Dollar Tree | 1455 N Acres Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dollar Tree 1455 N Acres Rd
10,004 SF Retail Building Prescott, WI 54021 $2,036,000 ($204/SF) 7% Cap Rate
Investment Highlights
- Brand-New 2024 Build-to-Suit Construction
- Full 10-Year Lease Term
- Four, Five-Year Renewal Options Available
- Estimated Delivery of June 17, 2024 | Lease Commences on the Earlier of 120 Days from the Delivery Date or the Date the Tenant Opens
- Modified Triple Net Lease | Landlord Responsible for the Roof & Structure
- Rent Increases in each of the Four, Five-Year Renewal Options Providing Rent Growth & Hedge Against Future Inflation
Executive Summary
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”.
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”.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,004 SF
Building Class
C
Year Built
2024
Price
$2,036,000
Price Per SF
$204
Cap Rate
7%
NOI
$142,557
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.07 AC
Zoning
C - Commercial
Frontage
318 FT on North Acres Road
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 271-01150-1411 | Improvements Assessment | $0 |
| Land Assessment | $124,100 | Total Assessment | $124,100 |
PROPERTY TAXES
Parcel Number
271-01150-1411
Land Assessment
$124,100
Improvements Assessment
$0
Total Assessment
$124,100
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar Tree | 1455 N Acres Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.