Dollar Tree
Retail Property For Sale
Marketing description
DOLLAR TREE at 1320 Maple Ave, Terre Haute, IN 47804 offers an attractive net-leased retail investment backed by a newly structured 10-year corporate lease with approximately 8 years of primary term remaining. Priced at $1,816,954 and offering a 7.75% cap rate, this 12,519 SF single-tenant property sits on 2.33 acres in an established retail corridor.
This investment features a passive NN lease structure with the tenant responsible for taxes, CAM, and insurance, creating dependable cash flow with limited landlord responsibilities. Annual NOI is $140,813, with future upside through four 5-year renewal options extending potential occupancy through 2054 and scheduled rent increases in each option period.
Positioned at a signalized intersection along Maple Ave near Lafayette Ave and close to US Hwy 41 (32,000 VPD shown on the map on page 4), the property benefits from excellent visibility, strong access, and surrounding national and regional retailers. The demographics on page 8 further support the location, with 69,328 residents and 28,027 households within 5 miles. An ideal opportunity for 1031 exchange buyers or investors seeking stable, long-term income from a recognized national retailer.
Investment highlights
- 10-Year Corporate Lease to Dollar Tree - Eight (8) years of primary term remaining
- Strong Passive NN Lease Structure - Tenant responsible for taxes, CAM, and insurance | Ideal for 1031 exchange or conservative capital allocation
- Established Retail Location - Excellent site functionality with strong visibility and access
- Dense & Stable Demographics - 69,328 residents within 5 miles
- Long-Term Investment Security - Newly structured long-term term and Predictable income through 2034 with options extending to 2054
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