| Purchase Price | $1,620,000 |
|---|---|
| Annual Rental Income | $127,980 |
| Cap Rate | 7.90% |
| Lease Term | 9 Years |
| City | McRae |
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Family Dollar – McRae, GA
This property is leased to Family Dollar, a national value-oriented discount retailer with over 8,000 locations across the United States. Positioned as a neighborhood convenience destination, Family Dollar offers everyday essentials at affordable prices. With a long-term net lease in place, the store delivers passive revenue, minimal landlord involvement, and the stability of a proven retail brand.
Retail Model & Merchandise Mix
Family Dollar stocks a broad range of daily items including grocery staples, household cleaning supplies, health and beauty products, baby care items, seasonal and holiday décor, party goods, small apparel accessories, school essentials, toys, and pet items. Designed for efficiency and convenience, the chain’s straightforward pricing and product layout make shopping easy for budget-conscious consumers and support strong repeat visits.
Net-Lease Structure
This location operates under a long-term net lease—typically structured as triple-net (NNN) or double-net (NN)—where Family Dollar is responsible for property taxes, insurance, and maintenance costs. This lease structure delivers a passive investment profile and predictable cash flow for landlords, with most operational burdens handled by the tenant. Net-leased assets anchored by national credit tenants like Family Dollar are highly sought after for their stability and ease of management.
McRae Market & Demographics
McRae, the county seat of Telfair County, serves as a regional hub in central Georgia. The city has a population of approximately 4,500, with a surrounding trade area that includes several thousand more residents in nearby rural communities. The local economy is supported by agriculture, light manufacturing, education, healthcare, and government services.
Median household income in the McRae market is around $33,000–$35,000, with a significant portion of the population living on modest or fixed incomes. The community comprises families, retirees, blue-collar workers, and service-sector employees—all of whom benefit from accessible, affordable retail options. These demographics align closely with Family Dollar’s core customer base, making the store a natural fit for this market.
Community Role & Shopper Appeal
Family Dollar plays a vital role in McRae by providing convenient access to essential goods at everyday low prices. Its compact store format and clear merchandising appeal to budget-oriented shoppers, allowing families, seniors, and workers to fulfill most routine shopping needs in a single trip. This convenience drives consistent foot traffic and repeat visits throughout the week.
Tenant Reliability & Operational Resilience
Supported by a strong national infrastructure and corporate support, Family Dollar has demonstrated resilience across economic cycles. Its value-based business model allows it to perform well in smaller, income-sensitive markets like McRae. By balancing local merchandise assortment with national sourcing and brand standards, the chain maintains effective operations and lease continuity—worthwhile qualities for long-term landlords.
Strategic Location & Retail Synergy
Typically situated along main roads or in small shopping clusters, Family Dollar locations benefit from both planned and impulse traffic. The McRae store likely serves as a neighborhood anchor, attracting repeat customers and generating spillover visits to nearby tenants. The store’s convenience, visibility, and accessibility enhance both consumer appeal and investor confidence.
Investment Highlights
This Family Dollar in McRae, GA offers a strong net-lease investment: a trusted tenant, demographic fit, value-based retail model, and hands-off landlord structure—ideal for investors seeking stable returns, low management, and portfolio diversification.