1-30-15 -- FM Stone is proud to announce that Dollar Tree will open its third Elkhart County store in the former Walgreen’s building at 2200 S. Main Street in Elkhart. FM Stone Real Estate Broker Scott Griffith brokered the sale of the retail building to Millco Acquisition Company LLC who in turn is leasing the building to Dollar Tree. Headquartered in Chesapeake, Va., Dollar Tree is a single-price-point retailer in North America, operating thousands of stores across 48 U.S. states and five Canadian provinces. The company offers a broad mix of merchandise and every item is only $1 (or less). The building is currently undergoing renovations in anticipation of a March 20, 2015, opening.
The building, at the southeast corner of Main and Lusher on the south side of Elkhart, had been on the market with FM Stone Commercial for just 47 days before Griffith secured the offer. It had previously been on the market with several other local and national commercial real estate companies for several years. The building has been vacant since 2008. This is the second major retail development at the corner of Main and Lusher that FM Stone has assisted in. In July of 2012 O’Reilly Automotive purchased 0.991 acres on the northeast corner of that same intersection. The entity built a 7,000 SF O’Reilly Auto Parts store there which opened in 2013. FM Stone’s Brent Miller, SIOR, represented the seller of the land in that transaction.