Dollar Tree

729 Highway 100 - Centerville TN 37099

LTV (Loan to Value)	65.00%	Current NOI	$44,550.00
Interest Rate	4.250%	Capital Rate	8.000%
Fixed Term	10 Years	Land Area	0.93 Acres
Amortization	25 Years	Lease Type	NN
Loan Amount	$362,050.00	Property Type	Retail
Payment	$1,961.36	Property Lease	Discount Store
Bulding Size	8,100 SF	Remaining Terms	4.5 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors an 8,100 square-foot freestanding Dollar Tree property located in Centerville, TN. Dollar Tree is operating under a brand-new five (5) year double net (NN) lease with 7% - 9% increases in each of the three (3), five (5) year option periods. The property is strategically located in the market of Centerville, Tennessee, situated to serve the tenant’s targeted demographic.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

Corporate Guarantee – The Property’s lease is guaranteed by Dollar Tree, Inc. (NASDAQ: DLTR), which has reported total annual sales…

Property Description

Centerville is located in the heart of Hickman County, Tennessee. Its prime geographic location is within a few hours driving distance of many major cities in the southeastern United States. Industry in the area includes manufacturers of packaging materials, metal buttons, various wood products, structural steel, ammunition, pies, and illuminated signs. Over 50,000 acres of timberland is owned by national pulp, paper, and timber corporations and is open to the public for hunting, hiking, and fishing.