W2883 Granton RdChili, WI 54436

Property Details for W2883 Granton Rd

Year built

2023

Lot size

1.80 AC

Property size (Sq ft)

10,640 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

Description

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.

Location Insight

City

Chili

County

Clark

State

Wisconsin

Latitude

44.5839

Longitude

-90.3446

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