Dollar Tree | 8.50% Cap | Recently Extended Lease
±52,900 Vehicles Daily | 5-Mile Pop. 151,090 Residents
Investment highlights
Location Highlights
● 2017 retrofit for Dollar Tree
● ±6.25 Years remaining on a recently extended lease, proving Dollar Trees commitment to the location and market
● Corporate lease signed by Dollar Tree Store, Inc.
● Three, 5-Year renewal options all of which include a rental increase of $5,271 ($0.50 PSF)
● 5-Mile Population of 151,090 residents
● ±52,900 Vehicles daily at the intersection of HWY 20 & I-80
● Affluent demographics with an Average household income of $103,430 annually
● Toledo is located in northwest Ohio along the western shore of Lake Erie and attracts millions of visitors annually
● The city is situated approximately 60 miles south of Detroit and 115 miles west of Cleveland, with convenient access via Interstate 75 and Interstate 80/90 (Ohio Turnpike)
Tenant Highlights
● Dollar Tree recently sold off Family Dollar in summer of 2025 to refocus on its core, higher-performing brand.
● Since the sale of Family Dollar, Dollar Tree has seen an increase in their stock price of 25%.
● Investment Grade Credit Tenant – S&P Rated BBB.
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