Views: 0 DOM: 101 Updated: 11.28.23 Posted: 09.01.23 Status: Active


Price $1,710,000
Built/Renov 2023
Tenant Family Dollar | Dollar Tree
Cap Rate 6.69%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 10,500
Lease Start 09-30-2023
#Units 8,206
Price/SF $162.86
Expiration 09-30-2033
Tenant Type Dollar/Discount
NOI $114,450
R. Term 9.9
Ownership Fee Simple
Rent/SF $10.90
Increases 0.0%/0/yrs
Pop 5Mi 5,090
Lot/AC 1.18
Options 6/5yrs
AHHI 5Mi $67,791

Lease Highlights

  • Brand-new relocation Family Dollar | Dollar Tree combo store and renovation that includes a new roof and front parking lot
  • Tenant recently executed a brand-new 10-year lease with 6 (5-year) options to extend
  • Lease features $0.50 PSF/Year rental increases at the beginning of each option period
  • Corporate guaranteed lease
  • No state income tax

Location Description

Family Dollar/Dollar Tree is strategically fronting Main Street averaging a daily traffic count of 4,400 vehicles. Its location is conveniently located less than half a mile from I-30 (40,600 VPD), providing direct on/off ramp access for travelers. The subject property offers excellent visibility via significant street frontage and multiple points of access. Additionally, the site is situated...



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  • Tenant: Family Dollar | Dollar Tree
  • Guarantor:Corp T and Rated
  • Company:Dollar Tree, Inc.
  • # Units:8,206
  • Tenant S&P: BBB
  • Moody’s: Baa2
  • Stock:NASDAQ: DLTR

About Tenant

Family Dollar is an American retail, variety discount store chain, with over 8,000 locations in all states except Alaska and Hawaii. The chain operates general merchandise retail discount stores...



  1 Miles 3 Miles 5 Miles
2028 Total Population : 1,832 3,785 5,261
2023 Total Population : 1,800 3,676 5,109
2023 Employed Civilian Pop : 758 1,588 2,311
2023 Total Businesses : 58 95 136
2023 Average Household Income : $ 65,968 $ 66,120 $ 64,705
2023 Total Consumer Spending : $ 43 M $ 88 M $ 121 M
2023 Median Age : 38 40 41
2023 Total Households : 745 1,519 2,124
2023 Pop Age 25+: Bachelor's Degree : 265 424 500
2023 Average Home Value : $ 162,306 $ 200,243 $ 208,216
*ESRI data is presented for informational purposes only


Collection Street Cross Street Year Traffic Vol Distance
Main Street Ave G 2021 3,991 0.11 mi
Main Street Ave B 2020 3,748 0.11 mi
Main Street Wilder Dr 2020 3,807 0.11 mi
E 2nd St E Ave D 2013 233 0.17 mi
East Avenue A W New Boston Rd 2021 6,088 0.23 mi
West Avenue A W 4th St 2021 5,701 0.24 mi
E Ave A E 1st St 2014 6,722 0.25 mi
E 4th St E Ave B 2013 254 0.32 mi
Lacey Dr Wilder Pl 2018 40,586 0.44 mi
TX 121 Main St 2020 33,840 0.45 mi

Listing Broker

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