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Dollar General 331 E Center St 15,800 SF Retail Building Juneau, WI 53039 $580,000 ($36.71/SF) 9% Cap Rate
Executive Summary
– Investment grade corporate guaranty (S&P: BBB/stable)
– Low rent
– Recent remodel
– No deferred maintenance
– 21-year operating history w/ recent lease extension
– Imminent rent bump and attractive rent increases
– Limited landlord responsibilities w/ profitable arbitrage
– Low rent
– Recent remodel
– No deferred maintenance
– 21-year operating history w/ recent lease extension
– Imminent rent bump and attractive rent increases
– Limited landlord responsibilities w/ profitable arbitrage
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
15,800 SF
Building Class
C
Year Built
2001
Price
$580,000
Price Per SF
$36.71
Cap Rate
9%
NOI
$52,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
1.01 AC
Zoning
CM - General Commercial
Parking
38 Spaces (2.41 Spaces per 1,000 SF Leased)
Frontage
608’ on East Center Street
Property Taxes
| Parcel Number | 241-1115-2223-049 | Improvements Assessment | $258,800 |
| Land Assessment | $50,300 | Total Assessment | $309,100 |
Property Taxes
Parcel Number
241-1115-2223-049
Land Assessment
$50,300
Improvements Assessment
$258,800
Total Assessment
$309,100
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Dollar General | 331 E Center St
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