Lease & Location Highlights

• Dollar Tree recently exercised their 2nd renewal option with no landlord concessions
• Extremely attractive 9.21% cap rate for a stabilized deal with investment grade credit
• Extremely healthy rent-to-sales ratio of 5.85% (based off 2024 sales figures)
• Corporate guarantee from Dollar Tree, Inc.
• Lease includes four (4) five-year renewal options all of which have a 10% increase
• The property is located just off Highway 62 which has traffic count in excess ± 21,200 vehicles daily
• Average household income of $72,553
• Henryetta, OK is located 55-mile South of Tulsa and 80-miles East of Oklahoma City
• Investment Grade Credit Tenant – S&P Rated BBB
• Dollar Tree, which acquired Family Dollar in 2015, is the second-largest discount retailer in the U.S., operating over 16,000 locations nationwide.
• Tenant outperformed during the COVID-19 pandemic, experiencing notable increases in same-store sales and profitability.