1630 Highway K
O'Fallon, MO 63366
Dollar Tree · Retail Property For Sale

Stan Johnson Company (“SJC”), on behalf of Ownership, is pleased to offer for sale the fee simple interest in a single-tenant, long-term, net leased Dollar Tree retail store (“the Property” or “the Dollar Tree”). The Property is located at 231 Megan Ave, O’Fallon (St. Louis), Missouri and consists of ± 10,050 SF. The Lease is corporately guaranteed by Dollar Tree Inc. (Standard and Poor’s: BBB-), the largest and most successful single-price-point retailer in North America. Dollar Tree is one of the largest retailers in North America with over 15,200 stores in operation, sales exceeding $22.8 billion annually and over 182,000 associates. The Property is positioned as an outparcel to the Megan Crossing shopping center (“Megan Crossing”), a 113,985 SF center anchored by Hobby Lobby and Tuesday Morning. Megan Crossing is positioned along Highway K, a highly trafficked retail corridor serving over 43,300 vehicles per day. Major retailers located in the immediate trade area include Home Depot, Walmart, Lowe’s, and Target. The Property is located approximately 1 mile south of Interstate 70, providing high visibility and ease of access. The location is further bolstered by densely populated and affluent local demographics. In the 3-mile radius, there are over 93,000 residents with an average household income of $103,900.