Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Dollar Tree | Pittsburgh, PA 2858 Banksville Rd 10,132 SF Retail Building Pittsburgh, PA 15216 $2,160,030 CAD ($213.19 CAD/SF) 7.65% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Investment-grade Dollar Tree, Inc. (S&P BBB rated) guarantees the lease, providing strong corporate credit support.
Recently renovated asset (2021), including interior and electrical systems, reducing near-term capital expenditure needs.
High-visibility corridor on Banksville Road (26,000+ VPD), less than 4 miles from Downtown Pittsburgh.

Approximately 5 years remaining on the current term, with two 5-year renewal options and ~4% rent increases in option periods.
Dense infill Pittsburgh location with strong population base: 20,000+ (1 mile), 140,000+ (3 miles), and 316,000+ (5 miles).
Strong retail corridor with national tenants including ALDI, Starbucks, PNC Bank, Wingstop, and Sheetz redevelopment activity nearby.

Executive Summary

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 10,132 square foot Dollar Tree located on approximately 0.48 acres in Pittsburgh, Pennsylvania. The property is subject to a NN+ lease with Dollar Tree Stores, Inc., an investment grade tenant rated BBB by Standard & Poor’s. The lease includes more than five years remaining on the current term, with two five-year renewal options and approximately 4% rental increases in each option period, offering embedded long-term income growth. The subject property also benefits from a recently renovated interior and electrical system completed in 2021, helping minimize near-term capital expenditure requirements and reducing deferred maintenance risk.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Storefront

Building Size

10,132 SF

Building Class

Year Built/Renovated

1962/1999

Price

$2,160,030 CAD

Price Per SF

$213.19 CAD

Cap Rate

7.65%

NOI

$165,242 CAD

Tenancy

Single

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.48

Lot Size

0.48 AC

Parking

25 Spaces (2.47 Spaces per 1,000 SF Leased)

Frontage

117’ on Banksville Rd

Major Tenants

Retailer
-
-
Feb 2031

Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.