Dollar Tree

2312 Murfreesboro PK - Nashville TN 37217

LTV (Loan to Value)	65.00%	Current NOI	$115,000.00
Interest Rate	4.250%	Capital Rate	6.500%
Fixed Term	10 Years	Land Area
Amortization	25 Years	Lease Type	NN
Loan Amount	$1,149,850.00	Property Type	Retail
Payment	$6,229.18	Property Lease	Discount Store
Bulding Size	10,000 SF	Remaining Terms	10 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a 10,000 square-foot freestanding Dollar Tree property located in Nashville, TN. The Property is a brand new build-to-suit facility for the tenant.Dollar Tree is operating under a brand-new ten (10) year double net (NN) lease with 4% increases in each of the three (3), five (5) year option periods. The property is strategically located in the market of Nashville, Tennessee, situated to serve the tenant’s targeted demographic, with a population of 68,265 and an average household income of $53,819 within a three (3) mile radius.The property is 100% leased to Dollar Tree (NASDAQ: DLTR), the largest single-price-point retailer in North America. On July 6, 2015, Dollar Tree completed the acquisition of Family Dollar Stores, Inc. making Dollar Tree one of the largest retailers in North America with more than 13,600 stores and 145,000 associates across 48 states and five Canadian provinces.

Highlights

Nashville MSA Location – Property is located in the booming metropolis of Nashville, the state capital of Tennessee. The fourth…

Property Description

Nashville is the capital of Tennessee and the fourth largest city in the Southeastern United States. It is located on the Cumberland River in the north-central part of the state. The city is a center for the music, healthcare, publishing, banking and transportation industries, and is home to numerous colleges and universities. Reflecting the city’s position in state government, Nashville is home to the Tennessee Supreme Court’s courthouse for Middle Tennessee.