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| Price $1,087,000 | Built/Renov 2016 | Tenant Dollar Tree |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
8,320
| Lease Start
04-07-2016
| #Units
16,700
|
| Price/SF $130.65 | Expiration
09-30-2031
| Tenant Type Dollar/Discount |
| NOI $67,946 | R. Term 6.9 | Ownership Fee Simple |
| Rent/SF
$8.17
| Increases 10.0%/4/yrs | Pop 5Mi 26,573 |
| Lot/AC 0.97 | Options 6/5yrs/10% | AHHI 5Mi $71,825 |
| | |
Dollar Tree is strategically located along Main St., within close proximity to Interstate 49 which sees in excess of 45,000 vehicles passing by daily. The property is surrounded by many national tenants including Walmart, Lowes, Amazon, IHOP and more, creating a strong drive to the trade area and promoting crossover traffic to the site. Additionally, it is within close proximity to numerous...
...Strategically located
Major MSA
Absolute NNN
Limited competition
Traded and rated company
Over 2000 units backed
Corporate Guarantee
Investment grade tenant
Dollar Tree (NASDAQ: DLTR) is a leading operator of retail discount stores. They offer a variety of discounted merchandise under the brand names of Dollar Tree, Family Dollar and Dollar Tree...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,028 | 7,777 | 28,703 |
| 2023 Total Population : | 987 | 7,607 | 28,069 |
| 2023 Employed Civilian Pop : | 421 | 3,622 | 13,199 |
| 2023 Total Businesses : | 19 | 106 | 589 |
| 2023 Average Household Income : | $ 75,855 | $ 89,339 | $ 78,044 |
| 2023 Total Consumer Spending : | $ 24 M | $ 221 M | $ 717 M |
| 2023 Median Age : | 37 | 37 | 37 |
| 2023 Total Households : | 373 | 2,851 | 10,498 |
| 2023 Pop Age 25+: Bachelor's Degree : | 62 | 870 | 2,784 |
| 2023 Average Home Value : | $ 120,948 | $ 183,652 | $ 211,021 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Main St | 2022 | 516 | 0.04 mi | |
| Roger St | 2022 | 275 | 0.55 mi | |
| Roger St | 2022 | 117 | 0.55 mi | |
| LA 93 | Lydia | 2021 | 4,165 | 0.59 mi |
| State Rte 93 | 2022 | 254 | 0.75 mi | |
| State Rte 93 | 2022 | 648 | 0.85 mi | |
| Main St | 2022 | 180 | 0.89 mi | |
| State Rte 93 | 2022 | 463 | 0.93 mi | |
| Meche Ln | 2022 | 189 | 0.98 mi | |
| Billeaux Road | Dugas Ln | 2022 | 469 | 1.14 mi |
Lonoke, AR
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 9,014
Louisville, KY
Cap Rate 7.25%
Lease Double NN
R. Term 7.20 yrs
Size/SF 8,025
Germantown, IL
Cap Rate 6.85%
Lease Double NN
R. Term 5.00 yrs
Size/SF 9,014
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
