Your portfolio will be comprised of numerous properties across the U.S. and will be growing over time as more REIT shares are sold and more properties are acquired. Our REIT's first property is highlighted below.
This property is a Family Dollar located in Fort Worth, Texas. The building was newly constructed for Family Dollar in 2011, and Family Dollar has operated continuously at this location since then.
Our real estate rating system which scores four aspects of a property.
Family Dollar recently renewed its lease for 5 more years, indicating that it is satisfied with this location. Family Dollar has several more 5-year renewal options.
Family Dollar is a subsidiary of Dollar Tree. Dollar Tree has Investment Grade-rated financial credit and trades publicly under the ticker DLTR.
Fort Worth's population has increased 70% over the last 20 years1. Also, Fort Worth has placed limits on the development of new dollar stores, making existing dollar store locations more valuable to dollar store operators such as Family Dollar2.
New local law limiting new dollar stores may increase the likelihood that this Family Dollar will further extend its lease beyond 2026.