Marcus & Millichap of St. Louis is pleased to present the Family Dollar opportunity in Princess Anne, MD to your clients and prospects. This property was built in 2016 and signed a rare 16 year term w/ six (5-yr) options and 10% rent increases every 5 years. This is a true Absolute NNN Lease with ZERO Landlord responsibilities. The Family Dollar is located on Mount Vernon Rd, which is the main intersection along US Hwy 13 (Ocean Hwy) with a daily traffic count of +/- 26,000. The town of Princess Anne lies in Somerset County, which is a popular destination for history buffs due to 300 +/- structures in the National Register of Historic Places database. The county is surrounded by over 600 miles of shoreline along Chesapeake Bay, making it a wonderful departure form the major metros (DC, Baltimore, Philadelphia) to enjoy fishing, boating, and hunting. This is an excellent opportunity to acquire a well-located, absolute net leased property with a credit-rated company (NASDAQ: DLTR). The next rental increase is April 1, 2027 and presents the new owner with an average yield of 7.17% at the given price thru 3/31/2032. There are no Landlord responsibilities throughout the Term of the Lease, making it the most passive type of investment out there. Additional points to consider when discussing with clients: 1) This is the ONLY Family Dollar in Princess Anne, MD trade market. The closest store is 12+ miles to the North and 16+ miles to the South. 2) The FD is newer (2016), larger (8,400 sqft), and has more property (0.81 acres) than the Dollar Tree across the street. 3) This is 1 of only 2 Family Dollars on the market w/ Absolute NNN Lease and 7.5+ yrs of Term remaining. However, it’s the only East Coast location.