REO Sale: Dollar Tree with 10-Year Lease | Dense Retail Corridor

Highlights:

• Brand New 10-Year Dollar Tree Lease — Dollar Tree opened May 4, 2026, commencing a full 10-year initial term at 429 South Hanover Street (a relocation of an existing store in the market).
• Tenant-Controlled Exterior CAM Structure — Tenant performs all exterior CAM including parking lot sweeping and seasonal snow plowing.
• Four 5-Year Options at $0.50 PSF Bumps — Lease includes four 5-year renewal options, each with a $0.50 PSF rent increase above prior period.
• 14,717 SF Class A on 1.97-Acre Site — Built 2004 and fully renovated in 2026, including a freshly sealed and re-striped parking lot and a new HVAC 2026.
• Signalized Intersection on S Hanover St — Over 79,000 vehicles per day on nearby I-81 with direct access to the Pennsylvania Turnpike.
• Dense Retail Corridor — National Co-Tenancy — Walmart, Target, Lowe's, Home Depot, and Chick-fil-A are all within a half-mile of the site.

Description:

RealINSIGHT Marketplace, in partnership with Zamias Services, is pleased to present 429 South Hanover Street in Carlisle, Pennsylvania, a 14,717 SF single-tenant retail building occupied by Dollar Tree on a brand new 10-year lease that commenced May 4, 2026. Dollar Tree pays $11.25 PSF ($165,566 annually) with tenant responsibility for all exterior common area maintenance, including parking lot sweeping and seasonal snow plowing. The lease includes four five-year renewal options, each with a $0.50 PSF rent step, providing a long runway of contractual income. Built in 2004 and fully renovated in 2026, the property sits on a 1.97-acre site zoned C4 – Neighborhood Commercial at a signalized intersection on South Hanover Street. The location benefits from approximately 79,000 vehicles per day on nearby Interstate 81 and is surrounded by national retailers including Walmart, Target, Lowe's, Home Depot, Kohl's, and Chick-fil-A. With 35,010 residents within three miles and average household incomes of $89,730, Carlisle's Northwest retail corridor supports consistent consumer demand and established co-tenancy.

For more information:
https://rimarketplace.com/auction/3223/retail/carlisle/pa?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=june24_2026&utm_content=retail_3223

Bidding Opens
Jun 22, 2026 12:00 PM
Bidding Ends
Jun 24, 2026 12:00 PM