Dollar Tree - Net Lease Property for Sale
Carlinville, IL
Key Investment Metrics
Price
$840,000
Cap Rate
10.0%
Net Operating Income
$84,000
Building Size
10500 SF
Lot Size
10,500 SF
Land Area
0.39 Acres
Remaining Term
3.9 years
Lease Expiration
06/30/2030
Lease Term
10 years
Lease Commencement
07/01/2020
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
1960
Occupancy
100%
Tenancy
Single
Rent Increases
See OM for details
About This Dollar Tree Net Lease Property
This Dollar Tree NNN (triple net lease) property is located in Carlinville, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 10500 square feet of building space and was built in 1960.
With a cap rate of 10.0%, this Dollar Tree net lease property offers stable income potential. The asking price is $840,000, making it an attractive option for 1031 exchange investors seeking quality Dollar Tree commercial properties.
Why Invest in Dollar Tree NNN Properties?
- Stable Income: Dollar Tree net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dollar Tree is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Carlinville, IL Market Overview
Located in Carlinville, IL, this Dollar Tree property benefits from strong local demographics and market fundamentals. The Carlinville area offers excellent visibility and accessibility, making it an ideal location for Dollar Tree operations and a solid investment for net lease property buyers.