The subject property is a 10,000 square foot freestanding Family Dollar store located in Laredo, Texas,  the largest inland port in the United States, and known to be the gateway to Mexico. This Family Dollar store is an excellent 1031 exchange opportunity and an attractive option for an investor seeking a quality net-leased deal.  This opportunity includes a 10-year NN  lease guaranteed by Family Dollar, Inc., one of the fastest growing retailers in the country.

Family Dollar operates over 6,500 discount stores in 44 states. Founded in 1959, Family Dollar joined the S&P 500 stock market index in 2001. In 2002, the company joined the Fortune 500 list of largest publicly held companies.

Recently, Family Dollar Stores, Inc. reported a net income of $84.1M for the second quarter, an increase of 32.9% compared to $63.3M for the second quarter of fiscal 2008. Sales for the second quarter of fiscal 2009 were approximately $1.99 billion, or 8.7% higher than the previous year. Comparable store sales increased 6.4% for the second quarter of fiscal 2009. For the first half of fiscal 2009, net income was $143.43M compared to $115.25M  in the same period last year. Net sales were $3.75B vs. $3.5B in the same period of fiscal 2008.

Its robust growth is attributed to today's challenging economic environment where families continue to look for ways to save money. Family Dollar's strategy of providing both value and convenience continues to strongly appeal to all kinds of consumers, resulting to the steady growth of its business.