Listing Agency: Trinity Real Estate Investment Services - Corporate Show Phone

Listed By: Brad Motley · License #586199 Show Phone

Source: Moodyscre

Added: Apr 9, 2024 Changed: Oct 25 Last Checked: Nov 1 at 7:29AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate

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Investment Insights

Based on property information with market context.

This is a freestanding Dollar Tree property constructed in 2016. The NN lease requires minimal landlord responsibilities, covering only the roof and structure. The tenant is Dollar Tree Inc. ($DLTR), which offers a strong corporate guaranty with an S&P credit rating of BBB. Dollar Tree experienced an 8.00% increase in revenue in fiscal year 2023. The property is located along N Main Street, which has a daily traffic count of over 10,300 vehicles per day. The surrounding area has healthy demographics for a dollar store, with a population of over 13,500 residents within a 5-mile radius. The property is situated near several retailers, including Taco Bell, Tractor Supply, and Wendy's. The building has 9,973 square feet of space and has 1.5+ years remaining on the lease.

Key Highlights

• Strong Corporate Guaranty by Investment Grade Tenant, Dollar Tree Inc. ($DLTR), With an S&P Credit Rating of BBB
• NN Lease Requiring Minimal LL Responsibilities for Roof & Structure Only
• 2016 Build Dollar Tree with 1.5+ Years Remaining

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dollar Tree Discount Store

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Storage Facility HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - NN leased Dollar Tree with corporate guaranty for sale.

Where is this storefront property located?

The property is located at 1707 N Main St Rushville, IN.

What is the asking price?

The asking price for this property is $1,246,625.

What are key features of this property?

This property features: Strong Corporate Guaranty by Investment Grade Tenant, Dollar Tree Inc. ($DLTR), With an S&P Credit Rating of BBB; NN Lease Requiring Minimal LL Responsibilities for Roof & Structure Only; 2016 Build Dollar Tree with 1.5+ Years Remaining