1141 15th Ave - Storefront FOR SALE


Union Grove, WI 53182
$2,418,300 USD
214-692-2927
1141 15th Ave, Union Grove, WI for Sale
$2,418,300 USD
Storefront - FOR SALE
1/1
null | 7.65% Cap Rate

1141 15th Ave
Union Grove, WI 53182


HIGHLIGHTS

  • 2024 Built-to-suit construction for Dollar Tree
  • 10-Year NN+ lease w/ limited landlord responsibilities
  • Union Grove is located 30 miles from Milwaukee
  • 10 Mile Population of 73,769 Residents
  • Average Household Income of $119,836, proving an affluent surrounding community to support the store for years to come
  • Nearby national tenants include McDonalds, Napa Auto Parts, Dairy Queen, Piggly Wiggly, Domino’s Pizza, and more

OVERVIEW

2024 Built-to-suit construction for Dollar Tree 10-Year NN+ lease w/ limited landlord responsibilities Union Grove is located 30 miles from Milwaukee 10 Mile Population of 73,769 Residents Average Household Income of $119,836, proving an affluent surrounding community to support the store for years to come Nearby national tenants include McDonalds, Napa Auto Parts, Dairy Queen, Piggly Wiggly, Domino’s Pizza, and more The subject property comes with a 20-year transferable roof warranty Five, 5-Year Options with rent increases of $5,000 ($.50 PSF) Extremely strong corporately guaranteed lease Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-largest discount retailer in the United States with more than 16,000 locations Dollar Tree boasts an investment-grade credit rating of BBB Dollar Tree has thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability

FOR SALE DETAILS

PRICE

$2,418,300 USD

PRICE/SF

$242 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

G2

APN/PARCEL ID

186-032131135200

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.