| Purchase Price | $1,450,000 |
|---|---|
| Annual Rental Income | $130,500 |
| Cap Rate | 9% |
| Lease Term | 6 Years |
| City | Quitman |
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Family Dollar – Quitman, GA
This property is leased to Family Dollar, a national value-driven discount retailer operating over 8,000 locations across the United States. Positioned as a convenient everyday-essentials destination, the chain offers a broad assortment of affordable products. When combined with a long-term net lease, this asset delivers passive income, low landlord involvement, and the security of a reputable retail brand.
Retail Model & Merchandise Mix
Family Dollar stocks essential everyday items such as grocery staples, cleaning and household supplies, health and beauty products, baby-care items, seasonal and holiday décor, party supplies, small apparel accessories, school essentials, toys, and pet products. Its simple, low-cost store model promotes efficient operations, straightforward pricing, and frequent shopper visits—especially among budget-conscious consumers.
Net-Lease Structure
This location operates under a long-term net lease—typically triple-net (NNN) or double-net (NN)—where Family Dollar assumes full responsibility for property taxes, insurance, and maintenance. This arrangement offers landlords predictable, passive revenue and minimal oversight. Net leases with national credit tenants like Family Dollar are highly valued for their long-term stability and low management burden.
Quitman, GA Market & Demographic Overview
Quitman is the county seat of Brooks County, a small regional hub with a city population of approximately 3,000 and a surrounding trade area extending to around 10,000 residents in nearby rural communities. The local economy includes agriculture, small manufacturing, retail, healthcare, and education.
Median household income in the Quitman region typically ranges in the mid‑$30,000s. The community is composed of families, retirees on fixed incomes, blue-collar and service-sector workers, and local students. These modest income levels make affordable retail offerings a necessity—precisely the segment that Family Dollar serves with its value-first format.
Community Role & Shopper Appeal
Family Dollar provides essential convenience for Quitman residents by offering affordable access to everyday goods. Its clear pricing and compact store size make it easy to shop for daily needs, encouraging repeat visits. Families, seniors, local workers, and students rely on the store for staple products, making it a consistent retail destination in the community.
Tenant Strength & Operational Reliability
Family Dollar is backed by a strong national infrastructure and brand presence. Its discount-focused retail model has demonstrated resilience in smaller, income-sensitive markets like Quitman. Through consistent store standards and regional stock adjustments, the chain maintains both brand familiarity and local relevance—supporting strong lease performance and tenant commitment.
Strategic Placement & Synergy
Typically located along main roads or within neighborhood retail clusters, Family Dollar stores appeal to both planned and impulse shoppers. In Quitman, this store likely functions as a neighborhood anchor, drawing regular shoppers who may also visit neighboring businesses—enhancing area foot traffic and contributing to community retail cohesion.
Investment Highlights
This Family Dollar in Quitman, GA represents a strong net‑lease investment: financial stability from a national tenant, demographic alignment to the brand’s model, recession-resistant retail operations, and a passive landlord role.