Dollar Tree Wellsville

Investment Highlights: 

• Corporate‑Guaranteed Dollar Tree Lease:  with approximately 7.9 years of remaining term and four 5‑year renewal options, providing long‑term income visibility.
• Defensive, Essential Retail Tenant: operating over 16,500 locations nationwide, historically resilient through economic cycles.
• Built‑In Rent Growth: with scheduled increases every five years.
• High‑Barrier Rural Market: with limited retail competition, supporting tenant stickiness and long‑term location stability.
• Strong Retail Corridor Location:  along Bolivar Road (NY Route 417), Wellsville’s primary commercial thoroughfare.
• Recent Capital Improvements (2024): reducing near‑term capital needs and enhancing curb appeal.
• Passive Net Lease Structure:  with limited landlord responsibilities.

Offering Summary:  

Matthews Real Estate Investment Services is pleased to present the exclusive offering of a single‑tenant, net‑leased retail property located at 110 Bolivar Road in Wellsville, New York, occupied by Dollar Tree. The approximately 15,312‑square‑foot property is positioned along the town’s primary retail corridor, serving both local residents and a broader regional trade area.

Dollar Tree commenced a 10‑year corporate lease in January 2024, leaving approximately 7.9 years of remaining primary term, with four additional 5‑year renewal options. The lease features scheduled rental increases every five years, providing contractual income growth over the hold period. Landlord responsibilities are limited, with real estate taxes capped per lease provisions, supporting a low‑management ownership profile.

The asset benefits from recent capital enhancements completed in 2024, positioning it for long‑term performance while minimizing future capital expenditures. As an essential, value‑oriented retailer in a high‑barrier rural market, Dollar Tree fulfills a critical role in the local shopping ecosystem, contributing to durable tenancy and long‑term stability.

This offering represents an opportunity to acquire a credit‑backed, net‑leased asset with long‑term lease duration, predictable income growth, and passive ownership characteristics.