Dollar Tree | Relocation Store 3034 Lincoln Ave

Graystone Capital Advisros are pleased to present this single tenant Dollar Tree property located in Peoria, IL. The lease is corporately guaranteed by Dollar Tree, which has an investment grade “BBB” Credit Rating by Standard & Poor’s. This is a relocation site showing Dollar Tree’s commitment to the market and the site was fully renovated when the new ten year lease was signed. Most recently in 2024, a brand new roof was installed.
The asset benefits from nearby direct on/off ramp access into interstate 74 (66,200 VPD), a major commuter highway connecting Davenport, IA to Cincinnati, OH. The asset also benefits from direct access to Interstate 474, just moments down the street, which is a Highway loop route that provides a southwestern bypass around the north-central Illinois city of Peoria - this interstate addition provides a convenient loop around a city.
This Dollar Tree has excellent visibility via significant street frontage and a large pylon sign. It is ideally situated within a dense retail corridor with many surrounding national/credit tenants including Walmart, Hobby Lobby, Kroger, Lowe’s Home Improvement, Petco, Hyvee, and others. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site.
In addition, the asset is near OSF Saint Francis Medical Center (669 beds), an award-winning regional healthcare facility dedicated to providing world-class care. Furthermore, the subject property is surrounded by numerous single-family communities and multi-family complexes, providing a direct residential consumer base from which the site can draw. The 5-mile trade area is supported by over 126,000 residents and 105,300 daytime employees, with an annual average household income of $66,073.