Orlando, FL - Dollar Tree
2814 Curry Ford Rd,
Orlando,
FL 32806
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, corporate signed, investment grade (S&P: BBB), Dollar Tree investment property located in Orlando, FL. The tenant, Dollar Tree Stores, Inc., has just under 7 years of firm term remaining with 2 (5-year) option periods left to extend. The lease features scheduled $0.50 PSF rental increases at the beginning of each option, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is NN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. Dollar Tree is a nationally recognized and established discount store chain with over 16,000 stores in operation. Dollar Tree is strategically located at the hard corner intersection of Curry Ford Road and Peel Avenue, averaging a combined 44,200 vehicles passing by daily. The asset benefits from nearby access onto State Highway 15 (30,000 VPD), State Highway 408 (141,500), and Interstate 4 (167,000 VPD), making this an ideal and centralized location with easy commutes for employees and customers. The subject is ideally situated beside Crystal Lake Plaza, a 54K+ SF Neighborhood Center anchored by Winn-Dixie. The other nearby shopping centers include Dover Shores (45K+ SF), Conway Plaza (121K+ SF), Century Plaza (132K+ SF), and others. The surrounding tenants consist of Publix, ALDI, CVS Pharmacy, AutoZone, ACE Hardware, and others. The strong national/credit tenant presence drives a steady stream of local consumers from the area and promotes crossover store exposure for the site. Furthermore, the subject is near numerous single-family communities and multi-family complexes including Hampton Terrace (40 units), Cloverdale (65 units), Whitney Groves Apartments (224 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 326,700 residents and 264,400 daytime employees, with a healthy average household income of $90,066.
Contact
Broker or Owner Contact
Britt
Raymond
,
Phone: (704) 517-4712
britt.raymond@srsre.com
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ED Contact
Robert
Collins
Orlando Utilities Commission
100 W Anderson St
Orlando,
FL
32801
Phone: (407) 423-9100
rcollins@ouc.com
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Building
Property ID |
901 |
Building Size |
14511 |
Site Size (acres) |
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Zoning |
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Year Built |
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Number of Drive-In Doors |
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Number of Dock-In Doors |
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Clearance Height |
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Drive-in Doors |
no |
Sprinklered |
no |
Parking Ratio |
0 |
Updated |
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Number of Parking Spaces |
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Parking |
no |
HVAC |
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Pricing
For Sale |
yes |
Sale Price |
2713000 |
For Lease |
no |
Lease Type |
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Lease Cost |
0 |
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Geographic and Infrastructure
Latitude |
28.5234614 |
Longitude |
-81.3470745 |
County |
Orange County |
Rail Access |
no |
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Utilities
Service to Property |
no |
Electric Provider |
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Gas On Site |
no |
Gas Provider |
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Water On Site |
no |
Water Provider |
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Fiber Optics |
no |
Telecom on Site |
no |
Sewer On Site |
no |
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Active |
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2713000 |
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