Dollar Tree - Chicago, IL
Retail | 8.00% CAP | 10,000 SqFt
Investment highlights
National Credit Tenant: Leased to Dollar Tree (NASDAQ: DLTR) — a Fortune 500 Retailer with 16,000+ Locations Nationwide, Offering Strong Financial Backing and Long Term Stability
Recent 5-Year Lease Extension: Tenant Recently Executed an Early 5-Year Lease Extension, Demonstrating Long-term Commitment to the Site
High-Traffic Urban Location: Prime Visibility on S Ashland Ave, a Busy Commercial Artery with Over 29,000 VPD, Enhancing Customer Accessibility and Brand Exposure
Dense Infill Demographics: Located in Chicago’s Auburn Gresham Neighborhood, with a Population Exceeding 300,000 Residents Within a 3-mile Radius, Supporting Sustained Retail Demand
Established Retail Corridor: Adjacent to Walmart and Surrounded by National and Regional Tenants such as Burger King, AutoZone and Local Grocers, Drawing Consistent Foot Traffic to the Area Proximity to Downtown Chicago: Just 9 miles from the Loop, Benefiting from Excellent Regional Access, Public Transportation, and Ongoing South Side Investment
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