For Sale
$1,121,059

8020 70Saint Germain, WI 54558

Wisconsin Retail Property - NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 7,500 square foot retail property, built in 2017, is located at 8020 South 70 East, Saint Germain, WI 54558. The property features a Dollar General store with a FedEx OnSite location, operating under a Net Lease (NNN) agreement with a corporate guarantee. The 15-year lease, commencing November 27, 2017, has a remaining term of 8 years, with four (5-year) renewal options, each including a 10% rent increase. The property sits on a 1.89-acre lot and boasts a 6.80% cap rate, generating a Net Operating Income (NOI) of $76,232. The single-story building enjoys 100% occupancy and benefits from a high-traffic location on State Hwy 70 E, experiencing over 5,000 vehicles per day. The strong tenant, Dollar General, and the favorable lease terms make this a compelling investment opportunity in a thriving community with a population exceeding 2,000 within a 5-mile radius. The asking price is $1,121,059. This property offers a stable, long-term income stream with significant upside potential.

Highlights

  • 7,500 SF retail building.
  • Dollar General with FedEx OnSite occupies the space.
  • NNN lease; no landlord responsibilities.
  • Built in 2017.
  • Excellent Saint Germain location.
  • Over 2,000 residents within a 5-mile radius.

Property Details for 8020 70

Property type
Retail properties, Grocery and convenience stores
Square Feet
7,500 SF
Year Built
2017
Buildings
1
Stories
1
Lot Size (sq. ft)
82,328 SF

Location Insight

City
Saint Germain
County
Oneida
State
Wisconsin
Latitude
45.9217915
Longitude
-89.4765187
8020 70, Saint Germain, Wisconsin

FAQs

What type of property is this?
Retail property - Wisconsin Retail Property - NNN Lease
Where is the retail property located?
The property is located at 8020 70 Saint Germain, WI.
What is the asking price?
The asking price for this property is $1,121,059.
What are key features of this property?
This property features: 7,500 SF retail building.; Dollar General with FedEx OnSite occupies the space.; NNN lease; no landlord responsibilities.
How can I contact the broker?
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8020 70
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