Retail    

Family Dollar & Dollar Tree Portfolio of 12

8 States Nationwide | Master Leased

Asking Price

$13,424,000

Cap Rate

10.00%

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Expenses

Absolute NNN

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Avg Term Remaining

5.50 Years

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Rent Increases

CPI Every 3 Years

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Total Leased Area

97,076 SF

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Strong Parent Company Ownership
    Dollar Tree, Inc. (NASDAQ: DLTR) annual revenues exceeding $28 billion and a Standard & Poor's credit rating of BBB/Stable
  • Absolute NNN Expense Structure
    Completely passive investment with zero Landlord responsibilities, rare for Family Dollar / Dollar Tree properties
  • Attractive Rent Increases
    CPI every three (3) years, up to a maximum of 6%, across all Properties

  • Recession-Resistant Tenant
    Dollar stores are considered counter-cyclical companies that are expected to outperform in a recessionary environment 
  • Geographic Diversification
    Strong credit with diversification across the central and eastern United States
  • Master Leased Portfolio Opportunity
    Tenant has indicated willingness and desire to restructure the Master Lease to individual leases upon close of escrow with purchaser

Exclusively Listed By

Brad Pepin

Senior Vice President
  bpepin@northmarq.com      918.794.9503
OK Lic. #147853
LA Lic. #BROK.0995687899-ASA
KY Lic. #246584

Jonathan Ameen

Vice President
  jameen@northmarq.com      918.794.9728

Melissa McKenzie

Lead Investment Analyst
  mmckenzie@northmarq.com   

Sage Chaffin

Investment Analyst
  schaffin@northmarq.com   

 

In Association With

Christopher Doerr

VA Lic. #225186980

Ryan Butler

AL Lic. #000101183

Brian Lane

FL Lic. #BK3206419

Thomas Georges

NY Lic. #10301211317

Jeff Hughes

NC Lic. #101282

 

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136


northmarq.com