Dollar Tree 14800 S Pulaski Rd

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar Tree property positioned within the Chicago MSA in Midlothian, Illinois. Dollar Tree has been successfully operating at this location since 2013 and recently signed a 5-year lease extension through 2029, demonstrating commitment to the site. The lease features two 5-year renewal options with 0.50/SF rental escalations at the start of each. Additionally, Dollar Tree is paying significantly below the CoStar submarket rent (Current: $8.00/SF vs Submarket: $18.83/SF). Dollar Tree is an investment grade rated tenant with a “BBB” Standard & Poor’s rating.
The 10,800-square-foot building benefits from its strategic location along Pulaski Road, which sees over 19,000 vehicles per day, and its proximity to 147th Street, which experiences 21,400 vehicles daily. The property is conveniently located 1.5 miles from the interchange between Interstate 57 and Interstate 294, which carry 125,300 and 104,700 vehicles per day, respectively. Within a five-mile radius, there are over 232,000 residents. Those of which earn an average household income of $92,180. The property is also within walking distance of Bremen Community High School, which has an enrollment of approximately 1,450 students. Nearby national retailers include Firestone, McDonald’s, Old National Bank, and several others, further enhancing the area’s commercial appeal.
Dollar Tree, Inc. is an American multi-price-point chain of discount variety stores. Headquartered in Chesapeake, Virginia, it is a Fortune 500 company and operates 16,000 stores throughout the 48 contiguous U.S. states and Canada. Its stores are supported by a nationwide logistics network of 24 distribution centers. Additionally, the company operates stores under the name of Dollar Bills, as well as a multi-price-point variety chain under the Family Dollar banner.