The following article contains information on Family Dollar new store development criteria and Real Estate Contacts as well as site and building plans.

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Family Dollar logo

Family Dollar logo

Site and Building criteria provided:

  • Building size
  • Building requirements
  • Parking space
  • Visibility
  • Accessibility
  • Location type

Contact Information Provided:

  • Contact Form
  • Email

Contractor Information Provided:

  • Types of contractors used
  • Requirements
  • Project sizes
  • Information to work with Family Dollar

Why You Should Lease to Family Dollar

  1. Family Dollar takes an aggressive approach to opening new store locations, specializing in speedy approval, fast lease completion, timely construction, and a 10-day time span to fully outfit each store. This means that landlords collect rent sooner than most retailers provide.
  2. Family Dollar was established in 1959 and currently operates 8,000+ stores as a sign of its success.
  3. Rent is computerized to arrive at, or prior to, the 10th of each month. Removing any hassle from collecting rent.
  4. Family Dollar carries limited long-term debt, with landlords easily capable of beneficial financing from lenders with it as a tenant.
  5. Family Dollar can lease space and cover all renovations for a reduced rent. This means landlords can save cash without investing or borrowing money to complete a deal.
  6. Most Family Dollars see over 2,000 customers a week, with co-tenants gaining just as much exposure.
  7. Family Dollar offers a wide range of merchandise, meaning it can complement any sort of shopping center’s mix of vendors.
  8. Frequent co-tenants include just about any sort of store or vendor, be it for products or services, that come to mind when considering low-middle income customers.
  9. Family Dollar rarely closes its stores, and landlords with low tenant turnover usually have a high cash flow within its shopping complex.
  10. Family Dollar has strong operating procedures, meaning that landlords can rest easy in the knowledge that any store bearing its name will be run professionally with modern equipment.

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Family Dollar does not franchise stores.  All locations are company owned.

Site Criteria 

  • Conveniently located to value oriented, low to middle income customers
  • Food store anchored neighborhood shopping centers, convenience strip centers, freestanding buildings, or storefront locations
  • Multiple site developers are welcomed for freestanding build-to-suit opportunities
  • Locations must be within our current 46-state operating region

Building Requirements

  • Approximately 7,000 to 10,000 square feet including sales area and stockroom on ground level (minimum of 60′ of frontage)
  • Adequate parking for 25 or more cars
  • Demising walls to roof deck drywall taped, sanded and painted
  • Partial glass storefront
  • Drop ceiling
  • Strip lighting
  • Rear receiving door with paved delivery area
  • Paved dumpster pad
  • Vinyl floor tile
  • Restrooms to code
  • ADA compliant
  • HVAC 1 ton per 400 SF or as required by climate
  • Accommodate standard Family Dollar sign package including Building and Road signs

Demographics:

  • Low to middle income customers
  • Minimum 8,000 people in trade area
  • Trade area
    • Urban: 1 mile
    • Rural Towns: 10 miles

Links:

Real Estate Management Team

Known Real Estate Contacts:

  • Senior Vice President – Real Estate
    • Brad Rogers
  • Divisional Vice President – Real Estate – Eastern Division
    • Gerald Martin

Contractor Information:

Send the completed qualified requirements forms to the construction contact listed for your state in the following PDF:

Requiremtns

  • Size of contractors used: Medium to large.  Most have worked with Family Dollar years.
  • Many new locations  will be in existing neighborhood shopping centers where they renovate an existing space to meet there requirements.  They do also build freestanding stores.
  • They only work directly with general contracts
  • If willing to travel, Family dollar can keep medium to large size contractors busy the majority of the year.
  • They do not bond each project but  do look for contractors that are bondable.  The bonding company must be an A- bonding company.
  • Family Dollar does not advance funds.
  • Project size can range from $40,000 for a minor renovation, up to $800,000 for a ground up project including site work.
  • A written replay within 90 days of receipt of your cendor package is standard.

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