| Price $2,697,687 | Built/Renov 2002 | Tenant Dollar Tree |
| Cap Rate 6.70% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
15,717
| Lease Start
10-19-2023
| #Units
8,134
|
| Price/SF $171.64 | Expiration
10-18-2033
| Tenant Type Dollar/Discount |
| NOI $180,745 | R. Term 9.5 | Ownership Fee Simple |
| Rent/SF
$11.50
| Increases 0.0%/10/yrs | Pop 5Mi 449,479 |
| Lot/AC 1.21 | Options 3/5yrs | AHHI 5Mi $82,719 |
| | |
Dollar Tree is positioned at the signalized, hard corner intersection of Western Avenue and 111th Street with access to 27,900 vehicles per day. The site benefits from its proximity to Interstate 57, a north-south highway, with 145,000 VPD. Neighboring national/credit tenants include Fairplay Foods, NAPA Auto Parts, Meineke, PNC Bank, USPS, Buona Beef, UHaul, and several others. Over 449,470...
...Signalized intersection
Hard corner intersection
Major thoroughfare
Highway close
Dense 200M+ pop 5 mi
Top 100 MSA
Brand new lease
Long 10+ yr lease
Traded and rated company
Investment grade tenant
Dollar Tree (NASDAQ: DLTR) ranked 137 on the Fortune 500 list, is a leading operator of discount variety stores. The company is the leading operator of discount variety stores offering merchandise...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 19,401 | 174,196 | 438,677 |
| 2023 Total Population : | 19,861 | 178,519 | 449,479 |
| 2023 Employed Civilian Pop : | 10,206 | 81,914 | 195,748 |
| 2023 Total Businesses : | 518 | 4,073 | 9,890 |
| 2023 Average Household Income : | $ 122,642 | $ 95,324 | $ 82,719 |
| 2023 Total Consumer Spending : | $ 825 M | $ 5657 M | $ 12331 M |
| 2023 Median Age : | 43 | 40 | 39 |
| 2023 Total Households : | 7,914 | 69,126 | 172,506 |
| 2023 Pop Age 25+: Bachelor's Degree : | 3,747 | 24,247 | 51,364 |
| 2023 Average Home Value : | $ 354,050 | $ 263,860 | $ 240,390 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West 111th Street | S Artesian Ave | 2018 | 14,300 | 0.10 mi |
| W 109th St | S Oakley Ave | 2014 | 1,300 | 0.21 mi |
| W 109th St | S Maplewood Ave | 2018 | 725 | 0.26 mi |
| S Western Ave | W 112th St | 2014 | 7,450 | 0.26 mi |
| West 111th Street | S Rockwell St | 2018 | 14,300 | 0.27 mi |
| West 109th Street | S Hoyne Ave | 2022 | 1,250 | 0.29 mi |
| West 111th Street | S Hale Ave | 2022 | 19,800 | 0.40 mi |
| West 113th Street | S Maplewood Ave | 2022 | 725 | 0.41 mi |
| West 107th Street | W 107th St | 2018 | 7,100 | 0.42 mi |
| W 107th St | Alley | 2014 | 2,900 | 0.43 mi |
Orlando, FL
Cap Rate 5.75%
Lease Double NN
R. Term 6.30 yrs
Size/SF 14,511
Henderson, NY
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 12,663
West Seneca, NY
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,542
Norwood, NC
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 12,480
Smartsville, CA
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 10,640
Canton, NC
Cap Rate 6.60%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,687
Hamden, CT
Cap Rate 6.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 10,640
Lancaster, CA
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,640
Rice, TX
Cap Rate 6.35%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 12,768
Springfield, OR
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.50 yrs
Size/SF 10,640
Vernon, FL
Cap Rate 6.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 12,687
Philadelphia, PA
Cap Rate 6.85%
Lease Abs NNN
R. Term 6.50 yrs
Size/SF 9,026
Taft, CA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 10,640
Crosby, MN
Cap Rate 7.50%
Lease Double NN
R. Term 9.20 yrs
Size/SF 20,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
