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915 North Walnut Street, Mount Carmel, IL, 62863

Dollar Tree
$1,375,000

Key Information

Cap Rate
8%
$ per SF
$187
Tot. SF
20,000
Lot Size
2.29 Acres
Year Built
1950
Type
Retail
NOI
$110,000

Highlights

• Dollar Tree, Inc. (NASDAQ: DLTR), rated BBB by S&P, operates over 16,000 stores nationwide with more than 200,000 employees and reported $30.6 billion in annual revenue; ranked #143 on the 2024 Fortune 500 list.
• Just over seven years of remaining primary lease term with four (4), five-year renewal options, providing durable, passive cash flow and minimal landlord obligations.
• Situated along Mount Carmel’s primary retail artery with direct exposure to major national retailers including McDonald’s, Burger King, AutoZone, Scooter’s Coffee, Casey’s, Dollar General, DG Marketplace, Ace Hardware, and CVS.
• Located near several major employers including Toyota Motor Manufacturing Indiana (7,000+ employees), Toyota Boshoku Indiana, and Futaba North America—key suppliers to the automotive industry.
• Within the economic reach of Gibson Generating Stationthe largest coal-fired power plant in North America by output and the largest facility operated by Duke Energy.
• Regional presence of Berry Global Group, Inc., a Fortune 500 global packaging manufacturer with over 265 facilities and 46,000+ employees, headquartered in nearby Evansville, Indiana.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661