Dollar Tree - Montgomery, AL

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in a 10,000 square foot freestanding, under construction Dollar Tree located at 10802 Chantilly Parkway in Montgomery, Alabama (the “Property” or “Asset”). The Asset is 100% leased to Dollar Tree Stores, Inc. (the “Tenant”).

Dollar Tree will operate on a 10.0-year primary lease term with five, five-year renewal options with $0.50/SF rent increases every 5-years throughout those renewal options. Dollar Tree is anticipated to open on October 10th, 2024.

The Property is strategically positioned within a dense Montgomery retail corridor, shadow anchored by Walmart Supercenter, Home Depot and AMC Theaters with more than 3.3 million combined visits annually (Placer.ai). Notably, the Property sits less than 2.5 miles away from The Shoppes at Eastchase, a 750K+ square foot power center that generates more than 3.7 million visits annually and ranks in the top 15% of most visited power centers in AL.