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An NNN Capital Company

Dollar Tree Strip

Price

$1,682,374

Deal In 30 Seconds

Dylan Davis

STNL Property Video

Price

$1,682,374

The Deal in 30 Seconds

Dylan Davis

Deal Highlights

  •  Replaceable Rent: Your Dollar Tree Strip Center has the lowest rent/SF of the 17 tier-two strip centers currently on the market in Virginia, paying $7.31/SF. Of the 912 tier-two strips on the market nationally, your Dollar Tree Strip ranks #888/912, falling in the bottom 3% of rent/SF nationally.

  •  Well Below Replacement Value: Your Dollar Tree Strip is priced at $1.682m, which amounts to a purchase price of $84/SF. To build a center like this today would cost well over $84/SF, leading to a purchase price below replacement value for this center.

  • Investment Grade Credit: Your shopping center is anchored by Dollar Tree, a Fortune 500 company and an investment grade credit tenant, rated BBB by S&P Global Ratings, currently operating more than 16,000 stores across all 50 states and Canada. This credit is complemented by PT Solutions, a 550-unit physical therapy operator serving 5 million patients annually across the nation.

7.75%

Cap Rate

NNN

Lease Type

Term Remaining

-

$130,384

NOI

20,086 sqft

Bldg Size

1.95 Acres

Lot Size

1964

Year Built

$72,576

3 Mile HHI

8,904

3 Mile Pop

Landlord Responsibilities: Roof, Structure, & CAM

Mark Thompson

Contact agent:

(689) NNN 9560

Dylan Davis

Contact agent:

(689) NNN 9560

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Dylan Davis

Main Agent Contact:

(689) NNN 9544

Mark Thompson

Additional Agent:

(689) NNN 9560

Dollar Tree Strip

Price

$1,682,374

Deal In 30 Seconds

Dylan Davis

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