Family Dollar Dollar Tree | Butler, KY 215 Lock Road
Butler, KY 41006
For Sale
10,500 sqft
Sale Price
$1,694,000
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CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT The lease is corporately guaranteed by Family Dollar Stores, LLC. Family Dollar’s parent company, Dollar Tree, Inc., is publicly traded on NASDAQ under the ticker “DLTR” and carries an S&P investment grade credit rating of BBB.
RELOCATION STORE + UPGRADED CONSTRUCTION This site is a relocation store for Family Dollar/Dollar Tree, a sign of their history of success in this market. Additionally, it is the upgraded “Traditional” store prototype, opposed to the “Rural” prototype typically seen for the combo stores, complete with upgraded construction and finishes.
DOUBLE NET (NN) LEASE The subject property operates under a 10-year Double Net (NN) lease, resulting in minimal landlord responsibilities. Tenant is responsible for payment of taxes, property insurance, utilities, and most repairs & maintenance at the site. Landlord’s responsibilities are limited to liability insurance and repair and maintenance of the fire sprinkler system, roof, structure, & parking areas.
PREMIER DOLLAR STORE BRAND Dollar Tree, Inc. is an American multi-price-point discount retailer headquartered in Chesapeake, VA that operates both the Dollar Tree and Family Dollar brands. It is a nationally recognized retailer, operating over 16,300+ stores in the United States and Canada, which are supported by a network of 24 distribution centers. In 2014, Dollar Tree acquired Family Dollar for $8.5 billion.
Get in touch
Tony Anderson
Lic: 01936642
TA
Richard Brehaut
Lic: 01934760
RB
Kent Presson
Lic: 02076597
KP
Robert Schwartz
Scott Budzenski
Lic: 01989360
SB
FAMILY DOLLAR | DOLLAR TREE COMBO STORE
This is a Family Dollar/Dollar Tree dual concept store, which enables shoppers access to both the low-priced everyday items from Family Dollar as well as the rotating/seasonal $1 offerings of Dollar tree. This concept has been very successful, with approximately 1,200 combo stores opened as of 2025. Overall, the dual concept stores are reporting 20% more same store sales compared to standalone Family Dollar stores.
This is a Family Dollar/Dollar Tree dual concept store, which enables shoppers access to both the low-priced everyday items from Family Dollar as well as the rotating/seasonal $1 offerings of Dollar tree. This concept has been very successful, with approximately 1,200 combo stores opened as of 2025. Overall, the dual concept stores are reporting 20% more same store sales compared to standalone Family Dollar stores.
STRATEGIC LOCATION
The subject property benefits from its location positioned with frontage on US Highway 27, the main thoroughfare going through the city of Butler. It also benefits from being within close proximity to other national retailers and prominent locations including Heritage Bank, Northern Elementary School, and Butler City Park.
The subject property benefits from its location positioned with frontage on US Highway 27, the main thoroughfare going through the city of Butler. It also benefits from being within close proximity to other national retailers and prominent locations including Heritage Bank, Northern Elementary School, and Butler City Park.
Total Space Available
10,500 sqft
Sale Price
$1,694,000
Get in touch
Tony Anderson
Lic: 01936642
TA
Richard Brehaut
Lic: 01934760
RB
Kent Presson
Lic: 02076597
KP
Robert Schwartz
Scott Budzenski
Lic: 01989360
SB