Family Dollar has completed a $75 million sale-leaseback across 46 properties in 19 states.
An institutional real estate investor acquired the assets in the deal, which was negotiated by JLL Capital Markets and GA Group Real Estate, according to a news release.
Each store will continue to operate following the deal.
Family Dollar separated from its former parent company Dollar General in July 2025. The sale-leaseback is designed to help strengthen Family Dollar’s national platform and accelerate its growth initiatives.
“The ability to secure an institutional buyer of such caliber reflects both the improved operational fundamentals of the Family Dollar business and the strength of the underlying real estate across diverse markets,” reads a news release. “The transaction demonstrates strong investor appetite for strategically located discount retail assets backed by established national operators, particularly when coupled with the geographic diversification that mitigates single-market risk.”
Fiscal 2025 Results
Virginia-based Family Dollar shared its fiscal 2025 results in March, reporting $13 billion in revenue for the year and comparable sales growth of 2.5%.
Since closing underperforming stores and implementing other initiatives in its turnaround efforts, Family Dollar operates more than 7,000 stores in 48 states.
“Over the past year, we’ve taken disciplined actions to strengthen the foundation of Family Dollar, and the progress we’re seeing reflects the focus and commitment of our teams across the organization,” said Duncan MacNaughton, Chairman and CEO, in a statement. “We are focused on simplifying the business, improving execution in our stores and ensuring we are positioned to serve our customers and communities for the long term.”
