Investment Overview

This Ollie’s Bargain Outlet and Family Dollar–anchored center is shadow-anchored by CVS and features a strong mix of national and long-standing tenants, with most operating on net leases with scheduled rental increases. Family Dollar extended its 25-year history at the site by an additional 5 years, while Ollie’s commenced a 10-year lease in May 2024; two additional leases were executed in 2025. The property benefits from high visibility at the signalized hard-corner intersection of 80th Street and 22nd Avenue, with nearly 900 feet of frontage and eight points of ingress/egress. Surrounding demand drivers include schools, major corporations, a hospital, and national retailers. The area is densely populated with over 75,000 residents within three miles. Offered at $95.30 per square foot, the asset is significantly below replacement cost and positioned for long-term stability & growth.