| 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 9.8 | 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 the leading operator of discount variety stores offering merchandise predominantly at the fixed price of $1.25. Founded in 1953, by K.R. Perry, the chain originated...
| 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 |
Sulphur Springs, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.60 yrs
Size/SF 9,242
Anderson, SC
Cap Rate 7.25%
Lease Double NN
R. Term 5.20 yrs
Size/SF 8,320
Josephine, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.00 yrs
Size/SF 10,640
Cardington, OH
Cap Rate 7.51%
Lease Double NN
R. Term 10.60 yrs
Size/SF 9,180
Thomasville, NC
Cap Rate 7.00%
Lease NN+
R. Term 6.90 yrs
Size/SF 10,098
Ripley, OH
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 9,214
Riegelwood, NC
Cap Rate 7.50%
Lease Double NN
R. Term 3.80 yrs
Size/SF 9,180
Cumberland, KY
Cap Rate 8.25%
Lease Double NN
R. Term 8.80 yrs
Size/SF 11,310
Covington, OK
Cap Rate 6.70%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 9,023
Little Chute, WI
Cap Rate 7.35%
Lease NN+
R. Term 4.10 yrs
Size/SF 9,525
New Florence, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 10,640
Dublin, TX
Cap Rate 7.25%
Lease Double NN
R. Term 7.40 yrs
Size/SF 9,014
Ellisville, MS
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,226
Odessa, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 8.10 yrs
Size/SF 9,100
Yadkinville, NC
Cap Rate 7.00%
Lease NN+
R. Term 6.00 yrs
Size/SF 9,077
Pickens, MS
Cap Rate 7.00%
Lease Abs NNN
R. Term 10.60 yrs
Size/SF 9,232
Moapa Valley, NV
Cap Rate 7.45%
Lease NN+
R. Term 8.10 yrs
Size/SF 8,000
Fox Lake, WI
Cap Rate 6.80%
Lease Abs NNN
R. Term 9.80 yrs
Size/SF 7,529
Benton Harbor, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 10,681
Woodland, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,026
Memphis, TN
Cap Rate 7.50%
Lease Double NN
R. Term 2.11 yrs
Size/SF 10,125
Robbins, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 12.60 yrs
Size/SF 10,566
Fort Covington, NY
Cap Rate 7.75%
Lease Abs NNN
R. Term 6.30 yrs
Size/SF 9,219
Pinola, MS
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.90 yrs
Size/SF 9,139
South Haven, MI
Cap Rate 7.05%
Lease Abs NNN
R. Term 13.20 yrs
Size/SF 10,616
Bemidji, MN
Cap Rate 6.80%
Lease Abs NNN
R. Term 12.90 yrs
Size/SF 10,566
Burkesville, KY
Cap Rate 6.70%
Lease Double NN
R. Term 2.80 yrs
Size/SF 12,000
Sligo, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 12.80 yrs
Size/SF 9,100
Savannah, GA
Cap Rate 8.25%
Lease Double NN
R. Term 2.20 yrs
Size/SF 9,014
Strongstown, PA
Cap Rate 7.09%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 9,100
Falls Creek, PA
Cap Rate 7.25%
Lease Abs NNN
R. Term 13.60 yrs
Size/SF 10,640
McAlisterville, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.60 yrs
Size/SF 9,100
Deer River, MN
Cap Rate 7.50%
Lease Abs NNN
R. Term 8.60 yrs
Size/SF 9,100
Toms Brook, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.00 yrs
Size/SF 9,026
Rustburg, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 8.70 yrs
Size/SF 9,100
Shuqualak, MS
Cap Rate 7.25%
Lease Abs NNN
R. Term 10.20 yrs
Size/SF 9,090
Chinquapin, NC
Cap Rate 7.25%
Lease Abs NNN
R. Term 6.50 yrs
Size/SF 8,320
Spring Church, PA
Cap Rate 7.10%
Lease Abs NNN
R. Term 7.80 yrs
Size/SF 9,100
Radford, VA
Cap Rate 7.10%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 9,026
Richton, MS
Cap Rate 7.25%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 9,244
Mendenhall, MS
Cap Rate 7.00%
Lease Abs NNN
R. Term 11.60 yrs
Size/SF 9,237
Columbiaville, MI
Cap Rate 7.00%
Lease Abs NNN
R. Term 9.60 yrs
Size/SF 9,026
Bossier City, LA
Cap Rate 7.15%
Lease NN+
R. Term 6.10 yrs
Size/SF 9,180
Louisville, KY
Cap Rate 7.00%
Lease Double NN
R. Term 7.90 yrs
Size/SF 8,025
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
