New Dollar Tree for Mobile Updated Jan 31, 2021; Local investors paid $674,154 for 2.53 acres on West 1st Street in Gulf Shores, according to Lydia Franz of Re/Max of Orange Beach commercial division. The property is at the corner of Waterway Boulevard and West 1st Ave., just north of the Intracoastal Waterway and adjacent to the Country Hearth Inn. Dollar Tree has leased a 16,170-square-foot building at 6400 Airport Blvd., in Mobile, according to SRS Real Estate Partners’ Birmingham office. The building at Airport Boulevard and Hillcrest Road is near the University of South Alabama. Martin Smith and Cooper Smith of SRS Real Estate Partners represented the landlord. Dollar Tree operates 15,115 stores in the U.S. and Canada.