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Dollar Tree

935 US-90, Madison, FL 32340

Listing Price: $1,455,000

Cap Rate
6.75%
Tenant Name
Dollar Tree Stores, Inc.
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
16,502
Lease Type
Double Net
Rent Per Square Feet
$5.95

Investment Overview

Dollar Tree operates under a new, 10-year corporate lease with five, five year renewal option periods. The lease is double net with minimal landlord responsibilities, which include (but are not limited to) the building’s roof, structure, parking lot and HVAC (replacement only). The lease comes with a corporate guarantee from Dollar Tree Stores, Inc. In March 2008, the company created Dollar Tree, Inc., a new parent holding company, which Dollar Tree Stores, Inc. operates under.

Investment Highlights

  • New 10-year corporate lease from Dollar Tree Stores, Inc. (Part of Dollar Tree, Inc., a Fortune 200 Company with $25.51 billion in sales and a $7.285 billion net worth)
  • Dollar Tree, Inc. (NASDAQ: DLTR) is a Fortune 200 company with an investment grade credit rating of BBB / Stable from Standard & Poor's
  • Situated along US-90, Madison's main thoroughfare: national retailers located in the immediate area include Winn-Dixie, Burger King, CVS/pharmacy, O'Reilly Auto Parts & more

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Listing Price: $1,455,000

Cap Rate
6.75%
Tenant Name
Dollar Tree Stores, Inc.
Years Remaining On Lease
8.6
Guarantor
Corporate Guarantee
Rentable SF
16,502
Lease Type
Double Net
Rent Per Square Feet
$5.95

Investment Highlights

  • New 10-year corporate lease from Dollar Tree Stores, Inc. (Part of Dollar Tree, Inc., a Fortune 200 Company with $25.51 billion in sales and a $7.285 billion net worth)
  • Dollar Tree, Inc. (NASDAQ: DLTR) is a Fortune 200 company with an investment grade credit rating of BBB / Stable from Standard & Poor's
  • Situated along US-90, Madison's main thoroughfare: national retailers located in the immediate area include Winn-Dixie, Burger King, CVS/pharmacy, O'Reilly Auto Parts & more

Investment Overview

Dollar Tree operates under a new, 10-year corporate lease with five, five year renewal option periods. The lease is double net with minimal landlord responsibilities, which include (but are not limited to) the building’s roof, structure, parking lot and HVAC (replacement only). The lease comes with a corporate guarantee from Dollar Tree Stores, Inc. In March 2008, the company created Dollar Tree, Inc., a new parent holding company, which Dollar Tree Stores, Inc. operates under.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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