Discount
Family Dollar | Recent Lease Extension
200 E Liberty Dr, Thorp, WI 54771
Listing Price: $1,073,000
Investment Overview
LOWER RENT & PRICE POINT
• The subject property has a low rent which equates to a low price point of $1,073,000.
RECENTLY EXTENDED CORPORATE NN LEASE WITH DOLLAR TREE
• This Family Dollar Tree has been operating at this location since 2013 and recently extended the lease for an additional 5 years.
• Dollar Tree exercised their first option period and increased the rent in July 2023 which extended the lease through June 2028.
• There are over 4 years remaining on a corporate guaranteed NN lease with Dollar Tree.
• This lease extension & rent increase speaks to Dollar Tree's confidence and dedication to this market & location.
• Tenant is responsible for parking lot, taxes, Insurance, HVAC, and Utilities.
• There are limited Landlord responsibilities which include only Roof & Structure.
• There are 10% rent increases in each of the remaining four, 5-year option periods.
INVESTMENT GRADE TENANT
• Dollar Tree/Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Dollar Tree/Family Dollar operate 16,340+ stores across 48 states and five Canadian provinces.
• Dollar Tree has been in business for 70 years and has a current net worth of over $33 billion.
NEAR EAU CLAIRE | 2ND FASTEST GROWING CITY IN WI
• The subject property is located 30 minutes east of downtown Eau Claire on Highway 29.
• Eau Claire is the 8th most populous city and the second fastest-growing major city in Wisconsin.
• Family-owned farms, food processors and agriculture-related businesses generate thousands of jobs and millions of dollars of economic activity for Eau Claire County
• Home to multiple colleges and universities including the University of Wisconsin – Eau Claire with nearly 10,000 students.
• Chippewa Valley Regional Airport supports 22,820 passengers and over 200K Ibs of cargo per year.
Investment Highlights
- Lower Rent & Price Point
- Recently Extended Corporate NN Lease With Dollar Tree
- Investment Grade Tenant
- Near Eau Claire | 2nd Fastest Growing City In WI
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
Listing Price: $1,073,000
Investment Highlights
- Lower Rent & Price Point
- Recently Extended Corporate NN Lease With Dollar Tree
- Investment Grade Tenant
- Near Eau Claire | 2nd Fastest Growing City In WI
Investment Overview
LOWER RENT & PRICE POINT • The subject property has a low rent which equates to a low price point of $1,073,000. RECENTLY EXTENDED CORPORATE NN LEASE WITH DOLLAR TREE • This Family Dollar Tree has been operating at this location since 2013 and recently extended the lease for an additional 5 years. • Dollar Tree exercised their first option period and increased the rent in July 2023 which extended the lease through June 2028. • There are over 4 years remaining on a corporate guaranteed NN lease with Dollar Tree. • This lease extension & rent increase speaks to Dollar Tree's confidence and dedication to this market & location. • Tenant is responsible for parking lot, taxes, Insurance, HVAC, and Utilities. • There are limited Landlord responsibilities which include only Roof & Structure. • There are 10% rent increases in each of the remaining four, 5-year option periods. INVESTMENT GRADE TENANT • Dollar Tree/Family Dollar is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB. • Dollar Tree/Family Dollar operate 16,340+ stores across 48 states and five Canadian provinces. • Dollar Tree has been in business for 70 years and has a current net worth of over $33 billion. NEAR EAU CLAIRE | 2ND FASTEST GROWING CITY IN WI • The subject property is located 30 minutes east of downtown Eau Claire on Highway 29. • Eau Claire is the 8th most populous city and the second fastest-growing major city in Wisconsin. • Family-owned farms, food processors and agriculture-related businesses generate thousands of jobs and millions of dollars of economic activity for Eau Claire County • Home to multiple colleges and universities including the University of Wisconsin – Eau Claire with nearly 10,000 students. • Chippewa Valley Regional Airport supports 22,820 passengers and over 200K Ibs of cargo per year.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By

