For Sale
$1,173,882

202 Elm Dr Loyal, WI 54446

Loyal, WI: High-Traffic Retail Property

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 9,100 square foot, single-story Dollar General convenience store with an on-site FedEx location. Built in 2017, the property sits on a 1.55-acre lot at 202 East Elm Drive in Loyal, Wisconsin (zip code 54446), a high-traffic area boasting over 3,000 vehicles daily. The property benefits from a triple-net (NNN) lease, eliminating landlord responsibilities. The tenant, Dollar General, is backed by a corporate guarantee, ensuring consistent income. The current lease features four (with five-year options) remaining lease terms, with a 10% rent bump in each option. The property boasts a 6.80% cap rate and a strong net operating income (NOI) of $79,824, representing a 100% occupancy rate. The average household income within a 5-mile radius exceeds $88,000, indicating a robust consumer base. This Dollar General store is ranked in the 80th percentile of all Dollar General stores statewide, demonstrating its strong performance. The property is offered at an asking price of $1,173,882 and can be purchased individually or as part of a larger portfolio. This presents a compelling investment opportunity for those seeking a stable, high-performing retail asset in a desirable location. The property's modern design and prime location make it an attractive investment for long-term growth and passive income generation.

Highlights

  • 9,100 SF modern retail building.
  • Built in 2017.
  • Tenanted by Dollar General with FedEx OnSite.
  • Triple-net (NNN) lease; zero landlord responsibilities.
  • High-traffic location on E Elm Dr (3,000+ vehicles daily).
  • Strong demographics: $88,000+ average household income within a 5-mile radius.

Property Details for 202 Elm Dr

Property type
Retail properties, Grocery and convenience stores
Square Feet
9,100 SF
Year Built
2017
Buildings
1
Stories
1
Lot Size (sq. ft)
67,518 SF

Location Insight

City
Loyal
County
Clark
State
Wisconsin
Latitude
44.741779
Longitude
-90.4945999

FAQs

What type of property is this?
Retail property - Loyal, WI: High-Traffic Retail Property
Where is the retail property located?
The property is located at 202 Elm Dr Loyal, WI.
What is the asking price?
The asking price for this property is $1,173,882.
What are key features of this property?
This property features: 9,100 SF modern retail building.; Built in 2017.; Tenanted by Dollar General with FedEx OnSite.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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202 Elm Dr
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