Dollar Tree

Investment Overview

Strong Placer AI Ranking: 66th Percentile (2,892 of 8,505 Stores) Nationwide - 75th Percentile Statewide (81 of 328)

Investment Highlights

• Double Net Lease: Requires minimal landlord responsibilities (Roof, Structure, & Parking Lot (Replacement Only)
• Corporate-Guaranteed Lease – 100% leased to Dollar Tree, a publicly traded Fortune 500 company (NASDAQ: DLTR)
• Strong Placer AI Ranking: 66th Percentile Nationwide (2,877 of 8,498 Locations) & 75th Percentile Statewide (80 of 328 Locations)
• Long-Term Lease in Place – The tenant recently executed a new 7-year lease that commenced January 1, 2024
• Attractive Rental Increases – Lease includes two (2), 7-year renewal options with 4% rental increases
• Established Retail Location – The 11,200 SF freestanding store sits on 1.56 acres served the market as a former pharmacy before converting to a Dollar Tree, demonstrating long-term viability of the location.
• Strategic Regional Retail Hub – Located in Roanoke Rapids, the primary commercial center for Halifax County and a regional trade hub serving surrounding rural communities.
• Strong Traffic from Interstate Corridor – The area benefits from proximity to Interstate 95, a major north–south transportation corridor driving consistent local and traveler retail demand.
• Solid Area Demographics – The property serves over 25,900 residents within a 5-mile radius with average household incomes exceeding $64,000, supporting ongoing retail activity.