Trillium Commercial Realty is pleased to present this 8,550 SF Dollar Tree store located in Oconto, Wisconsin. The property is encumbered with a 7-year modified NNN lease, leaving the landlord with only roof & structure responsibilities. There are currently 3.2 years remaining on the initial term with year over year strong sales growth. There are Four, 5-year options left. There is a $0.50 per square foot rental increase at the start of the 2nd, 3rd, and 4th option period. The lease is corporately guaranteed by Dollar Tree Inc. which holds a credit rating of “BBB”, which is classified as Investment Grade.
This Dollar Tree is highly visible as it is strategically positioned in Oconto, Wisconsin. As the county seat for Oconto County, Oconto maintains strong economic and social ties to its neighboring towns and cities including Little River, Oconto Falls, Lena, and Peshtigo. Oconto is located only 30 miles outside of Green Bay, Wisconsin which has a population of over 100,000. The Green Bay Metropolitan Statistical Area is ranked Wisconsin's 4th largest by Population at over 282,500. The town has a five mile population of over 6,000 people with an average household income of $66,139.
This Dollar Tree is perfectly situated near SUS-41 & the Main Street Interchange near several retail traffic drivers including McDonald's, Kwik Trip, O'Reilly Auto Parts and Thompson's County Market.
The subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Dollar Tree. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant. Please Call Jake Tanner for more information today! 715.456.5923
Newer Construction - Newly constructed site built in 2020 with tenant opening at end of January providing assurance of no deferred maintenance for a future landlord
Public Traded Company - Dollar Tree Inc. is an Investment Grade Company With an S&P Rating of BBB
Minimal Landlord Responsibilities - Modified NNN lease, tenant reimburses for all expenses including CAM, Taxes, Insurance & Administration fees
Location - Located on the main thoroughfare in the area with high traffic counts from several major retailers that include McDonald's, O'Reilly Auto Parts, Kwik Trip, Dollar General & Thompson's County Market
Pandemic Proof - Essential Business that remained unaffected throughout the COVID-19 pandemic. Open and paying rent on time in full with no requests for temporary rent abatement nor rent reduction.
Nationally Recognized Tenant - Dollar Tree is Ranked #131 on the Fortune 500 and Operates Over 15,772 Locations Across the Country
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