131 Howard Ln Oconto, WI 54153
8,550 SF Dollar Tree in Oconto, Wisconsin for sale.
Type:Retail
Property size:
8,550 SFPrice / SF:
$115/SF- Added:
- Jan 8, 2024
- Days on Market:
- 843
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 131 Howard Ln
General Information
- Standard status
- Active
- Size
- 8,550 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2020
Listing agent Jake Tanner License #WI 91017-94
Listing office Trillium Commercial Realty
Listing date Jan 8, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Trillium Commercial Realty
Overview
Oconto Dollar Tree Investment Opportunity
This 8,550 SF Dollar Tree store is located in Oconto, Wisconsin. The property is under a 7-year modified NNN lease, with the landlord responsible for roof and structure. There are 3.2 years remaining on the initial term, with consistent year-over-year sales growth. The lease includes four, 5-year options. The lease is corporately guaranteed by Dollar Tree Inc., which holds a credit rating of “BBB”, classified as Investment Grade. A rental increase of $0.50 per square foot is scheduled at the start of the 2nd, 3rd, and 4th option periods. The Dollar Tree benefits from high visibility and is strategically positioned in Oconto, the county seat for Oconto County, maintaining strong economic and social ties to neighboring towns and cities including Little River, Oconto Falls, Lena, and Peshtigo. Oconto is located 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. The property is 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. This property is suited for a 1031 exchange buyer or a passive investor.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Places Nearby
- Thompson's County Market — 722 Brazeau Ave #41, Oconto, WI 54153
Location Insight
- Map
- Local Demand
- City
- Oconto
- County
- Oconto
- State
- Wisconsin
- Longitude
- -87.888937
- Latitude
- 44.893856
FAQs
What type of property is this?
Grocery and convenience store - 8,550 SF Dollar Tree in Oconto, Wisconsin for sale.
Where is this grocery and convenience store located?
The property is located at 131 Howard Ln Oconto, WI.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Corporately guaranteed lease by Dollar Tree Inc. with an investment‑grade credit rating of "BBB".; Located in Oconto, Wisconsin, the county seat for Oconto County, with strong ties to neighboring towns and cities and only 30 miles from Green Bay.; 7‑year modified NNN lease with only roof & structure responsibilities for the landlord and 3.2 years remaining on the initial term.
