- Dollar Tree
- Atlanta, GA
- 7.50% Cap Rate
The subject property is a net lease investment located in Atlanta, GA. The initial ten-year lease term commenced in April 2024. There are three (3) x 5 year options to renew with $6,000 annual rent increases. Built in 2013, the building is 14,280+/- SF on a corner 1.9 acres.
With convenient access off Interstate 85, this Dollar Tree is situated in a dominant retail corridor with traffic counts of over 270,720 vehicles per day. It is surrounded by several national and regional retailers including: BP Gas, Shell Gas, Wendy’s, McDonalds, Captain D’s, Advance Auto Parts, Crossroads Shopping Center and more.
The demographics of this Atlanta suburb (population over 221,000 within 5 miles) are enhanced by the neighboring schools, major colleges, Atlanta Zoo, parks, outdoor venues and sports stadium; All of which add to the appeal of this Dollar Store investment, offering investors a reliable, steady cash flow.