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Dollar General with 10+ Yrs | Abs. NNN 820 Roosevelt Rd 9,100 SF Retail Building Niagara, WI 54151 $1,100,000 ($120.88/SF) 7.66% 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
$1,100,000
Price Per SF
$120.88
Cap Rate
7.66%
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 began in 1939 as a wholesale venture and later opened its first store in 1955, growing into a discount retail business focused on everyday essentials. The company sells food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, paper products, and seasonal items, and it also offers products online. Dollar General operates as a broad neighborhood retail chain with a presence across the United States and Mexico, serving shoppers through convenient store formats and an e-commerce channel.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 99,999 SF | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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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