For Sale

Family Dollar | Absolute-NNN

115 Monroe St,
Augusta, WI 54722

Asset Snapshot

Full Service
Retail Subtype
2014
Year Built
2021
Year Renovated
1
Floor Count
0.78 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Introducing an exceptional commercial property at 115 Monroe St, Augusta, WI. This 8,359 SF building, renovated in 2021, boasts a prime location at a high-traffic intersection, ensuring excellent visibility. With 100% occupancy and a complete NNN lease in place with 5 years remaining, this investment offers stability and strong corporate backing from Family Dollar Stores, Inc., a subsidiary of Dollar Tree, Inc. Enjoy the benefits of a corporate guarantee and essential retailer status, as Family Dollar continues to demonstrate resilience and growth. Don't miss this opportunity for a low price point investment in a reliable and essential retail tenant.


Investment Highlights

  • Rare, Absolute-NNN Lease With Recent Early Lease Extension Showing Family Dollar's Commitment to this site
  • Tenant Rehabbed Building in 2021, Adding New Cooler and Freezer Units Ranked In The Top 92% Of Stores In Wisconsin & Top 91% Nationally
  • Low Rent Compared to New Construction Provides a Low Cost of Occupancy for Tenant
  • Strong Corporate Backing: Family Dollar Stores, Inc. operates over 7,000 stores
  • Prime Location: Situated at the high-traffic intersection of Monroe & Iron Brigade Memorial Hwy (5,000+ VPD)
  • Excellent visibility and accessibility. Directly across from Augusta High School, enhancing foot traffic and community engagement.
  • Family Dollar is an essential retailer, offering food items, groceries and household products.
  • Solid performer during all economies, and thrives during economic downturn and pandemic
  • Family Dollar Reported $13 Billion in Gross Revenue for 2024-2025
  • Tenant Pays All Expenses Directly - 100% Passive Income
  • Augusta is 20 Miles from Wisconsin's capitol city of Eau Claire

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,121,000
Asking Price

Investment Sales Broker

Grant Kallevig
Encore Real Estate Investment Services

Market Insights