
Dollar Tree - Strong Demo's & Traffic Counts
Dollar Tree | 234,985 Five Mile Population | 19,609 VPD
Marketing description
This is an attractive opportunity to acquire a 2017 build-to-suit single-tenant net lease asset occupied by one of the nation’s leading discount retailers. This 9,750 SF freestanding property sits on 0.89 acres in a strong retail corridor along Walton Blvd with traffic counts of approximately 19,609 vehicles per day. The asset is leased to Dollar Tree Stores, Inc. on a Double Net (NN) lease with minimal landlord responsibilities limited to roof and structure. Approximately six years remain on the current term, following the tenant’s early exercise of its first renewal option—an encouraging sign of long-term commitment to the location. Investors also benefit from a 6.76% rent increase scheduled for March 1, 2029, plus additional renewal options. Positioned in Pontiac, the county seat of Oakland County, the property serves a dense and established consumer base with 234,985 residents within five miles and average household income of $81,786. Surrounded by national retailers and essential service users, this offering combines durable cash flow, contractual rent growth, and the credit strength of a publicly traded, recession-resistant tenant.
Investment highlights
- 6 Years Remaining on the Lease Term
- Strong Corporate Guarantee
- NN Lease - Minimal Landlord Responsibilities
- Rare Rental Bump in 2029
- Explosive Demographics - 234,985 Population Within Five Miles
- Strong Traffic Counts - 19,609 VPD
- Multiple National Retailers Nearby
- Low Price Point
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