Brawley, CA - Dollar Tree

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed Dollar Tree investment property located in Brawley, California (Imperial Valley). The lease was assigned to Dollar Tree Stores, Inc. in September 2026; Dollar Tree is in possession, began paying rent on October 1, 2026, and is scheduled to open the store in January 2027. The tenant has approximately 10.5 years remaining with 5 (5-year) options to extend. The lease features 10% rental increases throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is signed by the corporate entity (NASDAQ: DLTR) and is NNN with landlord responsibilities limited to roof and structure, making it an ideal, low-management investment opportunity for a passive investor. Headquartered in Chesapeake, Virginia, Dollar Tree is one of North America’s leading discount variety retailers, operating more than 9,400 stores across 48 contiguous states and seven Canadian provinces with $19.4 billion in fiscal 2025 net sales and an investment grade credit rating (S&P: BBB). The building was constructed in 2021 and features modern amenities and design.

Dollar Tree is strategically located near the signalized, hard corner intersection of State Highway 86 and Panno Drive, averaging a combined 22,210 vehicles passing by daily. Furthermore, the asset is directly across from Brawley Gateway, a 180,000 SF regional shopping center anchored by Walmart Supercenter, a premier anchor tenant that significantly increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Other nearby national/credit tenants include Vons, AutoZone, Ace Hardware, Dollar General, O’Reilly Auto Parts, Starbucks, and more. Additionally, the property is within close proximity to future residential developments including Rancho Los Lagos (3,830 units), La Paloma (2,000 units), and Luckey Ranch (869 units), providing a direct consumer base from which to draw. Moreover, the city of Brawley serves as a gateway for tourists traveling to the Imperial Sand Dunes (Glamis), the largest off-road vehicle recreation area in the United States with approximately 1,000,000 visitors per year. The 5-mile trade area is supported by more than 27,000 residents and 7,500 daytime employees. Residents within 1 mile of the subject property boast a healthy average household income of $116,688.

---

Report Listing This listing was syndicated through:

Listing ID: a28TP0000045tmLYAQ