561 Orchard St
New Bedford, MA 02744
Dollar Tree | New 10yr Corp Abs NNN · Retail Property For Sale

Dollar Tree is strategically located near the hard corner intersection of Orchard Street and Swift Street. The site will be equipped with a large pylon sign, creating excellent visibility along Orchard Street. Dollar Tree profits from nearby access to JFK Memorial Highway (23,600 VPD), a major north/south commuter thoroughfare traveling through New Bedford and the greater Massachusetts area. Dollar Tree is ideally situated less than 1 mile northwest from Oceanside Plaza, a 42,000 SF community shopping center anchored by Advance Auto Parts, and Family Dollar. In addition, the property is in the heart of the New Bedford retail corridor with other nearby national/credit tenants including Stop & Shop, 7-Eleven, Dunkin’ Donuts, CVS Pharmacy, Save A Lot Food Stores, McDonald’s, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover retail exposure for Dollar Tree. The asset is less than 4 miles east of University of Massachusetts Dartmouth (8,600+ students), a 710-acre campus that was established in 1895. Moreover, the site is surrounded by several housing communities including Solemar at South Dartmouth (200 units), Temple Landing Apartments (173 units), and The Regency (129 Units), providing a residential consumer base from which to draw. The 5-mile trade area is supported by nearly 134,000 residents and 52,000 daytime employees with an average household income of $71,000.