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710 W Arthur Ave

7,500 SF Retail Building Bruce, WI 54819 £998,054 (£133/SF) 6.15% Net Initial Yield

Investment Highlights

  • 100% fee simple interest recently built Dollar General in Bruce, Wisconsin.
  • Located at the heart of Bruce, WI at the Highway 40 and Highway 8 junction and the main shopping store for the village.
  • Great visibility and signage to traffic at the top of the road with a monument sign and signage.?
  • Dollar General has an initial 15 year term lease expiring 2034 and they have four remaining five-year options with 10% increases every five years.?
  • Highway 8 has an AADT of 4,800 and nearby Main St has an AADT of 1,100.?
  • The 7,489 square foot building was built in 2019.? The location includes 29 parking spaces.?

Attachments

Dollar General Bruce 3:8:23

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
B
Year Built
2019
Price
£998,054
Price Per SF
£133
Net Initial Yield
6.15%
NOI
£61,392
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
1.37 AC
Zoning
C
Parking
29 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
136 ft on W Arthur Ave
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PROPERTY TAXES

Parcel Number 106-00522-0000 Improvements Assessment £414,386
Land Assessment £7,433 Total Assessment £421,819

PROPERTY TAXES

Parcel Number
106-00522-0000
Land Assessment
£7,433
Improvements Assessment
£414,386
Total Assessment
£421,819
(407) 777-9660

  • Listing ID: 25128198

  • Date on Market: 25/02/2022

  • Last Updated:

  • Address: 710 W Arthur Ave, Bruce, WI 54819

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710 W Arthur Ave
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710 W Arthur Ave

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Timothy Garito

(407) 777-9660

(407) 777-9660

Dave Baltar

(407) 421-0777

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