Dollar Tree - Dublin, VA 4801 Cleburne Blvd 10,000 SF Retail Building Dublin, VA 24084 $1,533,333 ($153.33/SF) 7.50% Cap Rate

INVESTMENT HIGHLIGHTS

  • BUILD-TO-SUIT DOLLAR TREE - MINIMAL LANDLORD RESPONSIBILITIES
  • STRATEGIC LOCATION & EXCELLENT SITE-LEVEL VISIBILITY The subject property benefits from its location on Cleburne Blvd (Hwy 100)
  • PREMIER DISCOUNT BRAND Headquartered in Chesapeake, VA, Dollar Tree is one of the premier brands in the discount variety store space.
  • CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT
  • WORLD’S LARGEST VOLVO MANUFACTURING PLANT Less than 3 miles from the property is Volvo Trucks North America

EXECUTIVE SUMMARY

PRICING - $1,533,333
CAP RATE - 7.50%
NOI - $115,000
LEASE TERM - 7.5+ YEARS
GUARANTEE - CORPORATE

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,000 SF
Building Class
B
Year Built
2023
Price
$1,533,333
Price Per SF
$153.33
Cap Rate
7.50%
NOI
$115,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.01 AC
Zoning
CM1 - Commercial Manufacturing Wholesale, Storage, Clinics, Limited Manufacturing, Limited C2 Uses, R3 Uses

AMENITIES

  • Corner Lot
  • Signage
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 10,000 SF
  • -
  • Double Net
  • Jan 2033

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 10,000 SF - Double Net Jan 2033

NEARBY MAJOR RETAILERS

Atlantic Union Bank
Waffle House
Fazoli's

PROPERTY TAXES

  • Listing ID: 31406650

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 4801 Cleburne Blvd, Dublin, VA 24084