Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

14800 S Pulaski Rd 10,800 SF Retail Building Midlothian, IL 60445 $995,000 ($92.13/SF) 8.63% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel
  • Lease Structure: More than 3 years remaining on a double net lease with minimal landlord responsibilities
  • Target Market: 86,300 residents within 5 miles with average household incomes in excess of $70,000
  • Historical Occupancy: Over 10 years of historical occupancy and recently extended for an additional 5 years
  • Built-in Rental Growth: Scheduled rental increases in each of the two remaining 5-year renewal options
  • Excellent Connectivity: Just 1.5 miles from an I-294 exit, 20 miles from downtown Chicago, and 12 miles from Chicago Midway International Airport

EXECUTIVE SUMMARY

10,800-SF Dollar Tree store situated on a +/-1.52-acre shared parcel. More than 3 years remaining on a double net lease with minimal landlord responsibilities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,800 SF
Building Class
B
Year Built
1952
Price
$995,000
Price Per SF
$92.13
Cap Rate
8.63%
NOI
$85,869
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.52 AC
Zoning
B-2 - Commercial
Parking
44 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
587’ on S Pulaski Rd

AMENITIES

  • Pylon Sign
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 10,800 SF
  • $8.00
  • Double Net
  • Jan 2029

Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 10,800 SF $8.00 Double Net Jan 2029
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

BMO
Old National Bank
Biggby Coffee
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-10-409-025-0000
Land Assessment
$61,714
Improvements Assessment
$111,538
Total Assessment
$173,252
  • Listing ID: 35200154

  • Date on Market: 3/20/2025

  • Last Updated:

  • Address: 14800 S Pulaski Rd, Midlothian, IL 60445

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}