Dollar Tree
Dollar Tree | Mt. Morris, NY | Near Letchworth State Park
Marketing description
Dollar Tree is located in Mount Morris, New York. This property is located along E State Street where traffic counts average 7,900+ VPD. Nearby tenants include Dunkin Donuts, McDonald’s, Walgreens, etc. Located near the entrance to Letchworth State Park, with approximately 1 millions visitors each year.
Investment highlights
• Dollar Tree is on a NN lease with approximately 7 years, 9 months remaining.
• Dollar Tree has S&P Rating of BBB with 9,000+ locations, revenues of $7.5 Billion.
• This property is located in Mt. Morris, New York, a city located in western New York within Livingston County, 42 miles south of Rochester and at the northern entrance to Letchworth State Park. Mt. Morris benefits from steady tourism traffic driven by nearby Letchworth State Park.
• Letchworth State Park, located near Mount Morris, New York, is widely known as the “Grand Canyon of the East.” The State Park attracts nearly 1 million visitors each year, stretching for miles along the Genesee River. The park encompasses more than 14,000 acres of dramatic scenery, including a deep gorge with cliffs rising hundreds of feet above the river. Three major waterfalls—Upper, Middle, and Lower Falls—anchor the landscape, while numerous smaller cascades and striking rock formations create unforgettable views from scenic overlooks throughout the park.
• 5-mile average household income of $82,755 and population of 7,718.
• Nearby tenants include McDonald’s, Walgreens, Dunkin, FedEx, Five Star Bank, etc.
• The village offers a small-town atmosphere with historic architecture, local shops, and provides convenient access to regional roadways provides connectivity to Rochester and other Western New York markets.
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