Dollar Tree 2414 N Telegraph Rd Local commercial 929 m² Immeuble 4 étoiles À vendre Monroe, MI 48162 2 361 640 € (2 542,05 €/m²) Taux de capitalisation 7,25 %

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar Tree property positioned within the Detroit MSA in Monroe, Michigan. The property was constructed in 2025 specifically for Dollar Tree’s occupancy and contains a 20-year roof warranty. The property will open in late April 2025 with a new 10-year lease. The lease includes five 5-year renewal options with $0.50 PSF rental escalations at the start of each. This property features a new upgraded prototype with decorative façade. Dollar Tree is an investment-grade tenant, boasting a “BBB” credit rating from Standard & Poor’s.
The 10,000-square-foot building benefits from its position along North Telegraph Road (US 24) which experiences over 30,000 vehicles per day. Dollar Tree is located in a dense retail corridor that is occupied by anchoring retailers Lowe’s, Walmart Supercenter, Meijer, and Kohl’s. Other notable neighboring tenants include Tractor Supply Company, Chick-fil-A, Starbucks, Panera, McDonald’s, Belle Tire, Ford, Aspen Dental, and more. The area boasts a population of over 57,000 within a five-mile radius, with an average household income of $85,924.
Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 16,000 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of 24 distribution centers. Additionally, the company operates stores under the name of Dollar Bills, as well as a multi-price-point variety chain under the Family Dollar banner.