1455 Acres Rd Prescott, WI 54021-7037
- Commercial real estate
- 1.07 lot acres
Jul 29, 2025
Current Use by Public Records
- Commercial real estate
Property Details for 1455 Acres Rd
- Lot size
- 1.07 lot acres
- Property type
- Commercial real estate
- APN
- 271- 1150-1411
- APU
- 27111501411
Description
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%.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Pierce
- State
- Wisconsin
- Longitude
- -92.7931
- Latitude
- 44.7617
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
