Dollar Tree recently extended their lease early to a full 10-year term, proving their commitment to the location and market
Corporately guaranteed lease
Three, 5-Year renewal options all of which include a $.50/SF rent increase
5-Mile population of 88,476 residents
Average household income of $69,505 annually
Traffic counts exceed +43,000 at the intersection of Dirksen Pkwy & E Sangamon Rd
Local retail tenants include Walmart, Lowes McDonald’s, ADLI, Wells Fargo, AARON’s KFC, Wendy’s, and many more
Dollar Tree acquires 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
Family Dollar is one of the few retailers that thrived through the COVID pandemic and witnessed a sharp increase in same store sales / profitability