| Purchase Price | $1,670,000 |
|---|---|
| Annual Rental Income | $132,175 |
| Cap Rate | 7.91% |
| Lease Term | 7 Years |
| City | Paris |
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Dollar Tree – Paris, TN
This property is leased to Dollar Tree, a top-tier national discount retail operator with over 8,000 stores across the United States. Dollar Tree follows a fixed-price strategy to deliver consistent value to shoppers, offering a broad range of essential goods at an everyday low cost. Paired with a long-term net lease, this store provides an attractive, low-maintenance investment opportunity featuring predictable income and a stable tenant.
Product Offering & Retail Model
Dollar Tree’s inventory spans core everyday items, including household goods, cleaning supplies, pantry staples, snack foods, health and beauty essentials, frozen/refrigerated grocery items, seasonal toys and décor, party supplies, crafts, and pet products. The fixed-price model simplifies store operations, promotes frequent visits, and builds strong customer loyalty—all of which support consistent performance in various economic climates.
Net-Lease Structure
This store operates under a long-term net lease, typically structured as triple-net (NNN) or double-net (NN), in which the tenant is responsible for property taxes, insurance, and maintenance obligations. This arrangement significantly reduces the landlord’s responsibilities and provides steady, passive rental income. For investors, net-leased assets with a creditworthy national tenant like Dollar Tree are especially appealing due to reduced management burden and consistent cash flow.
Paris, TN Market & Demographics
Paris serves as the county seat of Henry County and includes a regional trade area that spans several surrounding communities. The city’s population is approximately 10,000 people, with the trade area increasing that base to around 20,000 residents. The economy is supported by manufacturing, agriculture, healthcare, education, and tourism-related businesses.
Demographically, the average household income in Paris is about $ forty‑eight thousand annually. The mix includes families, seniors on fixed incomes, workers in service and industrial sectors, and students. With a considerable portion of residents earning modest incomes, the demand for affordable goods is high. Dollar Tree’s broad assortment of essential merchandise is well-positioned to meet this need.
Community Role & Consumer Appeal
Dollar Tree fills an important role in Paris by offering convenience and affordability in one location. The store is likely located within easy reach of residential neighborhoods and serves as a primary destination for purchasing everyday necessities. The fixed-price format simplifies shopping decisions for budget-conscious consumers and encourages regular store visits—sustaining foot traffic and sales stability.
Operational and Tenant Quality
As a publicly traded retailer, Dollar Tree is financially strong and reputable. It has consistently demonstrated resilience during economic downturns, bolstered by its focus on essential merchandise. The brand has also proven adept at tailoring store assortments to reflect local demand while retaining its recognizable national identity. With this proven model, Dollar Tree continues to expand into smaller regional markets like Paris, reinforcing the store’s importance to both residents and local investors.
Strategic Placement & Synergistic Impact
Often located near shopping centers, strip plazas, or community hubs, Dollar Tree stores benefit from visibility and accessibility that attract both planned shoppers and impulse buyers. In Paris, this location likely functions as a retail anchor, generating consistent traffic that may also benefit neighboring tenants. Its presence enhances the value and leasing appeal of the broader retail environment.
Investment Advantages
This Dollar Tree location in Paris, TN contributes strategic value as a necessity-based, credit-backed, low-maintenance rental asset. Its alignment with local demographics and national retail stability makes it a compelling choice for investors seeking steady returns with minimal oversight.