603 E Bridge St - Freestanding FOR SALE


New Lisbon, WI 53950
$995,000 USD
614-634-8627
603 E Bridge St, New Lisbon, WI for Sale
$995,000 USD
Freestanding - FOR SALE
1/3
null | 7.85% Cap Rate

603 E Bridge St
New Lisbon, WI 53950


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$110 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General -New Lisbon, Wisconsin

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.09 AC

LAND SF

134,600 SF

ZONING

Commercial

APN/PARCEL ID

29-261-0407

ASK ABOUT THIS PROPERTY

Derek RogersRogers Family TrustMore Info
614-634-8627

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Derek RogersRogers Family TrustMore Info
614-634-8627

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