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Dollar General -New Lisbon, Wisconsin 603 E Bridge St

9,026 SF Retail Building New Lisbon, WI 53950 £791,315 (£88/SF) 7.85% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Zero landlord responsibilities
  • Great visibility. Located on Highway 80, just west of I90 / I94 on the main route into New Lisbon
  • Buyer’s broker protected
  • An initial 15-year lease term with four 5-year extensions
  • Oversized lot

EXECUTIVE SUMMARY

Excellent opportunity to own a purpose-built, freestanding Dollar General. The building was both constructed and opened for business in 2016. The property is secured by a 15-year initial lease, plus four 5-year options with a 10% rent increase during each option. The property consists of a large lot of over 3 acres.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2016
Price
£791,315
Price Per SF
£88
Net Initial Yield
7.85%
NOI
£62,135
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
3.09 AC
Zoning
Commercial
Frontage
235 ft on East Bridge Street
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PROPERTY TAXES

Parcel Number 292610407 Improvements Assessment £547,558
Land Assessment £48,433 Total Assessment £595,992

PROPERTY TAXES

Parcel Number
292610407
Land Assessment
£48,433
Improvements Assessment
£547,558
Total Assessment
£595,992
(614) 634-8627

CONTACT

  • Derek Rogers
    Derek Rogers
  • Rogers Family Trust

  • Listing ID: 33310027

  • Date on Market: 26/09/2024

  • Last Updated:

  • Address: 603 E Bridge St, New Lisbon, WI 53950

The Retail Property at 603 E Bridge St, New Lisbon, WI 53950 is currently available for sale. Contact Rogers Family Trust for more information.

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Dollar General -New Lisbon, Wisconsin | 603 E Bridge St
(614) 634-8627 x

Dollar General -New Lisbon, Wisconsin | 603 E Bridge St

Derek Rogers

(614) 634-8627

(614) 634-8627

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