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Informations principales sur l'investissement

  • Prime Location on 2nd Street - 33,000 VPD Traffic Count
  • Located in Saint Cloud MSA Serving Over 200,000
  • Excellent 1031 Exchange Replacement
  • Below Market Lease - Recent Lease Renewal (new expiration 1/31/31)
  • Replacement Oversized 1.8 Acre Parcel w/ Ample Parking

Résumé analytique

CBC Orion Real Estate Advisors are pleased to offer For Sale this Dollar Tree property located in Waite Park, MN. The subject property is a single-tenant, high quality retail building – 100% NNN leased by Dollar Tree. Tenant is under a 20-year triple net lease and recently rolled into their 2nd renewal option (new expiration 1/31/31), showing strong commitment to the location. Lease contains a 6% rent increase at each renewal interval.
This Dollar Tree site is conveniently situated in a prime location on 2nd Street (33,000 VPD traffic count) a major retail and business hub. Strategically located in close proximity to all the major thoroughfares (Highway 23, Hwy 15, 2nd Street & Division Street), major retailers, restaurants and more. The city of Waite Park is included in the Saint Cloud MSA serving over 200,000.

Subject property consists of one – single-story high-quality stucco and brick building consisting of approx. 9,500 SF bldg. on an oversized 1.8 acre parcel. The tenant, Dollar Tree is the 2nd largest dollar store retailer, with over 15,000 locations in North America (approx. $20 billion in annual revenue). Dollar Tree has occupied the building since 2015. Additionally, in 2015 the property had underwent substantial tenant improvements/property enhancements. Building amenities include high quality stucco and brick exterior finishes, oversized parking lot with ample parking in front and back, fully sprinkled, and much more.
Excellent opportunity for qualified investors to acquire this high quality 100% NNN leased investment property in a solid retail market. Excellent 1031 exchange opportunity.
*** Offered For Sale at $1,800,000 ***

Informations sur l’immeuble

Type de vente
Investissement triple net
Condition de vente
1031 Exchange
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
901 m²
Classe d’immeuble
C
Année de construction/rénovation
2003/2015
Prix
1 577 196 €
Prix par m²
1 750,55 €
Taux de capitalisation
6,75 %
RNE
106 461 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,12
Surface du lot
0,74 ha
Stationnement
100 places (110,99 places par 1 000 m² loué)
Façade
30 m sur 2nd St

Caractéristiques

  • Enseigne sur pylône
  • Système de sécurité
  • Signalisation

Principaux occupants Cliquez ici pour accéder à

  • Occupant
  • Secteur d’activité
  • m² Occupés
  • Loyer/m²
  • Type de bail
  • Fin du bail
  • Enseigne
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

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.

Occupant Secteur d’activité m² Occupés Loyer/m² Type de bail Fin du bail
Enseigne 99,999 SF - Lorem Ipsum Jan 0000
Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Plutôt praticable en vélo
50/100

Principaux commerces à proximité

Anytime Fitness
IHOP
Texas Roadhouse
Snap Fitness 24/7
Starbucks
Caribou Coffee
Cash Wise
Orangetheory Fitness
Club Pilates
CrossFit

Taxes foncières

Taxes foncières

Numéro de parcelle
98.60707.0031
Évaluation du terrain
843 449 €
Évaluation des aménagements
199 515 €
Évaluation totale
1 042 965 €
  • ID de l’annonce: 37651016

  • Date de mise sur le marché: 12/09/2025

  • Dernière mise à jour:

  • Adresse: 700 2nd St S, Waite Park, MN 56387

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