Investment Overview

Marcus & Millichap is pleased to exclusively list for sale a freestanding Family Dollar, located at 715 East 38th Street in Indianapolis, Indiana. The 10,000 square foot building is located on approximately 0.66 Acres at the hard corner of East 38th Street and Carrollton Avenue. Family Dollar is leased under NN+ terms. There are approximately three years remaining before the current term expires on 9/30/2027. There are six options to renew with a 5 percent increase for each option. This Family Dollar location is ranked in the top 64th percentile (63/173) of all Family Dollars in Indiana. The Property is located in a dense residential area, which is north of downtown Indianapolis. The Indiana State Fairgrounds and Event Center, which attracted over 840,000 people in 2023, is located nearby. Notable retailers in the area include Rally’s, Bank of America, and Domino’s Pizza. 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.