Retail

Dollar Tree & O'Reilly Auto Parts - Zimmerman

25945 Gateway Dr Zimmerman, Minnesota United States 55398-5300
Asking Price
Area Size
NOI Net Operating Income
NIY

Attributes

Year Built 2000
Building Area Gross

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale the fee-simple interest in a newly developed, NNN-lease Dollar Tree & O'Reilly Auto Parts store in Zimmerman, MN. Dollar Tree, Inc. (NASDAQ:DLTR), a Fortune 200 company, is a leading operator of discount variety stores that has served North America for more than thirty years. O'Reilly Automotive, Inc. (NASDAQ:ORLY) is one of the largest retailers of auto parts and accessories in the United States. Located in the Minneapolis-St. Paul metro area, this property is leased to credit tenants, each with a history of sustained growth. 

Investment Highlights

  • Dual credit-tenant building with both tenants carrying investment-grade ratings
  • Pandemic & recession proof tenants with stable growth through both the Great Recession of 2009 and the COVID-19 Pandemic
  • High growth market with Zimmerman posting 25% growth in the last decade
  • High traffic high visibility location along Highway 169 (30,000 VPD)
  • Net leases and fully renovated building with minimal landlord duties
  • Metropolitan support located in the Twin Cities metropolitan area


Last Updated Date: 29 Mar 2022

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Last Updated Date: 29 Mar 2022

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