Family Dollar Stores, Inc.
Family Dollar Stores, Inc. is one of the largest discount retailers in the United States operating a chain of stores focused primarily on low and middle-class consumers. The company was founded in 1959 and is headquartered in Matthews, North Carolina. Family Dollar retail stores offer a mix of quality products including consumable products, home goods, and apparel for men and women. With over 8,100 stores in 46 states, Family Dollar retail stores allow investors to evaluate the property in metropolitan and rural areas. The standard net lease is 10 years with successive option periods when the rent increases 10% every five years during the options.
Family Dollar has an investment grade Standard and Poor’s bond rating of BBB- and a long-term rating of Baa3.
- Industry: Discount
- Holding Company: Family Dollar Stores, Inc.
- Lease Structure: NN
- S&P Bond Rating: BBB-
- Moody’s Bond Rating: Baa3
- Website: http://www.familydollar.com/