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Dollar General with 10+ Yrs | Abs. NNN 820 Roosevelt Rd 9,100 SF Retail Building Niagara, WI 54151 $1,178,185 ($129.47/SF) 7.15% Cap Rate
Investment Highlights
- 11 years left on Absolute NNN lease
- Investment grade credit (S&P: BBB)
- Half mile from k-12 school with 443 students
Executive Summary
11+ years left on Absolute NNN lease with no landlord responsibilities.
Located half-mile from K-12 school with 443 students.
Investment grade credit tenant (S&P: BBB).
10% rent bumps in each option period.
Located half-mile from K-12 school with 443 students.
Investment grade credit tenant (S&P: BBB).
10% rent bumps in each option period.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2021
Price
$1,178,185
Price Per SF
$129.47
Cap Rate
7.15%
NOI
$84,240
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.02 AC
Zoning
CM
Parking
25 Spaces (2.74 Spaces per 1,000 SF Leased)
Frontage
84’ on Roosevelt Road
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
-
99,999 SF
- -
- -
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 99,999 SF | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 261-01186.004 | Improvements Assessment | $496,000 |
| Land Assessment | $22,700 | Total Assessment | $518,700 |
Property Taxes
Parcel Number
261-01186.004
Land Assessment
$22,700
Improvements Assessment
$496,000
Total Assessment
$518,700
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Dollar General with 10+ Yrs | Abs. NNN | 820 Roosevelt Rd
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