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Dollar Tree

3320 W Hwy 199, Springtown, TX 76082

Listing Price: $1,985,000

Cap Rate
7.00%
Tenant Name
Dollar Tree
Years Remaining On Lease
9.4
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$198.50
Lease Type
Double Net
Rent Per Square Feet
$13.90

Investment Overview

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

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: $1,985,000

Cap Rate
7.00%
Tenant Name
Dollar Tree
Years Remaining On Lease
9.4
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$198.50
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

Investment Overview

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