Listed by Elevate Net Lease
$954,545
Dollar Tree
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,000
Cap Rate 8.25%
NOI $78,750
Tenancy Single
Brand/Tenant Dollar Tree
Lease Type NN
Lease Expiration 01/31/2028
Remaining Term 1.5
Rent Bumps Yes
Year Built 2007
Acreage 0.700
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Retail | 8.25% CAP | 9,000 SqFt
Marketing description
Dollar Tree is a Fortune 200 company with over 16,000 locations nationwide, offering a recession-resistant, necessity-based retail model with consistent customer demand. This property is situated on a main shopping corridor in International Falls near the U.S.-Canada border, benefiting from cross-border shoppers and regional visitors. The property features a corporate guarantee backing, below-market lease rate, and just under 2 years remaining on the lease term, providing an opportunity for lease renewal at market rates or redevelopment.
Investment highlights
- Corporate Guarantee - Backed by Dollar Tree, a Fortune 200 company with over 16,000 locations nationwide
- Affordable Rent - Below-market lease rate minimizes downside risk and enhances future upside potential
- Prime Retail Location - Situated on a main shopping corridor in International Falls
- Border Trade and Tourism Hub - Located near the U.S.-Canada border, benefiting from cross-border shoppers and regional visitors
- Short-Term Lease with Upside - Just under 2 years remaining, providing an opportunity for lease renewal at market rates or redevelopment
- Essential Retailer - Dollar Tree is a recession-resistant, necessity-based tenant with consistent customer demand
- Limited Competition - Serves as a key discount retailer in a trade area with few national competitors
Listing Contacts
Listed by Elevate Net Lease
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,750.00
$6,562.50/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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