Dollar Tree – Spartanburg, SC

This brand new construction Dollar Tree with a 10 year lease is located in the city of Inman, SC along the I-85 corridor in Spartanburg County. It is approximately one mile north of the booming city of Boiling Springs which has experienced an annual population growth of over 5% per year for the last 5 years.

The subject property benefits from being located in the Greenville-Spartanburg MSA which was named the 12th fastest growing metro area in the country by the U.S. News 2023-2024 Annual Report. Manufacturing in the Greenville-Spartanburg MSA of South Carolina thrives due to its automotive industry presence, aerospace and aviation sector, diverse advanced manufacturing capabilities, skilled workforce, supportive business environment, strategic infrastructure, and overall quality of life. These factors combine to sustain and drive the manufacturing sector’s growth and economic impact in the region. The area’s low cost of living and dense presence of renowned high schools, colleges, and universities have also contributed to the upward trajectory of the region’s population making it an optimal location for a discount retailer such as Dollar Tree to operate and succeed.

Investment Highlights

• Ingress/egress from shared driveway to Hwy. 9
• 20-Year roof warranty
• Boiling Springs (2024 population 12,429) has an annual growth rate of 5.24%
• Close proximity to Lake Bowen (less than 1 mile)
• ±550 new homes under development within 3 miles of Site
• #8 Fastest growing metropolitan area in U.S. (U.S. Census Bureau)
• Investment grade “BBB” credit rating (Standard & Poor’s)
• Dollar Tree has in excess of 15,000 locations in 48 states
• Dollar Tree is a Fortune 150 company
• Publicly traded company on the NASDAQ under ticker symbol “DLTR”
• Annual company revenue in excess of $30.6 Billion