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Dollar Tree

SEC FM 548 & Reeder Lane, Forney, TX 75126

Listing Price: $2,613,000

Cap Rate
6.85%
Tenant Name
Dollar Tree
Years Remaining On Lease
9.5
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$261.30
Lease Type
Double Net
Rent Per Square Feet
$17.90

Investment Overview

Marcus & Millichap is pleased to present for sale Dollar Tree in Forney, TX. Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands.
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% within One Mile by 2027

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: $2,613,000

Cap Rate
6.85%
Tenant Name
Dollar Tree
Years Remaining On Lease
9.5
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$261.30
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% within One Mile by 2027

Investment Overview

Marcus & Millichap is pleased to present for sale Dollar Tree in Forney, TX. Dollar Tree carries a broad, exciting mix of consumable, variety, and seasonal merchandise that includes many trusted national and regional brands. 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

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