1595 Palm Bay Rd NE
Palm Bay, FL 32905
Dollar Tree · Retail Property For Sale

Dollar Tree, Inc. is a customer-oriented, value-driven variety store operating at a one dollar price point. Headquartered in Chesapeake, Va., Dollar Tree is the largest and most successful single-price-point retailer in North America, operating over 14,300 stores across 48 contiguous U.S. states and five Canadian provinces, supported by a solid and scalable logistics network. For fiscal 2016, Dollar Tree opened 584 new stores, exceeded $20 billion in sales, delivered record earnings, and continued to make significant progress on the integration of Family Dollar after its acquisition on July 6, 2015. Consolidated net sales for the year increased by 33.7 percent to $20.72 billion from $15.50 billion in the year previous. The $5.22 billion increase was the result of $4.42 billion in incremental net sales from the acquired Family Dollar stores, sales from new Dollar Tree stores, and a 1.8 percent same-store sales increase. The company estimates that consolidated net sales for fiscal 2017 will range from $21.94 billion to $22.33 billion. Palm Bay is a principal city of the Palm Bay-"Melbourne"-Titusville MSA, which had a population of 543,376 at the 2010 census. Palm Bay is perfectly located on the state's east central coast (the Space Coast) between Jacksonville and Miami. Cape Canaveral and Kennedy Space Center are about an hour north of the city. Orlando, drawing more than 62 million annual visitors to its tourist attractions and theme parks, is approximately one hour northwest. Palm Bay is served by major roads U.S. 1 and Interstate 95. Additionally, Palm Bay is served by Orlando Melbourne International Airport, which generates over $1 billion annually in economic activity, and Port Canaveral, a cruise, cargo, and naval port that is one of the busiest cruise ports in the world. Palm Bay is home to a growing residential and business community. Palm Bay' s growth and success is due, in part, to local and regional resources, a highly educated workforce, competitive incentives, and a competitive, stable tax structure. The community has a distinctive blend of new and established business clusters that are strategically designed to succeed.