Discount
Dollar Tree
1985 Freedom Pkwy, Washington, IL 61571
Listing Price: $1,095,000
Cap Rate
8.40%
Tenant Name
Dollar Tree
Years Remaining On Lease
2.6
Gross SF
9,000
Guarantor
Corporate Guarantee
Rentable SF
9,000
Price/Gross SF
$121.67
Lease Type
Double Net
Rent Per Square Feet
$10.50
Investment Overview
Three years remaining on Dollar Tree investment located next to Menard's, Aldi and Walmart in metro Peoria, IL. Tenant maintains CAM and reimburses for taxes and insurance.
Investment Highlights
- New construction in 2017
- Out parcel of Menards & Aldi, adjacent to Walmart
- Metro Peoria, IL - 5 mile radius - 41,722 population - $76,000 median household income
- Over 11,000 vehicles per day on Freedom Parkway servicing Menard's, Walmart, Aldi & Dollar Tree
- Dollar Tree maintains CAM, pays taxes and insurance
- $.50 per square foot increase each option term
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Listing Price: $1,095,000
Cap Rate
8.40%
Tenant Name
Dollar Tree
Years Remaining On Lease
2.6
Gross SF
9,000
Guarantor
Corporate Guarantee
Rentable SF
9,000
Price/Gross SF
$121.67
Lease Type
Double Net
Rent Per Square Feet
$10.50
Investment Highlights
- New construction in 2017
- Out parcel of Menards & Aldi, adjacent to Walmart
- Metro Peoria, IL - 5 mile radius - 41,722 population - $76,000 median household income
- Over 11,000 vehicles per day on Freedom Parkway servicing Menard's, Walmart, Aldi & Dollar Tree
- Dollar Tree maintains CAM, pays taxes and insurance
- $.50 per square foot increase each option term
Investment Overview
Three years remaining on Dollar Tree investment located next to Menard's, Aldi and Walmart in metro Peoria, IL. Tenant maintains CAM and reimburses for taxes and insurance.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager