Dollar Tree & Community Life

Two-tenant building leased to Dollar Tree, a nationally recognized, investment-grade credit tenant (S&P: BBB), and Community Life, a local health and wellness center with six locations throughout the Pittsburgh MSA. Dollar Tree’s lease provides a credit-oriented component within the rent roll, helping diversify the overall credit risk of the investment.
The property offers ±5.75 years of weighted average lease term remaining, providing investors with a long-term, guaranteed stream of cash flow and minimal lease rollover risk for the foreseeable future.
Both leases include two 5-year renewal options. Dollar Tree has approximately ±5.00 years remaining on its lease, while Community Life has approximately ±6.00 years remaining. Community Life operates under a NN+ lease structure with strong reimbursements and minimal expense slippage, while Dollar Tree is on a gross lease.
The ±22,300-square-foot building is situated on a large ±4.51-acre parcel featuring 68 parking spaces, three points of ingress/egress, and approximately 450 feet of frontage.
A Tractor Supply is currently under construction adjacent to the site, with an anticipated opening in early 2027. The property is expected to benefit from the additional retail synergy and increased traffic generated by the new tenant.
Located within the primary retail trade area of the community, neighboring tenants include McDonald’s, CVS, Advance Auto Parts, Sheetz, and more. Logans Ferry Road and Greensburg Rd experiences traffic counts of approximately ±26,655 vehicles per day, providing consistent consumer exposure to the site.
The asset benefits from a 5-mile median age of ±45.9 years, which is above the national average of± 38.9 years. This demographic is advantageous for Community Life, whose services focus on assisting the elderly population in maintaining independent living rather than transitioning into nursing home care.
Lower Burrell is located approximately ±18 miles northeast of downtown Pittsburgh and is part of the greater Pittsburgh metropolitan area. More than 285,000 residents live within a 10-mile radius of the property, with an average household income exceeding $116,281.

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Broker of Record

Kyle Matthews