SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased Family Dollar located in Schenectady, NY. This exceptional investment is secured by a brand new absolute triple net (NNN) lease with a 5 years remaining on the lease-year term term along with 10% increases in every 5 successive years with six 5-year options remaining.
Family Dollar now operates within a combined network of over 16,000 stores across 48 U.S. states, branded as Family Dollar and Dollar Tree. With $13.8B+ in sales in 2025 and strong corporate guarantee, Family Dollar is considered an investment grade tenant.
Strategically located in Schenectady, this asset is central to other national tenants (Dunkin', Popeyes, Mcdonald's, Denny's, Autozone, Somino's, Mavis Discount Tire, Sherwin Williams, etc.) and is in close proximity to multiple universities (Schenectady County Communit College (4,105+ Students) and Union College (2,065+ Students)). The property benefits from superior visibility, signage and access, with traffic of over 12k vehicles per day. There are over 155,000 residents within a 5-mile radius, with an average household income greater than $99,000.