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Dollar Tree (2024 Construction)
612 2nd Ave SW, Cresco, IA 52136
Listing Price: $1,835,000
Cap Rate
7.60%
Tenant Name
Dollar Tree
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$13.95
Investment Overview
Marcus & Millichap is pleased to present the Dollar Tree in Cresco, Iowa.
Dollar Tree (2024 Construction)
Investment Highlights
- 2024 Build-to-Suit Construction | Zero Near-Term Deferred Maintenance Risk
- 8.75 Years Remaining on Base Lease Term
- Rare Self-CAM Location (Tenant Handles all CAM Directly)
- Dollar Tree Opened 525 New Stores in 2024 & have Opened 148 New Stores so far in 2025 through Q1
- Dollar Tree Completed the $1.01B Sale of Family Dollar on July 7, 2025
Broker of Record
Listing Price: $1,835,000
Cap Rate
7.60%
Tenant Name
Dollar Tree
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$13.95
Investment Highlights
- 2024 Build-to-Suit Construction | Zero Near-Term Deferred Maintenance Risk
- 8.75 Years Remaining on Base Lease Term
- Rare Self-CAM Location (Tenant Handles all CAM Directly)
- Dollar Tree Opened 525 New Stores in 2024 & have Opened 148 New Stores so far in 2025 through Q1
- Dollar Tree Completed the $1.01B Sale of Family Dollar on July 7, 2025
Investment Overview
Marcus & Millichap is pleased to present the Dollar Tree in Cresco, Iowa.
Broker of Record
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