440 Oxford State Rd
Middletown, OH 45044
Dollar Tree (Kroger Outparcel) · Retail Property For Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar Tree property positioned within the Cincinnati MSA in Middletown, Ohio. Dollar Tree signed a new 10-year lease through November 2036. The lease contains two 5-year renewal options with $0.50 PSF increases in each. Additionally, Dollar Tree maintains an investment grade “BBB” rating from Standard & Poor’s. The property recently underwent capital improvements, including a brand-new HVAC system and a fully repaired and seal-coated parking lot, minimizing near-term capital expenditures for a prospective owner.
The 10,110 square-foot building bene?ts from its position on a Kroger outparcel, which drives continual traffic ?ow through the corridor. The property also sits on a signalized hard corner along Oxford State Road (16,000 VPD), in close proximity to State Route 4 (17,000 VPD). Neighboring retailers include Kroger Fuel, McDonald’s, and Speedway. The trade area is anchored by the nearby Cleveland-Cliffs Middletown Works steel plant, a major regional employer that has attracted more than $500 million in U.S. Department of Energy-backed capital investment, supporting long-term area employment and daytime trade. The immediate trade area is further supported by more than 91,000 residents within a ?ve-mile radius, with an average household income exceeding $96,000.
Dollar Tree, Inc. (NASDAQ: DLTR) is a leading American discount retailer headquartered in Chesapeake, Virginia. Founded in 1986, the company operates its stores under the Dollar Tree banner, offering a broad assortment of consumables, household goods, seasonal merchandise, and party supplies. The company’s signature multi-price format, anchored by its core $1.25 price point and expanded higher price tiers, has made Dollar Tree one of the most recognized value retailers in North America, with more than 9,300 stores across the United States and Canada. Dollar Tree continues to expand aggressively, with plans to open approximately 400 new stores in 2026 as it scales its multi-price merchandising strategy nationwide.