Dollar Tree
Dollar Tree | 9.5% CAP | 9,000 SqFt | Pad Site to Menards | Bite Size Deal | $755,000
Marketing description
Dollar Tree in Spencer, IA is a 9,000 SF freestanding retail property on 1.47 acres, operating under a double-net lease through September 2027 with one five-year renewal option. The asset generates $72,000 in annual rent, offered at $755,000 for a 9.5% cap rate. Featuring a national credit tenant in a proven, high-traffic retail corridor, the location offers strong visibility, easy access, and stable cash flow. With a shorter remaining lease term, this property presents both secure income and potential value-add opportunities for an investor.
Investment highlights
Secure national credit tenant leased to Dollar Tree
Attractive current yield at an 8% cap rate based on
in-place income, offering strong cash flow.
Proven location performance with long-term tenant
occupancy in a high-trac retail corridor offering
strong visibility and easy access.
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