For Sale
$1,121,647

18770 141 Pembine, WI 54156

Wisconsin Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 7,500 square foot, free-standing retail building in Pembine, Wisconsin. The property is 100% occupied by a Dollar General store with an integrated FedEx OnSite location, secured by a corporate guarantee. The building, constructed in 2018, sits on a 1.66-acre lot along heavily trafficked US-141, boasting high visibility and accessibility. The Net Lease (NNN) structure offers zero landlord responsibilities, with a current Net Operating Income (NOI) of $76,272 and a 6.80% cap rate. The asking price is $1,121,647. The lease includes four (with options for five) five-year renewal options, each with a 10% rent increase. The property benefits from a strong demographic profile, including a household income exceeding $72,000 within a three-mile radius and over 5,000 vehicles passing daily on US-141. This investment is ranked in the 70th percentile of Dollar General stores statewide, indicating strong performance and potential for future growth. This is a single-tenant property offering a stable and attractive return on investment.

Highlights

  • 7,500 SF freestanding retail building.
  • Dollar General with integrated FedEx OnSite; corporate guaranteed lease.
  • Triple Net (NNN) lease; zero landlord responsibilities.
  • High-visibility location on US-141 with strong traffic counts.
  • Ample customer parking.
  • Top-performing Dollar General; ranked in the 70th percentile statewide.

Property Details for 18770 141

Property type
Retail properties, Grocery and convenience stores
Square Feet
7,500 SF
Year Built
2018
Buildings
1
Lot Size (sq. ft)
72,310 SF

Location Insight

City
Pembine
County
Marinette
State
Wisconsin
Latitude
45.635274
Longitude
-87.984298

FAQs

What type of property is this?
Retail property - Wisconsin Retail Investment Opportunity
Where is the retail property located?
The property is located at 18770 141 Pembine, WI.
What is the asking price?
The asking price for this property is $1,121,647.
What are key features of this property?
This property features: 7,500 SF freestanding retail building.; Dollar General with integrated FedEx OnSite; corporate guaranteed lease.; Triple Net (NNN) lease; zero landlord responsibilities.
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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18770 141
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