Skip to main content

Discount

Dollar Tree

SEC FM 548 & Reeder Lane, Forney, TX 75126

Listing Price: $2,983,300

Cap Rate
6.00%
Tenant Name
Dollar Tree Stores, Inc.
Years Remaining On Lease
10.1
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$298.33
Lease Type
Double Net
Rent Per Square Feet
$17.90

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.

Forney is a growing city located in Kaufman County, Texas. Situated in the northeastern part of the state, Forney is a suburb of Dallas. With a population of around 23,000 residents, Forney offers a mix of small-town charm, access to urban amenities, and a thriving community.

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, 25 Miles East of Downtown Dallas
  • Average Household Income Exceeds $118,000 in the Immediate Area
  • Rapidly Growing Trade Area - Households and Population Projected to Increase 25 Percent Within One Mile by 2027
  • Surrounded by New Residential Development with Immediate Proximity to Over 1,500 Apartment Units and Over 2,055 Single-Family Homes (in Development)
  • Excellent Visibility Along East Farm to Market 548 (21,500 Cars per Day), One Mile from a Dense Retail Corridor Anchored by Walmart, Lowe's, and Kroger

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: $2,983,300

Cap Rate
6.00%
Tenant Name
Dollar Tree Stores, Inc.
Years Remaining On Lease
10.1
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$298.33
Lease Type
Double Net
Rent Per Square Feet
$17.90

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, 25 Miles East of Downtown Dallas
  • Average Household Income Exceeds $118,000 in the Immediate Area
  • Rapidly Growing Trade Area - Households and Population Projected to Increase 25 Percent Within One Mile by 2027
  • Surrounded by New Residential Development with Immediate Proximity to Over 1,500 Apartment Units and Over 2,055 Single-Family Homes (in Development)
  • Excellent Visibility Along East Farm to Market 548 (21,500 Cars per Day), One Mile from a Dense Retail Corridor Anchored by Walmart, Lowe's, and Kroger

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. Forney is a growing city located in Kaufman County, Texas. Situated in the northeastern part of the state, Forney is a suburb of Dallas. With a population of around 23,000 residents, Forney offers a mix of small-town charm, access to urban amenities, and a thriving community.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

MM Texture Background
MM Textured Background Lower