Listed by Landmark Commercial Real Estate Services
$1,392,427
Dollar Tree
Details
Property Type Retail
Sub Type Storefront
Square Footage 10,996
Units 1
Cap Rate 7.50%
NOI $104,432
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Remaining Term 9
Lease Options Four (4), Five (5)-Year Options with Rent Increases
Price per SqFt $127
Year Built 1998
Buildings 1
Stories 1
Acreage 1.290
Zoning B3
Lease Commencement 04/01/2025
Ground Lease No
New Dollar Tree Retrofit | Burton, MI | 10 Year Lease
Marketing description
Landmark Investment Sales is pleased to present the Dollar Tree in Burton, Michigan, featuring a strengthened tenant with upgraded credit following the 2025 sale of Family Dollar. The property benefits from a new 10-year lease with multiple renewal options, extensive retrofits from a former Rite Aid store, and a dense, high-traffic infill location on S Saginaw Street. As a publicly traded, national retailer with over 16,000 locations and $30+ billion in annual revenue, Dollar Tree offers long-term stability and resilient performance across economic cycles.
Investment highlights
- Strengthened Tenant Credit
- Publicly Traded, National Retailer
- New 10-Year Lease
- Extensive Retrofit from Former Rite Aid
- Dense Infill Location Resilient Retailer
- Resilient Retailer
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,432.00
$8,702.67/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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