Available

Dollar Tree

4331 W Oklahoma Avenue | Milwaukee, WI 53219

Price

$2,142,000

Cap Rate: 6.65%

Lead Broker

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Tenant just exercised renewal option

Blue West Capital is pleased to exclusively present the sale of a single tenant net leased Dollar Tree in Milwaukee, Wisconsin. Dollar Tree just exercised a renewal option evidencing the success of the store and their commitment to the location. Each option period has 10% rental increases. There are significant barriers to entry in the surrounding densely concentrated urban corridor.

The property is positioned at the hard corner of the heavily trafficked 4-way intersection of West Forest Home Avenue, West Oklahoma Avenue, South 44th Street and South 43rd Street with over 53,000 vehicles per day. It's strategically located one mile west of Aurora St. Luke's Medical Center. It is located in a densely populated area with over 18,000 people within one mile and 203,000 people within three miles.

Investment Highlights

  • Dollar Tree just exercised a renewal option evidencing the success of the store and their commitment to the location
  • Significant barriers to entry in surrounding densely concentrated urban corridor
  • Tenant converted this location to a Dollar Tree from a Family Dollar in 2015
  • Investment grade rated tenant (S&P: BBB)
  • 10% rental increases in each option period

Location Highlights

  • Located in Milwaukee, the largest city in Wisconsin and 5th largest city in the Midwest
  • Densely populated area with over 18,000 people within one mile and 203,000 people within three miles
  • Positioned at the hard corner of the heavily trafficked (53,000+ VPD) 4-way intersection of West Forest Home Avenue, West Oklahoma Avenue, South 44th Street, and South 43rd Street
  • Strategically located one mile west of Aurora St. Luke’s Medical Center, a top hospital in Wisconsin with numerous national accolades and 938-beds
  • Average annual household incomes of approximately $80,000 within one mile
  • Notable retailers in the area include Walmart Supercenter, Pick n Save, Kohl’s, Michael’s, Walgreens, CVS, and many others
  • Positioned six miles southwest from Downtown Milwaukee and seven miles northwest of General Mitchell International Airport

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031