INVESTMENT OFFERING

SAB Capital is pleased to present the exclusive offering of a single-tenant, net-leased Family Dollar located in Newport News, VA. This exceptional investment is secured by an absolute triple net (NNN) lease with over 6 years of remaining term along with 10% increases in 2027 and every 5 successvie years with six 5-year options.

Family Dollar now operates within a combined network of over 13,600 stores across 48 U.S. states and five Canadian provinces under the Dollar Tree and Family Dollar banners. With $17.6B in sales in 2024 and a BBB credit rating from S&P and a Baa2 rating from Moody’s, Dollar Tree is considered an investment grade tenant.

Strategically located in Newport News, the property benefits from superior visibility, signage and access with traffic counts exceeding 10,500 vehicles per day. The nearby surrounding retail space includes national tenants such as McDonald’s, Burger King, Dunkin’, Wendy’s, Hardee’s, LongHorn Steakhouse, Cava, and many others.

With its strong real estate fundamentals, triple-net lease structure, corporate guarantee and premier location, this offering truly represents a passive, low-risk opportunity.

• 6.5+ Years Remaining | Corporate Guaranteed Lease
  Family Dollar has over 6.5-Years of lease term on a 15-Year lease with six (6) 5-year extension options
  The lease is corporate signed from Family Dollar Stores, Inc.
  The lease includes 10% rent increases in Year 11, and 10% in each option thereafter
• Absolute NNN Lease Structure | Zero Landlord Responsibilities
  Tenant pays for Taxes, Insurance, CAM, and maintains all aspects of the building including roof, structure, and parking lot
  Zero Landlord Responsibilities
  Ideal Management Free Asset for a Passive Investor
• High Performing Location | Top 13% of Stores Throughout the State of Virginia
  Family Dollar experiences over 150,000 annual visits, and is the 5th most visited store within a 15-mile radius
  This store ranks in the top 78th percentile of Family Dollars nationwide, and top 87th percentile of Family Dollars throughout Virginia
  One of Family Dollar’s top performing locations throughout the entire country
• Prime Outparcel Location to Brooks Crossing | $18.3M Mixed Use Development
  Brooks Crossing is a mixed-use development anchored by a Piggly Wiggly Grocery Store, an features state of the art facilities for STEM Labs, Training Centers, Office Spaces, and Amenities
  The Town of Newport News invested over $18.3 Million into the project in order the revitalize the Southeast community
  Family Dollar sits on the entrance to the 100,000+ SF development, and experiences over 10,500+ Vehicles Per Day along Jefferson Avenue