Dollar Tree

• High Growth Market | Chattanooga MSA | Low Cost of Living: Located along the Tennessee River & just outside of Chattanooga, Decatur has experienced unprecedented population growth & bolsters an astounding 5.36% growth rate since 2020.
• History of Operation Success & Renewals | Strong Store Performance: Having operated at this location for more than 2 decades, Dollar Tree has exercised multiple lease renewals & remains committed to operational success at this location.
• Above-Market Rental Increases: Investors capitalize on a 21% rental increase with the next renewal & a 10% rental increase with the following option to renew.
• Investment Grade Credit | Corporate Guarantee | Publicly-Traded Company: Dollar Tree, Inc. (NASDAQ: DLTR), rated BBB by S&P, operates over 16,000 stores nationwide with more than 150,000 employees and reported $30.6 billion in annual revenue; ranked #143 on the 2024 Fortune 500 list.
• Below Market Rent: Current rental rate is below the average Dollar Tree rates & allows investors the ability to increase returns in the future.
• Recent Construction & Renovations: Dollar Tree’s long operating history at this location is a testament to the performance. Their recent investments in the building show long-term future commitment to the site as well.
• Landlord Friendly Lease Structure: Landlord is only responsible for the roof & structure. Tenant is responsible for taxes, insurance, CAM, HVAC, parking lot, etc.