FAMILY DOLLAR

INVESTMENT HIGHLIGHTS

• Rare 10-Year Lease Renewal – Family Dollar recently renewed its lease for 10 years and 10 months demonstrating further commitment to this specific site. 10-year lease renewals are quite rare in the Family Dollar space.
• Strong Demographics – 139,000+ residents live in a 5-mile radius of the subject property serving as a great customer base for Family Dollar. Additionally, the surrounding population is far above the national average for dollar stores.
• Excellent Location – Just under 2 miles from downtown Chattanooga, the 4th largest city in Tennessee, the subject property and tenant are poised to benefit from the residual effects of the economic growth occurring in the area.
• High Traffic Counts – The subject property is located just off Interstate 24 which sees over 120,000 vehicles per day. Spanning across Illinois, Kentucky, Tennessee, and Georgia, the interstate has facilitated rapid suburban growth due to the high volume of traffic.
• Dense Retail Corridor – East 23rd Street serves as a bustling retail corridor with a plethora of regional and national name-brand tenants that drive traffic in the area. Surrounding tenants include Burger King, O’Reilly Auto Parts, Bojangles, Waffle House, Napa
  Auto Parts, Subway, Captain D’s, and Sherwin Williams.