Log In/Sign Up
Your email has been sent.
Dollar Tree 110 Bolivar Rd 15,312 SF 100% Leased Retail Building Wellsville, NY 14895 $1,500,000 ($97.96/SF) 9.12% Cap Rate
Investment Highlights
- Corporate Lease with Long-Term Income Security – The property is leased to Dollar Tree on a corporate-guaranteed lease with ±7.63 years of remaining.
- Strategic Small-Town Location with Regional Pull – Positioned along Bolivar Rd (Route 417) the property sits in Wellsville’s dominant retail corridor.
- High-Barrier, Underserved Market – Wellsville’s rural setting and limited retail development create high tenant stickiness and low competition.
- Established National Retailer with Defensive Profile – Dollar Tree operates ±16,500 locations nationwide with resiliency during economic downturn.
- Recent Capital Enhancements – In 2024, the building received targeted upgrades that improved operational functionality and curb appeal.
Executive Summary
Broker of Record
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Coming to Auction
STARTING BID: $500,000
Bid Dates: Auction Dates: May 4th-6th, 2026
Cory Rosenthal
License No. 10991237833 (NY)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Coming to Auction
STARTING BID: $500,000
Bid Dates: Auction Dates: May 4th-6th, 2026
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,312 SF
Building Class
B
Year Built/Renovated
2002/2024
Price
$1,500,000
Price Per SF
$97.96
Cap Rate
9.12%
NOI
$136,744
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.80 AC
Zoning
03 - Commercial
Parking
45 Spaces (2.94 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Champion Rent To Own
- Rental and Leasing Services
- -
- -
- -
-
- Retailer
- -
- -
- -
Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Champion Rent To Own | Rental and Leasing Services | - | - | - | ||
|
|
Retailer | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 027001-238-007-0003-002-003-0000 | Improvements Assessment | $803,800 |
| Land Assessment | $96,200 | Total Assessment | $900,000 |
Property Taxes
Parcel Number
027001-238-007-0003-002-003-0000
Land Assessment
$96,200
Improvements Assessment
$803,800
Total Assessment
$900,000
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
