Dollar Tree

• Population Density – The property benefits from a substantial surrounding population, with approximately 224,812 residents within a 5-mile radius and 522,003 residents within a 10-mile radius.
• Below-Market Rent – Current rent remains below $10 PSF for the next 6.4 years, providing an attractive rental basis.
• Contractual Rent Growth – Option periods feature $1 PSF rent increases, providing built-in rental growth.
• Demonstrated Tenant Commitment – Dollar Tree exercised its 7-year renewal option early, demonstrating a long-term commitment to the location.
• High-Visibility Location – Strategically positioned on a large lot at the signalized intersection of School Street and Burnside Avenue, with combined traffic counts of approximately 25,900 VPD.
• Durable Construction – The property features durable all-brick construction, supporting long-term ownership.
• Strong Corporate Guarantee – The lease is backed by Dollar Tree’s corporate guarantee, providing additional credit strength.
• Resilient Business Model – Dollar Tree’s value-oriented retail model serves a broad consumer base and has historically benefited from demand for affordable everyday goods.
• Extensive National Footprint – Dollar Tree maintains an expansive retail presence across the United States and Canada.