New Dollar General 15 year NNN Lease | 581 Us Highway 8
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New Dollar General 15 year NNN Lease 581 Us Highway 8
10,640 SF 100% Leased Retail Building Prentice, WI 54556 $1,577,503 ($148/SF) 7.25% Cap Rate
Investment Highlights
- New Dollar General
- 10% rental increases
- 15 year lease with renewal options
Executive Summary
Dollar General (DG), headquartered in Goodlettsville, Tennessee, has grown from a family-owned business to a leading discount retail chain and one of the most profitable stores in the rural United States. Founded in 1939, the company is well-known for its convenient locations and for offering affordable basic household supplies, such as health and beauty products, food, cleaning supplies, seasonal items and apparel.
They strive to make shopping hassle-free and affordable 18,000+ convenient, easy-to-shop stores in 47 states. Dollar General
Corporation has been delivering value to shoppers for over 75 years.
They strive to make shopping hassle-free and affordable 18,000+ convenient, easy-to-shop stores in 47 states. Dollar General
Corporation has been delivering value to shoppers for over 75 years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
10,640 SF
Year Built
2023
Price
$1,577,503
Price Per SF
$148
Cap Rate
7.25%
NOI
$114,369
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
1.76 AC
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New Dollar General 15 year NNN Lease | 581 Us Highway 8
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