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33310028
33310027

576 HAMLIN HWY, LAKE ARIEL, PA 18436

BB
PA RM432816, OH BRK.200900214 (+21)
Bang Realty
JG
IL 471007006
The Boulder Group
Listed by Bang Realty, The Boulder Group
$1,673,000
2 days on market
Updated 2 days ago

Dollar Tree

Details
APN 22-0-0032-0001
Property Type Retail
Sub Type Dollar store
Square Footage 10,500
Units 1
Cap Rate 7.5%
NOI $125,475
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Lease Expiration 08/31/2034
Remaining Term 8.2
Rent Bumps Yes
Lease Options Four 5-year
Year Built 2024
Acreage 2.000
Investment Type Net Lease
Lease Commencement 08/04/2024
Ground Lease No

7.50% Cap Rate | Large 2.0 AC Lot | 2024 Build

Marketing description

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar Tree strategically located within the Scranton–Wilkes-Barre MSA in Lake Ariel, Pennsylvania. The property was built-to-suit for Dollar Tree in 2024 and is subject to a ten-year lease running through August 2034. The lease features four 5-year renewal options, each with rental increases. Additionally, the asset is situated on a large 2-acre land parcel. Dollar Tree is an investment-grade tenant with a “BBB” rating from Standard & Poor’s.

The 10,500 square-foot property is adjacent to Weis Markets, the area’s “go-to” supermarket, positioning it alongside the most established daily-needs destination in Lake Ariel. Neighboring retailers include Tractor Supply Company, McDonald’s, CVS, Mavis, Advance Auto Parts, Dunkin’, and Jersey Mike’s, among several others, providing a steady mix of national tenants that serve the broader community. The surrounding trade area is home to more than 42,000 residents within a ten-mile radius, where the average household income exceeds $92,000 within seven miles.

Dollar Tree, Inc. (NASDAQ: DLTR), headquartered in Chesapeake, Virginia, is one of North America’s leading value retailers, renowned for delivering everyday essentials, household goods, snacks, toys, and seasonal items at low fixed prices with a signature “thrill-of-the-hunt” shopping experience. Founded in 1986 as Only $1.00 by Macon Brock, Doug Perry, and Ray Compton—building on family roots in variety retailing dating back to a 1953 Ben Franklin store in Norfolk, Virginia—the company pioneered the single-price-point model and has grown into a Fortune 500 powerhouse. Today it operates more than 9,000 stores across 48 contiguous U.S. states and five Canadian provinces, supported by a network of distribution centers and a team of over 150,000 associates, while remaining committed to offering customers great value, convenience.

Investment highlights

  • Positioned within the Scranton-Wilkes Barre MSA
  • Dollar Tree is an investment grade tenant (S&P: BBB)
  • 2024 construction with a roof warranty through 2046
  • Leased through August 2034
  • $0.50 PSF rental escalations in every renewal option
  • Large 2-acre parcel
  • 42,000+ residents within a ten-mile radius
  • $92,000+ average household income within seven miles
  • Adjacent to Weis Markets, the area’s “go-to” supermarket
  • Neighboring retailers include Tractor Supply Company, McDonald’s, CVS, Mavis, Advance Auto Parts, Dunkin’, Jersey Mike’s, and several others

Listing Contacts

BB
PA RM432816, OH BRK.200900214 (+21)
Bang Realty
JG
IL 471007006
The Boulder Group
Listed by Bang Realty, The Boulder Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$125,475.00
$10,456.25/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Brian Brockman
License
RM432816
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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