Dollar Tree 101 E Main St 20 000 pi² Commerce de détail Immeuble Crosby, MN 56441 2 997 566 $ CAD (149,88 $ CAD/pi²) 9% Taux de capitalisation

This property offers investors an opportunity to acquire a fee-simple interest in a Dollar Tree-occupied retail building in Crosby, Minnesota. Positioned on a 0.99-acre parcel, the property spans 20,000 square feet in a freestanding format. Dollar Tree operates under a long-term net lease structure, currently featuring approximately 7.5 years remaining on the initial term, along with five 5-year extension options. Limited landlord responsibilities and scheduled rent escalations at the start of each option term enhance stability and income growth potential. The property sits on E Main Street (MN-6), a primary commercial corridor in Crosby with daily traffic counts of 8,000 vehicles. This strategic location offers strong visibility and convenient access, bolstered by proximity to essential retailers such as hardware stores and auto service providers. Positioned in a popular vacation destination known for outdoor recreation, the area attracts consistent local and tourist activity, supporting tenant performance. This investment provides a stable cash flow backed by a nationally recognized retailer and a cap rate of 9.00 percent, delivering strong income security and potential long-term value appreciation.