| Price $3,713,422 | Built/Renov 2023 | Tenant Dollar Tree |
| Cap Rate 6.75% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
11,200
| Lease Start
11-01-2023
| #Units
16,700
|
| Price/SF $331.56 | Expiration
11-30-2033
| Tenant Type Dollar/Discount |
| NOI $250,656 | R. Term 9.6 | Ownership Fee Simple |
| Rent/SF
$22.38
| Increases 2.0%/9/yrs | Pop 5Mi 280,319 |
| Lot/AC 1.26 | Options 5/5yrs/2% | AHHI 5Mi $94,336 |
| | |
Dollar Tree is strategically located at the signalized, hard corner intersection of Davis Blvd and 26 Blvd, with access to a substantial combined daily traffic count of 51,500 vehicles. The property is surrounded by well-known national tenants, including Whataburger, Public Storage, Red Lobster, Mattress Firm, Subway, and more. Additionally, several car dealerships are in the vicinity,...
...Signalized intersection
Roof guarantee
High traffic 50M+ VPD
Freeway visibility
Top 100 MSA
Strong demographics
Income tax free state
Favorable NN+ lease
Traded and rated company
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 : | 12,901 | 108,195 | 281,970 |
| 2023 Total Population : | 12,486 | 107,934 | 282,483 |
| 2023 Employed Civilian Pop : | 6,999 | 57,836 | 150,204 |
| 2023 Total Businesses : | 756 | 4,835 | 10,429 |
| 2023 Average Household Income : | $ 76,628 | $ 92,826 | $ 101,140 |
| 2023 Total Consumer Spending : | $ 327 M | $ 3432 M | $ 9433 M |
| 2023 Median Age : | 36 | 40 | 38 |
| 2023 Total Households : | 4,889 | 42,651 | 107,914 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,543 | 17,047 | 47,707 |
| 2023 Average Home Value : | $ 272,392 | $ 296,593 | $ 320,456 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Boulevard 26 | Ash St | 2022 | 21,218 | 0.06 mi |
| Davis Boulevard | Blvd 26 | 2022 | 5,063 | 0.08 mi |
| Bedford Euless Rd | Booth Calloway Dr | 2009 | 11,650 | 0.09 mi |
| Birchwood Dr | 2022 | 22,542 | 0.09 mi | |
| Davis Boulevard | Blvd 26 | 2022 | 5,908 | 0.09 mi |
| Blvd 26 | Davis Blvd | 2010 | 22,369 | 0.14 mi |
| Blvd 26 | Davis Blvd | 2000 | 22,000 | 0.14 mi |
| E Loop 820 N | Blvd 26 | 2009 | 8,989 | 0.16 mi |
| Davis Blvd | Birchwood Dr | 2012 | 41,000 | 0.19 mi |
| I- 820 | Blvd 26 | 2004 | 156,000 | 0.20 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
