DOLLAR TREE | NN Lease

14800 Pulaski Road, Midlothian, IL

$970,588

Price

8.5%

Cap Rate

$82,500

NOI

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Street
Map
Overview
Cap Rate
8.5%
NOI
$82,500
Building Size
10,800 sqft
Lot Area
0.76 acres
Highlights
  • INVESTMENT GRADE CREDIT TENANT: Family Dollar/Dollar Tree (NASDAQ: DLTR) is an investment-grade rated tenant (S&P: BBB).
  • RECENT LEASE EXTENSION: Dollar Tree recently extended their lease by exercising their first renewal option. This leaves two additional five year options with 6% rental increases in each remaining option.
  • STRATEGICALLY LOCATED: This site benefits from a heavily trafficked, signalized intersection boasting nearly ±18,000 VPD along Pulaski Road and ±17,000 VPD along 148th St.
  • EXCELLENT DEMOGRAPHICS: This Dollar Tree’s primary trade area serves the 5 mile radius. Within this radius, there is an estimated population of 250,000 people and an average household income over $75,000.
  • EXCELLENT DEMOGRAPHICS: This Dollar Tree’s primary trade area serves the 5 mile radius. Within this radius, there is an estimated population of 250,000 people and an average household income over $75,000.
  • CHICAGO MSA– Chicago is the third largest economy and populus in the nation. The Chicago MSA is home to nearly 10 million people with a vibrant business climate, diversified economy, and geographic location.
Documents
Title
Offering Memorandum
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Location
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