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Dollar General 1815 Spakenburg rd 10,640 SF 100% Leased Retail Building Holmen, WI 54636 $2,305,000 ($216.64/SF) 6.65% Cap Rate
Investment Highlights
- Brand New 15 Yr. Absolute NNN Corp. Lease with Dollar General (NYSE: DG) - Market Cap $25B+
- Best in Class Tenant - Strong Investment Grade Tenant - Ranked #108 Fortune 500 List 2026
- Strong Demo’s ($112K HHI in 3 Miles) - Located between Madison/Minneapolis - Large 1.2 Acres
- High Profile Location along Hwy 35 - Surrounded by Main Residential Trade Area - Off Hwy 53
- 5% Rent Bumps every 5 Yrs. - Zero LL Duties - Little Competition for Large MSA - Depreciable Assets
- Iconic American Brand with Aggressive Expansion “Country’s Largest Small-Box Discount Retailer”
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire a brand-new corporate guaranteed Dollar General in Holmen, WI. Dollar General (NYSE: DG) operates over twenty thousand locations across the United States with plans to open an additional 450 stores in 2026. The asset is subject to a 15-year absolute net lease with 25 years of option periods and rent increases every 5 years making this asset ideal for an investor seeking years of inflation-resistant cash flows.
The 10,640 SF building on 1.2 acres is currently under construction and benefits from an upgraded brick and masonry facade. The subject property is situated on Spakenburg Road and is adjacent to State Highway 35 and US Highway 53. Don’t miss out on this opportunity to purchase a single tenant corporate guaranteed Dollar General in the Midwest with worry free cash flows for years to come.
The 10,640 SF building on 1.2 acres is currently under construction and benefits from an upgraded brick and masonry facade. The subject property is situated on Spakenburg Road and is adjacent to State Highway 35 and US Highway 53. Don’t miss out on this opportunity to purchase a single tenant corporate guaranteed Dollar General in the Midwest with worry free cash flows for years to come.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,640 SF
Year Built
2026
Construction Status
Under Construction
Price
$2,305,000
Price Per SF
$216.64
Cap Rate
6.65%
NOI
$153,380
Percent Leased
100%
Building Height
1 Story
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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Dollar General | 1815 Spakenburg rd
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