500 E Leffler St
Dodgeville, WI 53533
Dollar Tree · Retail Property For Sale

Marcus & Millichap is pleased to present this single tenant Dollar Tree property located in Dodgeville, Wisconsin. The 9,501 square foot building is open for business and the lease commenced August 7, 2018. The lease is corporately guaranteed by Dollar Tree, which has an investment grade “BB+” Credit Rating by Standard & Poor’s. The lease is double net, therefore the landlord is responsible for the roof, structural components of the building and repairs or replacement of the parking lot, while the tenant is responsible for seasonal CAM expenses including lawn and snow plowing. The tenant pays a monthly contribution towards taxes and insurance. There are $.50 per square foot rent increases in each of the three, five-year options. The building has excellent exposure along Leffler Street and is across from the Walmart entrance. Nearby are Walgreens, US Cellular, Chevrolet/Buick and Ford car dealers. Less than two miles west is the Lands’ End corporate headquarters and outlet store. With a population of 4,692, Dodgeville is home to four internationally recognized companies: Lands’ End (3,000 employees), direct merchant of quality clothing; Walnut Hollow (50 employees), one of the largest makers of woodcrafts; Quality Liquid Feeds (200 employees), maker of liquid agricultural animal feed; and Thuli Tables (10 employees), maker of chiropractic tables. Downtown Dodgeville is located less than one mile south of the intersection of Hwy 18 and State Hwy 23. Although "Main Street" runs parallel to it, Iowa Street is Dodgeville's downtown corridor (State Hwy 23, through town). Dodgeville's historic downtown buildings house many businesses, including a hardware store, pharmacy, movie theater, banks, specialty shops, professional services, and restaurants. Dodgeville is the County Seat of Iowa County and proud to have the oldest, active courthouse in the state of Wisconsin. Dodgeville is located 46 miles west of Madison, Wisconsin and only 49 miles NE of Dubuque, Iowa.