Dollar Tree 7505 Hancock Dr

Investment Highlights

Grade Tenant ? Dollar Tree (NASDAQ: DLTR) is an investment grade tenant based on a BBB rating by S&P. Complete Interior Remodel in 2023 Perfect for 1031 exchange at a price of $1,343,888 and a very favorable cap rate of 7.55%. Net Leased Property ? Minimal landlord responsibilities!! Long Term Corporate Lease ? 10-year lease with 4 (5 year) option periods. Approx. $0.50 PSF rental increases in primary term and in each of the four o Extra large lot of over 2 acres !!!

Executive Summary

Please click left side under picture for complete Offering Memo. For more details or to make an offer please call Ray Pardilla: 707.652.8363 New 10 year lease in fully renovated Dollar Tree!!! Approx 65 miles from Chicago. The property is Net Net Leased with minimal landlord responsibilities. The Lease contains 4 (5 year) options to renew, each with a $0.50 PSF rental rate increase and is corporately guaranteed by Dollar Tree which currently holds an S&P ?BBB? investment Grade rating.Rent commencement expected to be February 2023.This Family Dollar | Dollar Tree store is highly visible as it is strategically positioned just off the corner of Hancock Dr. and E Wonderlake Dr. with neighbors such as The Wonder Lake Marina and Subway.Perfect for 1031 exchange at a price of $ 1,308,888. and a very favorable cap rate of 7.65%.Email: drayden.pardilla@lemrx.com Phone: 707.652.8363Please email us your buying criteria and we will send you other off/on market deals that meet your criteria.$100,000 Fee if the above is purchased as a portfolio of 3 properties including:7505 Hancock Dr, Wonder Lake, IL 600973861 Auburn St, Rockford, IL 61101$100,000 Fee for 3 Property Purchase.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Retail
• Building Size    12,320
• Building Class    C
• Year Built    2023
• Price    1,343,888
• Price Per SF    109
• Cap Rate    7.55
• NOI    101,464
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.12
• Land Acres    2.45 AC