Shopping Neighborhood
Dollar Tree Plaza
600-724 N 2nd St, Millville, NJ 08332
Listing Price: $2,500,000
Investment Overview
Fast Facts: 16,340+ Locations Across 48 States & Canada l Fortune 500 Company with a “BBB” Credit Rating from S&P Global Ratings l Publicly traded on the NYSTE with Stock Symbol of ‘DLTR’ l Net sales about $31 Billion in 2024. History/Headquarters + FD Buyout: Founded in 1953 l Headquarters in Chesapeake, VA l DT tries to stay at $1.00 - $1.25 while FD range from $1.00 - $10.00 l In 2015 Dollar Tree acquired Family Dollar, a competing discount store chain, for about $8.5 billion to broaden its market reach and enabled it to serve more low-income customers. 2025 Business Plan: Enhancing store experience, broadening product
selections, and expanding price points($3 - $5) l Opening New Locations and Close Underperforming Locations(Closing 970 FD Locations by end of 2025) l Supply chain enhancements, like implementing new logistics technologies that reduce store-level handling times and improve efficiency l Wage increases in competitive markets to reduce turnover and boost associate satisfaction.
Dollar Tree Plaza
Investment Highlights
- ESTABLISHED 85% OCCUPIED NEIGHBORHOOD CENTER ANCHORED BY DOLLAR TREE AND FAMILY DOLLAR
- HIGH YIELD OPPORTUNITY WITH LOW RENTS AND PRICED BELOW REPLACEMENT COST
- RECENT LEASING MOMENTUM OVER THE LAST THREE (3) YEARS | OWNERSHIP HAS SIGNED SIX (6) NEW LEASES
- STABLE CASH FLOWING ASSET WITH A VALUE-ADD COMPONENT
- STABLE DEMOGRAPHICS | MAJOR TOUCH POINTS | HIGHWAY ACCESS
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
Financing By
Listing Price: $2,500,000
Investment Highlights
- ESTABLISHED 85% OCCUPIED NEIGHBORHOOD CENTER ANCHORED BY DOLLAR TREE AND FAMILY DOLLAR
- HIGH YIELD OPPORTUNITY WITH LOW RENTS AND PRICED BELOW REPLACEMENT COST
- RECENT LEASING MOMENTUM OVER THE LAST THREE (3) YEARS | OWNERSHIP HAS SIGNED SIX (6) NEW LEASES
- STABLE CASH FLOWING ASSET WITH A VALUE-ADD COMPONENT
- STABLE DEMOGRAPHICS | MAJOR TOUCH POINTS | HIGHWAY ACCESS
Investment Overview
Fast Facts: 16,340+ Locations Across 48 States & Canada l Fortune 500 Company with a “BBB” Credit Rating from S&P Global Ratings l Publicly traded on the NYSTE with Stock Symbol of ‘DLTR’ l Net sales about $31 Billion in 2024. History/Headquarters + FD Buyout: Founded in 1953 l Headquarters in Chesapeake, VA l DT tries to stay at $1.00 - $1.25 while FD range from $1.00 - $10.00 l In 2015 Dollar Tree acquired Family Dollar, a competing discount store chain, for about $8.5 billion to broaden its market reach and enabled it to serve more low-income customers. 2025 Business Plan: Enhancing store experience, broadening product selections, and expanding price points($3 - $5) l Opening New Locations and Close Underperforming Locations(Closing 970 FD Locations by end of 2025) l Supply chain enhancements, like implementing new logistics technologies that reduce store-level handling times and improve efficiency l Wage increases in competitive markets to reduce turnover and boost associate satisfaction.
Exclusively Listed By
Broker of Record
-
John Horowitz
Senior Vice President/Division Manager
Financing By
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