• INVESTMENT GRADE CREDIT TENANT
Dollar Tree, Inc. (NASDAQ: DLTR) maintains an investment grade credit rating of BBB (S&P) with a stable outlook, providing investors with secure and predictable income backed by a financially strong, nationally recognized corporation.
• LONG-TERM LEASE
Dollar Tree has over 7.5 years remaining on the lease, offering investors long-term income security through at least 2033.
• CHATTANOOGA MSA LOCATION
The property is located in East Ridge, TN, within the Chattanooga, TN–GA MSA, home to approximately 590,000 residents and supported by strong job growth over the past decade driven by healthcare, logistics, manufacturing, and education employers, fueling consistent retail demand and long-term tenant stability.
• PASSIVE LEASE STRUCTURE
The tenant operates under a Double Net (NN) lease, with landlord responsibilities limited to the roof, structure, and parking lot, providing a largely passive ownership profile.
• DENSE RETAIL CORRIDOR
Positioned along Ringgold Road with traffic counts exceeding 21,000 vehicles per day, the property is surrounded by national retailers including Save A Lot, The UPS Store, Food City, Walmart Neighborhood Market, Bojangles, and others, reinforcing strong traffic and co-tenancy synergies.
• TAX-FREE STATE
Tennessee has no state income tax, enhancing after-tax returns and making the state an attractive destination for long-term real estate investment