Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Family Dollar in Miami, Florida. This investment is secured by a triple net lease and a corporate guarantee. The lease includes a 10 percent rent increase scheduled for October 2025, with additional increases every five years thereafter during each option period. Family Dollar is part of Dollar Tree, Inc., which acquired Family Dollar in 2014. The combined organization now operates at over 16,000 locations nationwide and generates annual sales exceeding $19 billion. The property is ideally located in a highly accessible and densely populated area, with over 220,000 residents within a three-mile radius and more than one million residents within seven miles. It is situated approximately five miles from downtown Miami and just 1.5 miles from Miami International Airport (MIA). The property has excellent access and visibility, with over 36,000 vehicles passing daily on NW 27th Avenue and direct access to the Airport Expressway, a major east-west route with 115,000 vehicles per day. Additionally, it is within walking distance of more than 26,000 residents, providing a strong local customer base for Family Dollar. Located near MIA, one of the busiest airports in the U.S., the property also benefits from high volumes of local and international traffic. The surrounding area includes a mix of residential communities, such as Brownsville Village Apartments (401 units) and Lincoln Gardens Apartments (221 units), both less than one mile from the Subject Property.