INVESTMENT HIGHLIGHTS

LEASE AND LOCATION

• 2024 Built-to-Suit construction for Dollar Tree
• Five, 5-Year renewal options all of which include a $5,000 rent increase ($0.50 PSF)
• Nearby national tenants include McDonalds, Safeway, USPS, Walmart Supercenter, Exxon, and more
• Subject property features a concrete parking lot
• 5 mile population in excess of 14,094 residents
• 10 mile population in excess of 75,484 residents
• Corporately guaranteed lease
• The subject property comes with a 20-Year roof warranty

TENANT

• Dollar Tree acquired Family Dollar in 2015 and they are considered to be the second largest discount retailer in the United States with more than 16,000 locations
• Dollar Tree is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same store sales  profitability
• Dollar Tree experienced a 4.4% YOY increase in store visits (January 2024 vs January 2023)
• Investment Grade Credit Tenant – S&P Rated BBB