For Sale
$1,577,503.45

581 Us-8 Prentice, WI 54556

High-Yield NNN Retail Property

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a brand-new, single-tenant Dollar General convenience store in Prentice, Wisconsin. Built in 2023, this 10,640 square foot building sits on a 1.76-acre lot and boasts a 14-year remaining lease term with a 7.25% cap rate. The property is 100% occupied, offering immediate cash flow with a price per square foot of $148.26. Located at 581 US-8, Prentice, WI 54556, this property benefits from its prime location and strong tenant. The property is zoned commercial and features a single-story building. The asking price is $1,577,503.45, representing a secure and profitable investment in a well-established national brand. This NNN lease structure minimizes landlord responsibilities, further enhancing the investment's appeal. The property's strong financials, coupled with the long-term lease and the tenant's proven track record, make this an attractive opportunity for discerning investors seeking a stable and high-yielding asset. The property's location in Price County, Wisconsin, provides access to a significant customer base. This is a turnkey investment ready for immediate income generation.

Highlights

  • Brand-new, single-tenant Dollar General store in Prentice, WI.
  • 10,640 SF building on a 1.76-acre lot, built in 2023.
  • 14-year remaining lease term with a 7.25% cap rate.
  • $1,577,503.45 asking price ($148.26/SF).
  • NNN lease structure minimizes landlord responsibilities.

Property Details for 581 Us-8

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,640 SF
Year Built
2023
Buildings
1
Stories
1
Lot Size (sq. ft)
76,666 SF

Location Insight

City
Prentice
County
Price
State
Wisconsin
Latitude
45.5528968
Longitude
-90.2891992

FAQs

What type of property is this?
Retail property - High-Yield NNN Retail Property
Where is the retail property located?
The property is located at 581 Us-8 Prentice, WI.
What is the asking price?
The asking price for this property is $1,577,503.45.
What are key features of this property?
This property features: Brand-new, single-tenant Dollar General store in Prentice, WI.; 10,640 SF building on a 1.76-acre lot, built in 2023.; 14-year remaining lease term with a 7.25% cap rate.
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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581 Us-8
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