Investment Overview

The Family Dollar at 1000 Court Street offers investors a durable, income-secure asset backed by an auto-renewing lease structure with built-in rent growth. The store operates under a stable base rent through June 2028, with two five-year options that renew automatically and deliver 10 percent increases at each extension. Performance at the corporate level is equally strong: since returning to independent ownership in 2025, Family Dollar has posted its best results in years, generating $13 billion in annual sales and earning institutional credit validation through a recent multi-state sale-leaseback. Locally, the Utica store has demonstrated clear resilience and customer loyalty, retaining its place during systemwide consolidation and growing distinct annual shoppers by 4.5 percent even amid new competitive openings. The surrounding trade area aligns tightly with the tenant’s core demographic profile, supported by a dense daytime workforce of more than 25,000 within one mile, reinforcing the long-term viability and demand fundamentals of this location.