Investment Overview
Single Tenant Free Standing Dollar Tree
Investment Highlights
- National Credit Tenant: Leased to Dollar Tree (NASDAQ: DLTR) — a Fortune 500 retailer with 16,000+ locations nationwide, offering strong financial backing and long-term stability
- Recent 5-Year Lease Extension: Tenant recently executed an early 5-year lease extension, demonstrating long-term commitment to the site
- High-Traffic Urban Location: Prime visibility on S Ashland Ave, a busy commercial artery with over 29,000 VPD, enhancing customer accessibility and brand exposure
- Dense Infill Demographics: Located in Chicago’s Auburn Gresham neighborhood, with a population exceeding 300,000 residents within a 3-mile radius, supporting sustained retail demand
- Established Retail Corridor: Adjacent to Walmart and Surrounded by national and regional tenants such as Burger King, AutoZone and local grocers, drawing consistent foot traffic to the area
- Proximity to Downtown Chicago: Just 9 miles from the Loop, benefiting from excellent regional access, public transportation, and ongoing South Side investment