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Dollar Tree

NEC SH 199 & Agnes Circle, Springtown, TX 76082

Listing Price: $2,171,875

Cap Rate
6.40%
Tenant Name
Dollar Tree Stores, Inc.
Years Remaining On Lease
10.2
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$217.19
Lease Type
Double Net
Rent Per Square Feet
$13.90

Investment Overview

Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands. Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses.

Springtown is a small city located in Parker County, Texas. Situated in the northern part of the state, Springtown is approximately 30 miles northwest of Fort Worth. With a population of around 3,000 residents, Springtown offers a tight-knit community, rural charm, and access to outdoor recreation.

Investment Highlights

  • Brand New 10-Year Corporate Lease with Dollar Tree (NASDAQ: DLTR)
  • Rental Increases Occurring in Each of Four, Five-Year Renewal Option Periods
  • New High Quality 2024 Construction with 20-Year Roof Warranty
  • Situated in the Dallas / Fort Worth MSA, 30 Miles Northwest of Downtown Fort Worth
  • Average Household Income Exceeds $95,000 in the Immediate Area
  • 38,652 Residents in the Surrounding Area - Households and Population Projected to Increase 5 - 6 Percent in a Three-Mile Radius by 2027
  • Easily Accessible Location Along TX-199, Connecting Springtown to Fort Worth

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Listing Price: $2,171,875

Cap Rate
6.40%
Tenant Name
Dollar Tree Stores, Inc.
Years Remaining On Lease
10.2
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$217.19
Lease Type
Double Net
Rent Per Square Feet
$13.90

Investment Highlights

  • Brand New 10-Year Corporate Lease with Dollar Tree (NASDAQ: DLTR)
  • Rental Increases Occurring in Each of Four, Five-Year Renewal Option Periods
  • New High Quality 2024 Construction with 20-Year Roof Warranty
  • Situated in the Dallas / Fort Worth MSA, 30 Miles Northwest of Downtown Fort Worth
  • Average Household Income Exceeds $95,000 in the Immediate Area
  • 38,652 Residents in the Surrounding Area - Households and Population Projected to Increase 5 - 6 Percent in a Three-Mile Radius by 2027
  • Easily Accessible Location Along TX-199, Connecting Springtown to Fort Worth

Investment Overview

Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands. Ranked 137 on the Fortune 500 list, Dollar Tree, Inc. is comprised of two iconic brands – Dollar Tree and Family Dollar – delivering value and convenience through complementary businesses. Springtown is a small city located in Parker County, Texas. Situated in the northern part of the state, Springtown is approximately 30 miles northwest of Fort Worth. With a population of around 3,000 residents, Springtown offers a tight-knit community, rural charm, and access to outdoor recreation.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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