Discount
Dollar Tree
1455 N Acres Rd, Prescott, WI 54021
Listing Price: $2,036,000
Investment Overview
Marcus & Millichap is pleased to present the Dollar Tree located in Prescott, Wisconsin.
The 10,004 square foot building is positioned on about 1.07 acres of frontage along North Acres Road. U.S. Highway 10 runs directly in front of the property and is the main thoroughfare in Prescott. Prescott is 33 miles outside of Minneapolis, home to more than 425,000 people.
Dollar Tree signed an original ten year lease, that is estimated to commence on October 15, 2024, which leaves a future investor with a full lease term. Dollar Tree’s lease is classified as modified triple net, with the Landlord being responsible for the roof and structure. There are four, five-year renewal options with rent increases in each option, providing rent growth and a hedge against future inflation.
Dollar Tree has more than 15,280 locations and is publicly traded on the New York Stock Exchange under the ticker symbol “DLTR”.
Dollar Tree
Investment Highlights
- Brand-New 2024 Build-to-Suit Construction
- Estimated Delivery of June 17, 2024 | Lease Commences on the Earlier of 120 Days from the Delivery Date or the Date the Tenant Opens
- Full 10-Year Lease Term
- Modified Triple Net Lease | Landlord Responsible for the Roof & Structure
- Four, Five-Year Renewal Options Available
- Rent Increases in each of the Four, Five-Year Renewal Options Providing Rent Growth & Hedge Against Future Inflation
Listing Price: $2,036,000
Investment Highlights
- Brand-New 2024 Build-to-Suit Construction
- Estimated Delivery of June 17, 2024 | Lease Commences on the Earlier of 120 Days from the Delivery Date or the Date the Tenant Opens
- Full 10-Year Lease Term
- Modified Triple Net Lease | Landlord Responsible for the Roof & Structure
- Four, Five-Year Renewal Options Available
- Rent Increases in each of the Four, Five-Year Renewal Options Providing Rent Growth & Hedge Against Future Inflation
Investment Overview
Marcus & Millichap is pleased to present the Dollar Tree located in Prescott, Wisconsin. The 10,004 square foot building is positioned on about 1.07 acres of frontage along North Acres Road. U.S. Highway 10 runs directly in front of the property and is the main thoroughfare in Prescott. Prescott is 33 miles outside of Minneapolis, home to more than 425,000 people. Dollar Tree signed an original ten year lease, that is estimated to commence on October 15, 2024, which leaves a future investor with a full lease term. Dollar Tree’s lease is classified as modified triple net, with the Landlord being responsible for the roof and structure. There are four, five-year renewal options with rent increases in each option, providing rent growth and a hedge against future inflation. Dollar Tree has more than 15,280 locations and is publicly traded on the New York Stock Exchange under the ticker symbol “DLTR”.
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