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Dollar Tree 1320 Maple Ave 10,241 SF Retail Building Terre Haute, IN 47804 $1,890,000 ($184.55/SF) 7.45% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Brand-New 10-Year Lease
  • Great Access with a Signalized Hard Corner & High Traffic
  • Less Than 1 Mile from Union Hospital
  • Corporately Guaranteed - Dollar Tree, Inc. (S&P: BBB)
  • Strong Neighborhood Location with Dense Population

EXECUTIVE SUMMARY

Northmarq, on behalf of ownership as its exclusive advisor, is pleased to offer for sale the fee simple interest located at 1320 Maple Avenue, Terre Haute, IN (the “Property”). Encompassing ±10,241 SF on ±1.17 acres, the Property was first built in 2000 and has been remodeled in 2024 and is now occupied by Dollar Tree. Dollar Tree is operating under a brand-new 10-year lease NN expense structure with limited landlord responsibilities. The lease also includes $0.50 per square foot rental increases at the beginning of each option. The lease is signed by Dollar Tree Stores, Inc. and carries the full corporate guaranty. Dollar Tree is an investment grade tenant rated BBB by S&P. Dollar Tree operates 16,300+ locations across 48 states and reported revenue of $16.78+ billion in 2024. The Property benefits from its location in Terre Haute, which is located along I-70 in between St. Louis and Indianapolis. The Property is sandwiched between two signalized intersections and features three access points. More than 35K+ VPD pass by the site on a daily basis. The Property is well located for Dollar Tree with 16K+ households to support it.
In Association With: Tom Fritz, IN #RB14048630

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,241 SF
Building Class
B
Year Built/Renovated
2000/2024
Price
$1,890,000
Price Per SF
$184.55
Cap Rate
7.45%
NOI
$140,814
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.33 AC
Zoning
C-5 - C-5 - Commercial Entertainment District -- Allows for a multitude of commercial uses and options to re-tenant or re-develop.
Frontage
269’ on Maple Ave

AMENITIES

  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

CrossFit
Fifth Third Bank
Old National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 84-06-10-460-019.000-002
  • 84-06-10-460-028.000-002
Land Assessment
$48,500
Improvements Assessment
$542,900
Total Assessment
$591,400
  • Listing ID: 37347679

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 1320 Maple Ave, Terre Haute, IN 47804

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