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| Price $2,697,687 | Built/Renov 2002 | Tenant Dollar Tree |
| Cap Rate 6.70% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
15,717
| Lease Start
10-19-2023
| #Units
16,700
|
| Price/SF $171.64 | Expiration
10-18-2033
| Tenant Type Dollar/Discount |
| NOI $180,745 | R. Term 8.5 | Ownership Fee Simple |
| Rent/SF
$11.50
| Increases 0.0%/10/yrs | Pop 5Mi 449,479 |
| Lot/AC 1.21 | Options 3/5yrs | AHHI 5Mi $82,719 |
| | |
Dollar Tree is positioned at the signalized, hard corner intersection of Western Avenue and 111th Street with access to 27,900 vehicles per day. The site benefits from its proximity to Interstate 57, a north-south highway, with 145,000 VPD. Neighboring national/credit tenants include Fairplay Foods, NAPA Auto Parts, Meineke, PNC Bank, USPS, Buona Beef, UHaul, and several others. Over 449,470...
...Signalized intersection
Hard corner intersection
Major thoroughfare
Highway close
Dense 200M+ pop 5 mi
Top 100 MSA
Brand new lease
Long 10+ yr 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 : | 19,401 | 174,196 | 438,677 |
| 2023 Total Population : | 19,861 | 178,519 | 449,479 |
| 2023 Employed Civilian Pop : | 10,206 | 81,914 | 195,748 |
| 2023 Total Businesses : | 518 | 4,073 | 9,890 |
| 2023 Average Household Income : | $ 122,642 | $ 95,324 | $ 82,719 |
| 2023 Total Consumer Spending : | $ 825 M | $ 5657 M | $ 12331 M |
| 2023 Median Age : | 43 | 40 | 39 |
| 2023 Total Households : | 7,914 | 69,126 | 172,506 |
| 2023 Pop Age 25+: Bachelor's Degree : | 3,747 | 24,247 | 51,364 |
| 2023 Average Home Value : | $ 354,050 | $ 263,860 | $ 240,390 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West 111th Street | S Artesian Ave | 2018 | 14,300 | 0.10 mi |
| W 109th St | S Oakley Ave | 2014 | 1,300 | 0.21 mi |
| W 109th St | S Maplewood Ave | 2018 | 725 | 0.26 mi |
| S Western Ave | W 112th St | 2014 | 7,450 | 0.26 mi |
| West 111th Street | S Rockwell St | 2018 | 14,300 | 0.27 mi |
| West 109th Street | S Hoyne Ave | 2022 | 1,250 | 0.29 mi |
| West 111th Street | S Hale Ave | 2022 | 19,800 | 0.40 mi |
| West 113th Street | S Maplewood Ave | 2022 | 725 | 0.41 mi |
| West 107th Street | W 107th St | 2018 | 7,100 | 0.42 mi |
| W 107th St | Alley | 2014 | 2,900 | 0.43 mi |
Laredo, TX
Cap Rate 7.15%
Lease Double NN
R. Term 9.10 yrs
Size/SF 10,000
Pilot Mountain, NC
Cap Rate 6.75%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,480
Taft, CA
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 10,640
Enfield, CT
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 10,640
Orlando, FL
Cap Rate 5.75%
Lease Double NN
R. Term 6.30 yrs
Size/SF 14,511
Morehead City, NC
Cap Rate 6.75%
Lease Double NN
R. Term 10.30 yrs
Size/SF 13,813
Hamden, CT
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 10,640
Lancaster, CA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 10,640
Mocksville, NC
Cap Rate 6.60%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 10,640
Vernon, FL
Cap Rate 6.00%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 12,687
Cross City, FL
Cap Rate 6.40%
Lease Abs NNN
R. Term 14.70 yrs
Size/SF 12,480
Dandridge, TN
Cap Rate 6.70%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 12,764
Yoncalla, OR
Cap Rate 6.60%
Lease Abs NNN
R. Term 14.40 yrs
Size/SF 10,910
Sierra Vista, AZ
Cap Rate 6.25%
Lease Abs NNN
R. Term 14.30 yrs
Size/SF 10,566
Venice, FL
Cap Rate 6.75%
Lease Abs NNN
R. Term 10.30 yrs
Size/SF 12,900
Albany, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 12,480
Wilmington, DE
Cap Rate 7.25%
Lease Abs NNN
R. Term 5.60 yrs
Size/SF 9,100
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
