1455 Acres Rd Prescott, WI 54021-7037
This exceptional investment opportunity features a brand-new, 10,004-square-foot Dollar Tree store in Prescott, Wisconsin. Built in 2024, the property sits on a 1.07-acre lot with excellent visibility on North Acres Road, directly adjacent to US Highway 10. The property is under a 10-year net lease (NNN) with a corporate guarantee from Dollar Tree, commencing October 14, 2024, and expiring October 13, 2034. The lease includes four, five-year renewal options with built-in rent increases, offering significant long-term growth potential and inflation protection. The landlord is responsible for roof and structure maintenance. The property boasts a 7.00% cap rate and a strong net operating income (NOI) of $142,557. The asking price is $2,036,000, translating to $14.25 per square foot. Dollar Tree's extensive national presence and public trading status (NYSE: DLTR) provide further investment security. This single-tenant, single-story building presents a compelling opportunity for passive income generation and long-term appreciation. The property's prime location and strong tenant covenant make it an attractive addition to any portfolio. The current occupancy is 100%.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.