1341 E Main St - Freestanding FOR SALE


Arcadia, WI 54612
$1,422,000 USD
949-903-8099
1341 E Main St, Arcadia, WI for Sale
$1,422,000 USD
Freestanding - FOR SALE
1/9
null | 6.5% Cap Rate

1341 E Main St
Arcadia, WI 54612


HIGHLIGHTS

  • 9 Years Remaining | Corporate Guaranteed | Options To Extend
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Adjacent to Ashley HomeStore’s Headquarters | Highway 95 (10,900 VPD) | Excellent Visibility & Access
  • Limited Competition | Strong Operator | 1,000+ New Stores In 2023

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, Dollar General investment property located in Arcadia, Wisconsin. The tenant, Dollar General, has 9 years remaining on their lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$1,422,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Corp Guarantee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,174 SF

ZONING

C-2

APN/PARCEL ID

201-01023-0020

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.