Family Dollar | Mobile MSA 13516 Choctaw Ave Local commercial 975 m² À vendre Gilbertown, AL 36908 1 155 734 € (1 184,78 €/m²) Taux de capitalisation 9 %

MOBILE MSA – REGIONAL ECONOMIC HUB ALONG THE GULF COAST
• The subject property is located within the Mobile, Alabama MSA, which has a population of approximately 412,000 residents and serves as a primary economic center for south Alabama and the central Gulf Coast.
• Mobile’s economy is supported by a diverse employment base including healthcare, manufacturing, retail, logistics, aerospace, and shipbuilding, with more than 180,000 employees across the region.
• Mobile County’s economy generated approximately $23.2 billion in GDP in 2023, representing 5.1% annual growth and accounting for 17% of Alabama’s statewide GDP growth.
• The Port of Mobile, Alabama’s only deep-water port, ranks among the largest ports in the United States by tonnage, handling more than 64 million tons of cargo annually and supporting regional trade and logistics activity.
STRATEGIC RETAIL LOCATION ON HIGHWAY 17 | GILBERTOWN, AL
• This Family Dollar is located on Alabama State Route 17 (Choctaw Avenue), a primary north-south corridor serving Gilbertown and surrounding communities in Choctaw County.
• The property benefits from strong visibility and convenient access and serves as a key discount retail provider within the local trade area.
• The store provides essential goods and everyday necessities to residents in Gilbertown and the surrounding rural communities, supporting consistent consumer demand.
CORPORATE-GUARANTEED LEASE WITH 7 YEARS REMAINING
• The property is leased to Family Dollar Stores under a long-term retail lease with approximately 7 years remaining in the initial term.
• The lease includes five (5), five-year renewal options, allowing the tenant the ability to extend occupancy through the long term.
• The rent increases by $0.50 per square-foot every 5 years in each option period.
• Tenant is responsible for taxes, insurance, utilities, trash, HVAC maintenance and replacement, sign maintenance, routine parking lot maintenance, and landscaping, while landlord is responsible for the roof, structure, and parking lot.
NATIONALLY RECOGNIZED TENANT WITH OVER 7,000 LOCATIONS
• Family Dollar is a private, standalone entity following its strategic 2025 divestiture from Dollar Tree, Inc. The brand now operates with the institutional backing of Brigade Capital Management and Macellum Capital Management, focusing exclusively on its high-growth “small-box” retail model.
• The company operates a massive national network of 7,625 locations across 48 states and the District of Columbia, serving as a vital provider of essential goods in urban and rural markets where larger competitors have a limited footprint.
• With 67 years of operational history and 2024 net sales of $13.3 billion, Family Dollar remains a recession-resilient tenant. Its mission-critical retail model drives consistent consumer demand and predictable cash flow for property owners.