Dollar Tree Triple-Net Commercial
For Sale
$1,800,000
1370 N BROADWAY Ave, Bartow, FL 33830
Commercial condo occupied by a long-term Dollar Tree tenant, secured by a triple-net lease through May 2030.
Property Size13,872 SF
Days on Market8
Property Features for 1370 N BROADWAY Ave
General Information
Standard status
Active
Size
13,872 SF
Property subtype
Commercial
Building Details
Building Size
13,872 SF
Year Built
1983
Tenancy
Single
Listing Agency:
VILLAGE REALTY OF WINTER HAVEN
(727) 612-0375
Listed By:
Nancy Cini · License #3268331
(727) 612-0375
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 4 at 9:12AM
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 VILLAGE REALTY OF WINTER HAVEN
Investment Insights
Based on property information with market context.
This commercial condominium is occupied by a long-term Dollar Tree tenant and is secured by a triple-net lease running through May 2030. The structure is designed to limit landlord responsibilities while maintaining dependable rental income from a nationally recognized retailer.
The property is located at 1370 N Broadway Ave in Bartow, Florida 33830. Additional lease options are described to run through 2030–2035 with an 11% rent increase, and another through 2035–2040 with an additional 10% rent bump. The building was constructed in 1983.
For investors evaluating long-term, income-producing commercial real estate with an established tenant and a triple-net lease framework, this asset provides a defined hold period through May 2030 and extension terms with stated rent increases.
The property is located at 1370 N Broadway Ave in Bartow, Florida 33830. Additional lease options are described to run through 2030–2035 with an 11% rent increase, and another through 2035–2040 with an additional 10% rent bump. The building was constructed in 1983.
For investors evaluating long-term, income-producing commercial real estate with an established tenant and a triple-net lease framework, this asset provides a defined hold period through May 2030 and extension terms with stated rent increases.
Key Highlights
- Triple‑net lease in place through May 2030
- Long‑term Dollar Tree tenant occupancy
- Lease options through 2030–2035 with an 11% rent increase
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $241.4k | $17.40 |
| − Vacancy | −$18.8k | −$1.36 |
| EGI | $222.5k | $16.04 |
| − OpEx | −$66.8k | −$4.81 |
| NOI | $155.8k | $11.23 |
13,872 SF · lease $17.40/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.23M
$1.95M – $2.60M
NOI $155,782 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.92M – $3.89M
NOI $233,349 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
583k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 26%
Groceries 13%
Home Improvements & Furnishings 11%
Publix
Groceries
50,650 visits/mo
0.4 miles
Chick-fil-A
Dining
48,487 visits/mo
0.4 miles
McDonald's
Dining
40,381 visits/mo
0.1 miles
Lowe's
Home Improvements & Furnishings
35,402 visits/mo
0.4 miles
RaceTrac
Shops & Services
33,690 visits/mo
0.3 miles
Demographics for 33830, FL
29,926
Population
11,989
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
120.5 sq mi
ZIP Area
248
Density / Sq Mi
$62,636
Median Household Income
$37,078
Median Earnings
$1,017
Median Rent
$207,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Commercial condo occupied by a long-term Dollar Tree tenant, secured by a triple-net lease through May 2030.
Where is this nnn property located?
The property is located at 1370 N BROADWAY Ave Bartow, FL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Triple‑net lease in place through May 2030; Long‑term Dollar Tree tenant occupancy; Lease options through 2030–2035 with an 11% rent increase
