Purchase Price | $1,290,000 |
---|---|
Annual Rental Income | $116,100 |
Cap Rate | 9% |
Lease Term | 7 Years |
City | Clarksdale |
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Family Dollar – Clarksdale, MS
This offering features a Family Dollar property located in Clarksdale, Mississippi, secured by a long-term net lease with one of the nation’s most recognized discount retailers. The tenant provides essential goods to a value-conscious customer base, making it a recession-resistant and reliable performer in secondary and rural markets.
Tenant Profile
Family Dollar, a subsidiary of Dollar Tree Inc., operates more than 8,000 locations nationwide. The brand is known for delivering essential merchandise at low prices across underserved communities. Inventory includes grocery items, cleaning supplies, paper goods, health and beauty products, apparel basics, toys, seasonal goods, and household necessities—meeting everyday needs for families and fixed-income shoppers alike.
Lease Overview
The asset operates under a net lease, typically structured as NN or NNN, where the tenant is responsible for taxes, insurance, and in some cases, maintenance. This creates a low-management investment with predictable, passive income and strong lease stability backed by corporate credit.
Location Overview – Clarksdale, MS
Clarksdale is the county seat of Coahoma County and serves as a regional center for commerce, education, and healthcare in northwest Mississippi. The city is known for its cultural heritage and historic downtown, while its economy is supported by agriculture, education, manufacturing, and tourism. This Family Dollar location benefits from steady local traffic and minimal nearby competition in the discount retail segment.
Demographics & Market Fit
The Clarksdale area has a population of approximately 15,000 residents, with a broader trade area encompassing multiple rural communities. Median household income in the area is below the national average, with a significant portion of the population on fixed or limited incomes. This economic profile aligns directly with Family Dollar’s customer base, which thrives in markets where affordability and convenience are primary drivers of consumer behavior.
Consumer Relevance
Family Dollar plays a critical role in providing affordable access to daily necessities for residents of Clarksdale and the surrounding area. The store serves a wide range of shoppers—from families and seniors to local workers—offering dependable value and a practical alternative to larger retail formats. Its presence in the community creates consistent traffic and supports strong in-place performance.
Investment Highlights