Dollar Tree for Sale in Rock Island, IL
Rock Island, IL
Key Investment Metrics
Price
$2,239,731
Cap Rate
7.5%
Net Operating Income
$166,860
Building Size
13802 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
AI illustration · Not the listed propertyProperty overview
Dollar Tree in Rock Island
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 13,802 SF
- Year built
- 1996
- Lease type
- NN+
- Lease expiration
- 02/28/2034
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.