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Dollar Tree 1707 N Main St

9,973 SF Retail Building Rushville, IN 46173 $1,891,260 CAD ($190 CAD/SF) 7.50% Cap Rate

Investment Highlights

  • 2016 Build Dollar Tree with 6+ years Remaining
  • Strong Corporate Guaranty by Investment Grade Tenant, Dollar Tree Inc. ($DLTR), With an S&P Credit Rating of BBB
  • Healthy Demographics for a Dollar Store, With 13,500+ Residents Within a 5-Mile Radius
  • Recently Extended NN Lease Requiring Minimal LL Responsibilities for Roof & Structure Only
  • Dollar Tree had an 8.00% Increase in Revenue in Fiscal Year 2023
  • Subject Property is Located Near Several Retailers, Including Taco Bell, Tractor Supply, Wendy's, and Many More

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,973 SF
Building Class
B
Year Built
2016
Price
$1,891,260 CAD
Price Per SF
$190 CAD
Cap Rate
7.50%
NOI
$141,816 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.36 AC

Nearby Major Retailers

Flagstar
Rent-A-Center
Hot Head Burritos
BMO

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
70-07-30-476-005.000-011
Land Assessment
$267,360 CAD
Improvements Assessment
$1,136,982 CAD
Total Assessment
$1,404,343 CAD
  • Listing ID: 33013784

  • Date on Market: 2024-08-30

  • Last Updated:

  • Address: 1707 N Main St, Rushville, IN 46173

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