11055 S Western Avenue

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar Tree located in Chicago, Illinois. Dollar Tree

recently signed a new 10-year lease for the subject property. The lease contains three 5-year renewal options with $0.50/SF rent increases

at the start of each. Dollar Tree is an investment grade rated tenant with an S&P rating of BBB. The asset has received several capital

improvements in preparation for occupancy including a newly sealed & striped parking lot, new parking lighting, updated fire sprinkler

system, electrical systems, and an updated monument sign. The HVAC system was also replaced in 2018.

The 15,717 square-foot building benefits from its hard corner position along South Western Avenue which experiences over 27,900 vehicles

per day. Additionally, the subject property is within proximity to Interstate 57 (145,000 VPD). The asset is in an affluent pocket of Chicago where

the average household income is $122,642 within 1-mile. It is also a densely populated area with 449,479 people living in a 5-mile radius.

Neighboring tenants include Fairplay Foods, NAPA Auto Parts, Meineke, PNC Bank, Buona Beef, U-Haul, and several others. Furthermore,

Morgan Park Highschool (1,200+ Students) is located less than one mile east of the property. This is an urban-infill location with high barriers

to entry for new tenants.