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- LoopNet Team
115 Monroe St
Augusta, WI 54722
Family Dollar · Retail Property For Sale
PROPERTY FACTS
ABOUT 115 MONROE ST , AUGUSTA, WI 54722
This investment consists of a newer construction build to suit Family Dollar. Built in 2015 Family Dollar signed a 15 year triple net lease through 6/30/2029. Currently there is over 12 years remaining on the initial lease term with six-five year options to extend. Family Dollar has rental increases through out the term starting in year 11 and every five years there after. The lease is corporately guaranteed (S&P rated BBB-). Theleaseisstructuredastriplenetwhereasthetenantisresponsibleforalltaxes,insurance,commonareamaintenanceandmajorrepairs.Landlordisnotresponsibleforanything.FamilyDollardoeshavearightoffirstrefusalontheproperty. The property is located about 22 miles south east of Eau Claire, WI. Augusta is a city in Eau Claire County, Wisconsin. Within ten miles of the subject property there are over 10,700 residents.Augusta is located on U.S. Highway 12, which runs east west, and on State Trunk Highway 27, which runs in a north-south direction. The City is 10 miles north of Interstate 94, the main transportation route between Chicago, Milwaukee, Madison, Minneapolis and St. Paul.
PROPERTY TAXES
| Parcel Number | 18202-2-250605-120-2028 | Improvements Assessment | $888,500 |
| Land Assessment | $18,400 | Total Assessment | $906,900 |
PROPERTY TAXES
