131 Howard Ln, Oconto, WI 54153

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.