Dollar Tree - Rock Island, IL | Quad Cities MSA
Direct Frontage | Corporate-Guaranteed Lease
Marketing description
CBRE is pleased to present an exclusive listing for the Dollar Tree located at 3100 11th Street in Rock Island, Illinois. The site consists of 13,905± total square feet of building space and sits on 1.53± acres of land. The subject property benefits from being located at a strong signalized intersection in an established residential trade area — surrounded by schools, healthcare facilities, and community amenities, generating dependable year-round customer demand. Nearby national retailers include: McDonald’s, O’Reilly Auto Parts, Dollar General, Conoco, and Shell.
Dollar Tree executed a 10-year lease for the subject property in 2023. Dollar Tree is an investment-grade rated tenant with an S&P rating of ‘BBB’. The lease features $0.50 psf rental escalations every five years throughout the initial 10-year base term and in the three (3) five-year renewal option periods; allowing for the possibility to extend the total lease term to 25 years.
Investment highlights
ABOUT THE INVESTMENT
- Dollar Tree Corporate-Guaranteed 10-year NN lease with minimal landlord responsibilities
- Lease features $0.50 PSF rental escalations every 5-years throughout the 10-year Base Term and three (3) five-year renewal Option Periods extending the total possible lease term to 25 years
- Stand-alone Store situated on the ‘going-to-work’ side of the road (right-hand side) at signalized intersection with access points for 11th Street & 31st Avenue
ABOUT THE LOCATION
- Located within the Quad Cities MSA, serving a broad regional consumer base across Illinois and Iowa
- Positioned along 11th Street, a primary local retail corridor with convenient access to IL-5 and IL-92
- Surrounded by established residential neighborhoods, schools, healthcare facilities, and complementary retailers
- Infill neighborhood location supporting consistent traffic and recurring demand for value-oriented retail
ABOUT THE TENANT/BRAND
- National investment-grade-caliber retail brand with extensive operating history
- Recession-resistant business model centered on value retailing with Essential-needs and convenience-driven shopping model
- One of the largest discount/value retailers in North America | Publicly traded: NASDAQ: DLTR| S&P Rating of ‘BBB’
- Nationally recognized discount retailer with strong performance through various economic cycles as consumers seek value with diversified merchandise mix creating repeat customer visits
- Significant scale and purchasing power within the discount retail sector
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