Family Dollar – Stanley, WI

Family Dollar
618 S Broadway St, Stanley, WI 54768, USA

We are pleased to present exclusively for sale the Family Dollar NN Asset located at 618 S Broadway Street in Stanley, WI. The property totals 9,180 SF on 1.05 acres. There are 5 years remaining on a freshly executed 5-year renewal option. There are 3, five-year options with 9% increases at the beginning of each option. This national tenant has demonstrated a strong commitment to the site through recent upgrades.

  • Family Dollar has demonstrated a strong commitment to the site through recent upgrades, including a new HVAC system, updated lighting, coolers, and freezers.
  • Family Dollar recently signed another 5-year extension and has 19 years of operational history at this site.
  • The lease includes built-in 9% rental escalations in each option period.
  • Exceptional visibility and strong daily traffic due to its prominent position directly off Wisconsin State Highway 29.
  • Family Dollar sits in Stanley’s primary retail corridor, surrounded by national credit tenants including BP Gas, Verizon, Advance Auto Parts, McDonald’s, and A&W Restaurant.
  • The site is 30 minutes to Eau Claire, WI, and a 1.5-hour drive to the Twin Cities, MN.

 

In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker – Lic. #938545-91 BoR: Scott Reid – Lic. WI #58772-90

Family Dollar
618 S Broadway St, Stanley, WI 54768, USA

FAMILY DOLLAR

Family Dollar Stores, Inc. is an American variety store chain. With over 8,000+ locations Family Dollar Stores, Inc. operates general merchandise retail discount stores. Its products are categorized under consumables, home products, apparel and accessories, and seasonal and electronic products. The company’s apparel and accessories category products include men’s, women’s, boys’ and girls, and infants’ clothing shoes and fashion accessories. Its seasonal and electronics products category include toys, stationery and school supplies, seasonal goods, personal electronics, which include pre-paid cellular phones and services.

Price

$625,400

Cap Rate

9.00%

PREMISES

9,180 SF

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

12/31/2030

Lease Type

NN

RENTAL INCREASES

9% at Every Option

List with SIG

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