Price: $4,275,000
Cap Rate: 6.35%
NOI: $271,500
Lease Type: Double Net (NN)
Guarantor: Corporate
DUAL-TENANT, CORPORATE-BACKED RETAIL ASSET WITH STABILIZED CASH FLOW (NASDAQ: DLTR / NASDAQ: ORLY)
The property is 100% leased to Dollar Tree and O’Reilly Auto Parts, both operating under long-term, corporate-guaranteed leases, providing two independent income streams and reduced singletenant risk.
LONG-TERM LEASE STRUCTURES WITH BUILT-IN RENT GROWTH
Dollar Tree is secured by a 10-year double-net lease with three 5-year options, while O’Reilly Auto Parts operates under a 15-year double-net lease with four 5-year options, offering durable cash flow and longterm rollover protection.
ESSENTIAL-NEEDS TENANTS DRIVING DAILY TRAFFIC
Both tenants serve necessity-based retail demand, supporting consistent performance across economic cycles and reinforcing long-term site viability.
NEW-CONSTRUCTION ASSET WITH LANDLORD-FAVORABLE EXPENSE STRUCTURE
Built in 2025, the property features double-net leases with expense recoveries, limiting landlord responsibility while preserving predictable operating margins.