Dollar Tree
Roanoke, VA


Price: $1,437,440
Cap Rate: 6.25%
Gross Leasable Area: 8,984 SF
NOI: $89,840

  • Newly Executed 7-Year Lease
  • Excellent Retail Synergy
  • Attractive Corporate Guarantee
  • Strong Traffic Counts
  • Dollar Tree Headquarters is Located in Virginia

The subject offering is a Dollar Tree located in a prime retail corridor of Roanoke, VA. Located along I-581 and directly across from Valley View Mall, this storefront has high visibility and sees heavy traffic counts. As a newly converted Pier 1, this location has a brand new lease which commenced on January 20, 2022. With 7 years in the initial term, the lease offers 5% rent increases in each of its five, 5-year options. This offering provides an incoming investor the opportunity to acquire a highly sought-after tenant in a major metro.

The property is located in an area surrounded by retail, dining, and hospitality options. The Valley View Mall was purchased a few years ago and has had significant improvements since then. The Roanoke-Blacksburg Regional Airport is also located less than 2 miles away.

$1.4M | Closed Transactions | Double-Net | Net-Leased | Opportunity Zone | STNL | Virginia