commitment to providing customers with a wide range of essential products at affordable prices, Family Dollar offers a diverse inventory including groceries, household items, apparel, and seasonal merchandise. The company’s strategic focus on serving low-to-moderate-income communities ensures a steady and loyal customer base. Family Dollar’s efficient supply chain management and extensive store network contribute to its robust financial performance, making it a reliable tenant and a valuable asset for investors seeking stable returns in the retail sector.