Dollar Tree has 9 years remaining on an initial 10-year NNN lease with $0.50 PSF rental increases in three 5-year renewal options. This offering is fee simple, free standing, and the landlord is responsible for roof and structure. The subject property has brand new 2017 construction! The tenant, Dollar Tree Stores, Inc. is a Fortune 200 Company with S&P “BBB-“ credit rating and Moody’s Baa3 rating, operating more than 14,800 stores in 48 states, District of Columbia & 5 Canadian provinces.
Dollar Tree is located in Sugar Tree, Missouri with high driveby visibility where traffic counts exceed 34,010 CPD! This property is only 6 miles from Arrowhead Stadium ((home of the Kansas City Chiefs – a professional football arena) & Kauffman Stadium (home of the Kansas City Royals pro baseball) and a 20-minute drive from Downtown Kansas City. Nearby retailers include CVS Pharmacy, Save-A-Lot, Dollar General, and AutoZone.
* In Association with Missouri Local Broker: Bryan King, King Realty Advisors #2008036027