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Patrick Forkin

Baum Realty Group, LLC

Office Phone: 312-275-3117

Cell Phone: 312-275-3117

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Published on: Friday, March 6, 2015 12:22:36 PM
Updated on: Tuesday, March 10, 2015 11:29:57 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Wisconsin-41002

Status: Accepting Offers

Financing: Owner Financing

Occupancy: 100%

Year Build: 0

 

Building Size: 9,000 SqFt

Lot Size: 0 Acre

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Dollar Tree, Inc. is the largest and most successful single-price-point retailer in North America, operating approximately 5,442 stores and employing 87,000 people throughout 48 states. The retail chain sells a variety of items for $1 or less, including: food and snacks, party supplies, seasonal décor, household cleaning supplies, toys, gifts, craft supplies, and teaching supplies,among others items.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 7

Commission Split (%): 0

Complete Details


Year Build: 0

Building Size: 9,000 SqFt.

No of Stories: 1

Total Lot Area: 0.00 Acre

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description


The Dollar Tree site features new “Build-to-Suit” construction and is located across the street from Walmart and Menards. The property is situated along US Highway 12, the area’s primary north-south retail corridor connecting Baraboo to Wisconsin Dells (12 miles north) and Madison (30 miles south). Madison is the state capitol and is home to University of Wisconsin (40,000 students). The new 1.92 acre development consists of Dollar Tree and Westby Cooperative Credit Union (WCCU) located at the SEC of US Highway 12 and South Blvd. Strategically located with excellent visibility along US Highway 12, the propertyis surrounded by several national retailers and restaurants, including Walmart, Gander Mountain, Menards, Walgreens, Anytime Fitness, GameStop, and O’Reilly Auto Parts, among others. The Dollar Tree is a re-location for its existing store directly across the street which has been at this location since 2001. Dollar Tree will look to capitalize and grow the market share they already own in the Baraboo market with this new freestanding store, providing an additional 4,000 square feet of retail space. The build-to-suit will feature a 9,000 square foot building on 1.01 acres of land with 43 parking spaces. The relocation is part of an overall expansion plan for Dollar Tree Stores, Inc. which has 450 new store locations in 2014.

Additional Properties


Features
  • Across from Walmart Supercenter
  • Surrounding retailers include Walmart, Menards, O'Reilly Auto Parts, GameStop, GNC, U.S. Cellular, KFC, Dairy Queen and others
  • Growing tenant with 450 new stores in 2014
  • Brand new construction completed December 2014

Attached Documents


 Download | OFFERING MEMORANDUM ( 1,010.86KB)

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