Dollar Tree
Retail | 6.63% CAP | 18,961 SqFt
Investment highlights
Recently Extended Lease | The lease was recently extended for an additional ten (10) years, and the tenant was granted two additional five-year renewal options. There are over nine years remaining on the lease, with limited landlord responsibilities.
Long Term Operating History | This site has operated as a Dollar Tree since 2004. The tenant exercised two options early last year, showing their commitment to the site. According to Placer.AI, this site is a top store, in the 92nd percentile of all Dollar Trees nationwide.
Busy Traffic Counts | Erie Blvd E receives over roughly 22,000 vehicles per day. Nearby, Interstate-690 brings in over 115,000 vehicles per day, with Interstate-481 contributing an additional 50,000 vehicles per day.
Syracuse, NY | This property is roughly three miles from downtown Syracuse, which is the 4th largest city in the state of New York. Syracuse is the economic and educational center of Central New York.
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