Dollar Tree - Net Lease Property for Sale
Rock Island, IL
Key Investment Metrics
Price
$2,239,731
Cap Rate
7.5%
Net Operating Income
$166,860
Building Size
13802 SF
Lot Size
13,802 SF
Remaining Term
7.6 years
Lease Expiration
02/28/2034
Lease Term
10.3 years
Lease Commencement
11/16/2023
Lease Type
NN+
Tenant Credit
Corporate Guarantee
Year Built
1996
Occupancy
100%
Tenancy
Single
Rent Increases
$0.50 PSF every 5-years
About This Dollar Tree Net Lease Property
This Dollar Tree NNN (triple net lease) property is located in Rock Island, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 13802 square feet of building space and was built in 1996.
With a cap rate of 7.5%, this Dollar Tree net lease property offers stable income potential. The asking price is $2,239,731, 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.
Rock Island, IL Market Overview
Located in Rock Island, IL, this Dollar Tree property benefits from strong local demographics and market fundamentals. The Rock Island area offers excellent visibility and accessibility, making it an ideal location for Dollar Tree operations and a solid investment for net lease property buyers.