For Sale
$1,550,186.48

W2883 Granton Rd Chili, WI 54436

High-yield retail investment. Strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a brand-new, Class A, 10,640 square foot Dollar General convenience store located at W2883 Granton Rd, Granton, WI 54436, Clark County. Built in 2023, this single-story building sits on a 1.8-acre lot and boasts a 100% occupancy rate with a remaining lease term of 14 years. The property is zoned for commercial use and features a NNN lease structure, minimizing landlord responsibilities. The asking price is $1,550,186.48, representing a compelling price per square foot of $145.69 and a 7.25% cap rate. This is a single-tenant property with Dollar General, a Fortune 500 company, as the anchor tenant. The store benefits from its convenient location and serves the community's needs for affordable household supplies, groceries, and other essential items. This presents a stable, high-yield investment opportunity with significant long-term potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any investment portfolio. This is a turnkey operation with minimal management requirements, offering a passive income stream for years to come.

Highlights

  • Investment-grade tenant: Dollar General, a Fortune 500 company (NYSE: DG).
  • Strong national brand tenant with diverse product offerings from private labels to major manufacturers.

Property Details for W2883 Granton Rd

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,640 SF
Class
A
Year Built
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Chili
County
Clark
State
Wisconsin
Latitude
44.5838809
Longitude
-90.3445654

FAQs

What type of property is this?
Retail property - High-yield retail investment. Strong tenant.
Where is the retail property located?
The property is located at W2883 Granton Rd Chili, WI.
What is the asking price?
The asking price for this property is $1,550,186.48.
What are key features of this property?
This property features: Investment-grade tenant: Dollar General, a Fortune 500 company (NYSE: DG).; Strong national brand tenant with diverse product offerings from private labels to major manufacturers.;
How can I contact the broker?
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W2883 Granton Rd
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