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Agent Details

Dollar Tree Strip

Price

$1,750,000

StripCenter Highlights

  • Replaceable Rent: Your Dollar Tree Strip Center has the lowest rent/SF of the 13 tier-two strip centers currently on the market in Virginia, paying $7.31/SF. Of the 823 tier-two strips on the market nationally, your Dollar Tree strip ranks #776/823, falling in the bottom 6% of rent/SF nationally.

  • Below Replacement Value: Your Dollar Tree Strip is priced at $1.75m, which amounts to a purchase price of $87 per SF. To build a center like this today would cost well over $87/SF, leading a purchase price below replacement value for this center.

  • Essential Tenant Mix: Dollar Tree, PT Solutions, and Blue Ridge Nails each serve a distinct category of consumer, making the rent roll structurally resistant to forces that erode traditional retail occupancy. Together they function less like a traditional retail strip and more like essential community infrastructure. The result is a tenant mix that performs across economic cycles rather than despite them.

Cap Rate

7.45%

NOI

$130,384

Year Built

1964

Occupancy

100%

Building SF

20,086

3 Mile HHI

$72,576

Units/Bays

3

Lot Size

1.95 Acres

3 Mile Pop

8,904

Property Features

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