Discount
Dollar Tree - Brand New Lease
3558 Main St, Weirton, WV 26062
Listing Price: $1,724,143
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a retail property located at 3558 Main St, Weirton, West Virginia. This property consists of a 13,500 ft retail property located on a 51,400 square feet parcel of land. Dollar Tree, a leading operator of discount variety stores in the U.S. has signed a long-term lease and is currently renovating the asset in advance of their planned grand opening on 11/30/23.
Located in the heart of Weirton, the property stands on a bustling main thoroughfare with a daily traffic count of over 31,000 vehicles. Its strategic positioning ensures optimal visibility and accessibility, making it an attractive destination for local shoppers. The site is surrounded by residential neighborhoods and complementary retail businesses, enhancing the location's appeal.
Weirton, part of the Pittsburgh metropolitan area, is a city on the rise, characterized by its industrious community and diverse economic base. The influx of commercial investments and ongoing development projects signifies a growth trend that bolsters the local economy.
This property comes with a brand-new 10-year lease with Dollar Tree, providing investors with a stable income stream and the assurance of a nationally recognized tenant. Dollar Tree, Inc. (NASDAQ: DLTR), operates more than 15,000 stores across 48 states and 5 Canadian provinces, offering a wide variety of merchandise. The company's strong brand recognition, extensive retail network, and commitment to value have made it a preferred shopping destination for millions of consumers.
Investing in this property at 3558 Main St. offers a blend of location advantage, tenant strength, and market potential. With its brand-new lease and robust guarantees, this asset presents an ideal investment vehicle for those seeking reliable returns and capital appreciation in a growing market.
Dollar Tree - Brand New Lease
Investment Highlights
- Corporate Guarantee From $33.6 Billion Company (NASDAQ: DLTR)
- Brand New 10 Year Primary Lease Term
- Dense Infill Population – 24,000+ People In 3-Mile Radius
- Renovated Structure - Dollar Tree Opens Its Doors To The Public 11/30/23
- Frontage On Main Street - Traffic Counts Of 31,700+ Vehicles Per Day
- 5% Rental Increases Starting Year 11 And Every 5 Years
- Easy Access To US-22, WV Route 2 And The Ohio River Scenic Byway
- Essential Retailer – Provides Stability In Face Of Economic Challenges
Broker of Record
Financing By
Listing Price: $1,724,143
Investment Highlights
- Corporate Guarantee From $33.6 Billion Company (NASDAQ: DLTR)
- Brand New 10 Year Primary Lease Term
- Dense Infill Population – 24,000+ People In 3-Mile Radius
- Renovated Structure - Dollar Tree Opens Its Doors To The Public 11/30/23
- Frontage On Main Street - Traffic Counts Of 31,700+ Vehicles Per Day
- 5% Rental Increases Starting Year 11 And Every 5 Years
- Easy Access To US-22, WV Route 2 And The Ohio River Scenic Byway
- Essential Retailer – Provides Stability In Face Of Economic Challenges
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a retail property located at 3558 Main St, Weirton, West Virginia. This property consists of a 13,500 ft retail property located on a 51,400 square feet parcel of land. Dollar Tree, a leading operator of discount variety stores in the U.S. has signed a long-term lease and is currently renovating the asset in advance of their planned grand opening on 11/30/23. Located in the heart of Weirton, the property stands on a bustling main thoroughfare with a daily traffic count of over 31,000 vehicles. Its strategic positioning ensures optimal visibility and accessibility, making it an attractive destination for local shoppers. The site is surrounded by residential neighborhoods and complementary retail businesses, enhancing the location's appeal. Weirton, part of the Pittsburgh metropolitan area, is a city on the rise, characterized by its industrious community and diverse economic base. The influx of commercial investments and ongoing development projects signifies a growth trend that bolsters the local economy. This property comes with a brand-new 10-year lease with Dollar Tree, providing investors with a stable income stream and the assurance of a nationally recognized tenant. Dollar Tree, Inc. (NASDAQ: DLTR), operates more than 15,000 stores across 48 states and 5 Canadian provinces, offering a wide variety of merchandise. The company's strong brand recognition, extensive retail network, and commitment to value have made it a preferred shopping destination for millions of consumers. Investing in this property at 3558 Main St. offers a blend of location advantage, tenant strength, and market potential. With its brand-new lease and robust guarantees, this asset presents an ideal investment vehicle for those seeking reliable returns and capital appreciation in a growing market.
Broker of Record
Financing By
