Northbrook, IL – October 26, 2016 – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant new construction Dollar Tree located at 1940 Main Street in Green Bay, Wisconsin for $1,678,000.
The newly constructed Dollar Tree is located on Main Street (Highway 141), a primary north-south thoroughfare in the area. There are approximately 70,000 people living within a three mile radius of the property. Retailers in the immediate area include Copps (Kroger), Kohl’s, Hobby Lobby, Aldi, Walgreens, AutoZone, Advance Auto Parts and Tires Plus.
The new Dollar Tree lease is for ten years with three 5-year renewal options. Dollar Tree is a Fortune 500 Company and currently operates more than 14,000 stores across 48 states & 5 Canadian provinces (under the brands Dollar Tree, Dollar Tree Canada & Family Dollar). Dollar Tree is a publicly traded company (NASDAQ: DLTR) with a market cap in excess of $18 billion.