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| Price $1,280,000 | Built/Renov 1981/2023 | Tenant Dollar Tree |
| Cap Rate 7.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
12,000
| Lease Start
02-01-2024
| #Units
16,700
|
| Price/SF $106.67 | Expiration
01-31-2034
| Tenant Type Dollar/Discount |
| NOI $96,000 | R. Term 9.2 | Ownership Fee Simple |
| Rent/SF
$8.00
| Increases 0.0%/5/yrs | Pop 5Mi 5,589 |
| Lot/AC 0.84 | Options 5/5yrs | AHHI 5Mi $94,769 |
| | |
Dollar Tree is strategically located on North Sycamore Street, less than two miles west from the on/off ramps of US Highway 151, a major north-south highway providing regional connectivity with direct access to Cedar Rapids. The property is surrounded by well-known national tenants, including Citizens, USPS, Fresh, and more. Additionally, it is within close proximity to Shannon Elementary,...
...Recent renovation
Build to suit
Dense retail corridor
Near major nationals
Strong tenant synergy
Affluent suburb location
Brand new lease
Traded and rated company
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 : | 3,902 | 4,877 | 5,540 |
| 2023 Total Population : | 3,934 | 4,918 | 5,589 |
| 2023 Employed Civilian Pop : | 2,048 | 2,629 | 3,073 |
| 2023 Total Businesses : | 207 | 264 | 278 |
| 2023 Average Household Income : | $ 91,008 | $ 93,169 | $ 94,769 |
| 2023 Total Consumer Spending : | $ 135 M | $ 172 M | $ 195 M |
| 2023 Median Age : | 44 | 44 | 44 |
| 2023 Total Households : | 1,695 | 2,097 | 2,331 |
| 2023 Pop Age 25+: Bachelor's Degree : | 595 | 773 | 874 |
| 2023 Average Home Value : | $ 165,640 | $ 175,920 | $ 184,735 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| IA 38 | E 2nd St | 2020 | 250 | 0.08 mi |
| IA 38 | S Maple St | 2020 | 1,424 | 0.08 mi |
| North Cedar Street | E 6th St | 2022 | 6,300 | 0.08 mi |
| East 1st Street | N Cedar St | 2022 | 4,610 | 0.09 mi |
| S Main St | 2022 | 6,500 | 0.22 mi | |
| South Main Street | E 1st St | 2022 | 6,500 | 0.27 mi |
| IA 38 | W 5th St | 2020 | 2,408 | 0.28 mi |
| South Main Street | E Washington St | 2022 | 6,500 | 0.31 mi |
| East Oak Street | PkBlvd | 2022 | 3,630 | 0.64 mi |
| East 9th Street | E 9th St | 2022 | 4,250 | 0.74 mi |
Caledonia, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 4.10 yrs
Size/SF 9,301
Anderson, SC
Cap Rate 7.25%
Lease Double NN
R. Term 5.20 yrs
Size/SF 8,320
Livingston, IL
Cap Rate 6.75%
Lease NN+
R. Term 9.30 yrs
Size/SF 9,002
Birmingham, AL
Cap Rate 7.35%
Lease Abs NNN
R. Term 3.20 yrs
Size/SF 9,026
Weidman, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,100
Ellisville, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.40 yrs
Size/SF 9,226
Limestone, ME
Cap Rate 7.50%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 9,167
Bostic, NC
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.90 yrs
Size/SF 9,100
Odessa, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.80 yrs
Size/SF 9,100
Fort Covington, NY
Cap Rate 8.10%
Lease Abs NNN
R. Term 5.10 yrs
Size/SF 9,219
Ripley, OH
Cap Rate 7.25%
Lease Abs NNN
R. Term 9.50 yrs
Size/SF 9,214
Pinola, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.40 yrs
Size/SF 9,139
Avoca, NY
Cap Rate 8.10%
Lease Abs NNN
R. Term 7.30 yrs
Size/SF 9,191
Vinemont, AL
Cap Rate 7.50%
Lease Abs NNN
R. Term 9.70 yrs
Size/SF 9,100
Marion, IN
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.00 yrs
Size/SF 9,100
Riegelwood, NC
Cap Rate 7.75%
Lease Double NN
R. Term 3.10 yrs
Size/SF 9,180
Statesboro, GA
Cap Rate 7.75%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 8,320
Iron River, WI
Cap Rate 7.00%
Lease Abs NNN
R. Term 10.50 yrs
Size/SF 9,100
Radford, VA
Cap Rate 7.50%
Lease Abs NNN
R. Term 5.70 yrs
Size/SF 9,026
Cumberland, KY
Cap Rate 8.50%
Lease Double NN
R. Term 8.30 yrs
Size/SF 11,310
Beaumont, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 4.60 yrs
Size/SF 9,026
Cardington, OH
Cap Rate 7.51%
Lease Double NN
R. Term 10.10 yrs
Size/SF 9,180
Savannah, GA
Cap Rate 8.30%
Lease Double NN
R. Term 1.70 yrs
Size/SF 9,014
Dublin, TX
Cap Rate 7.50%
Lease Double NN
R. Term 6.10 yrs
Size/SF 9,014
Reidsville, NC
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 8,320
Jennings, FL
Cap Rate 8.50%
Lease Abs NNN
R. Term 6.80 yrs
Size/SF 8,320
Woodland, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,026
Nortonville, KY
Cap Rate 7.65%
Lease NN+
R. Term 6.40 yrs
Size/SF 9,180
Rustburg, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.30 yrs
Size/SF 9,100
Phenix City, AL
Cap Rate 7.65%
Lease Abs NNN
R. Term 5.80 yrs
Size/SF 9,100
Harrisville, PA
Cap Rate 7.26%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 9,028
Sligo, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.20 yrs
Size/SF 9,100
Bitely, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 10,640
Spring Church, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.10 yrs
Size/SF 9,100
Burkesville, KY
Cap Rate 6.70%
Lease Double NN
R. Term 2.20 yrs
Size/SF 12,000
Mendenhall, MS
Cap Rate 7.35%
Lease Abs NNN
R. Term 11.10 yrs
Size/SF 9,237
Mount Carmel, IL
Cap Rate 8.00%
Lease Double NN
R. Term 8.11 yrs
Size/SF 20,000
Falls Creek, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 10,640
Josephine, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.50 yrs
Size/SF 10,640
Jasper, TX
Cap Rate 6.75%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 9,230
Beaumont, TX
Cap Rate 8.25%
Lease NN+
R. Term 6.40 yrs
Size/SF 10,500
Bingham, ME
Cap Rate 7.50%
Lease Abs NNN
R. Term 8.11 yrs
Size/SF 9,100
Waynesburg, PA
Cap Rate 7.75%
Lease Abs NNN
R. Term 8.80 yrs
Size/SF 9,100
Grayson, KY
Cap Rate 7.50%
Lease Double NN
R. Term 4.11 yrs
Size/SF 9,190
Strongstown, PA
Cap Rate 7.09%
Lease Abs NNN
R. Term 6.90 yrs
Size/SF 9,100
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
