Family Dollar | Dollar Tree Spring Hill, Ks

Highlights:

• 9 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF rental escalations every 5 years in renewal options
• In July 2015, Dollar Tree (NASDAQ: DLTR | S&P Credit Rating BBB | Moody’s Baa2 Rating | Fortune 200 Company) completed the acquisition of Family Dollar, creating combined organization operating 16,397 stores across 48 states and five Canadian provinces as of May 4, 2024. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.
• Latest dual-branded format store offering both Family Dollar/Dollar Tree merchandise under one roof!
• Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St with traffic counts of 5,233 CPD - 1/2 mile east of US-169 (19,522 CPD)
• AFFLUENT 2024 DEMOGRAPHICS: 2024 Population (5-mi) 89,416 | 2024 Average Household Income (1-mi) $153,335

Description:

Family Dollar 9 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF rental escalations every 5 years in renewal options. In July 2015, Dollar Tree (NASDAQ: DLTR | S&P Credit Rating BBB | Moody’s Baa2 Rating | Fortune 200 Company) completed the acquisition of Family Dollar, creating combined organization operating 16,397 stores across 48 states and five Canadian provinces as of May 4, 2024. Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada. Latest Dual Branded Format Store Offering Both Family Dollar/Dollar Tree Merchandise Under One Roof! Opened in 2023.

The Asset is Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St. with traffic counts of 5,233 CPD - 1/2 mile east of US-169 (19,522 CPD). Spring Hill has retailers such as Hobby Lobby, Walmart, Dollar General, Napa Auto Parts, Price Chopper, The Home Depot, Target, Aldi, General Mills, GM, Nebraska Furniture Mart, Best Western Plus, Motel 6, Valvoline, Garmin, Dillard’s, Sutherlands, CVS, Hy-Vee, Walgreens, CareNow Urgent Care, FedEx Office, JC Penney, Amazon, Geico, Embassy Suites, Holiday Inn Express, Sports Clips, Scooters Coffee, Starbucks, Dutch Bros Coffee, Costco Wholesale, Radisson Hotel, TJ Maxx, Homegoods, David’s Bridal, Sam’s Club, DSW, Mattress Firm, The UPS Store, Meineke, Northern Tool + Equipment, Nordstom Rack, Chase, Staples, Shoe Carnival, Petco, Macy’s, Best Buy, ROSS, Bath & Body Works and Academy Sports + Outdoors; 38 miles from The University of Kansas - a public research university with its main campus in Lawrence, Kansas. Enrollment at the Lawrence and Edwards campuses was 23,958 students, and employs 4,776 faculty members.; 29 miles from University of Missouri-Kansas City - a public research university in Missouri with enrollment exceeding 16,000 students; 30 miles from Saint Luke’s Hospital of Kansas City - the largest faith-based care hospital in the region—offering many specialized programs and 629 beds.

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