Discount
Dollar Tree | New 10-Year | Increase Year 6
10440 Coursey Blvd, Baton Rouge, LA 70816
Listing Price: $1,533,000
Cap Rate
7.50%
Tenant Name
Dollar Tree
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$11.50
Investment Overview
DOLLAR TREE
• PUBLICLY TRADED ON NASDAQ
• INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS
• RANKED #137 ON FORTUNE 500 LIST
• 16,000+ STORES IN 48 STATES
• SALES OF $30.6 BILLION IN 2023
Investment Highlights
- NEWLY EXTENDED 10+ YEAR LEASE TERM
- RARE RENTAL INCREASE IN YEAR 6 OF CURRENT LEASE TERM
- CORPORATE LEASE WITH DOLLAR TREE STORES, INC.
- VERY STRONG DEMOGRAPHICS | 196,000+ 5-MILE POPULATION
- ADJACENT TO HOME DEPOT
Exclusively Listed By
Financing By
Listing Price: $1,533,000
Cap Rate
7.50%
Tenant Name
Dollar Tree
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$11.50
Investment Highlights
- NEWLY EXTENDED 10+ YEAR LEASE TERM
- RARE RENTAL INCREASE IN YEAR 6 OF CURRENT LEASE TERM
- CORPORATE LEASE WITH DOLLAR TREE STORES, INC.
- VERY STRONG DEMOGRAPHICS | 196,000+ 5-MILE POPULATION
- ADJACENT TO HOME DEPOT
Investment Overview
DOLLAR TREE • PUBLICLY TRADED ON NASDAQ • INVESTMENT GRADE TENANT | BBB RATING ON STANDARD & POORS • RANKED #137 ON FORTUNE 500 LIST • 16,000+ STORES IN 48 STATES • SALES OF $30.6 BILLION IN 2023