Single-Tenant Dollar General
For Sale
Contact for pricing
106 N Royal Avenue, Gays Mills, WI 54631
2021-built single-tenant Dollar General with a 15-year absolute NNN lease and corporate guarantee.
Property Size9,100 SF
Days on Market123
Property Features for 106 N Royal Avenue
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Additional Details
Cap Rate
5.65%
Building Details
Year Built
2021
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a 2021 build-to-suit Dollar General store in Gays Mills, Wisconsin. The property includes 9,100 SF and is configured for a single tenant. The lease is structured as an absolute NNN arrangement, designed to leave zero landlord responsibilities, and provides 15 years of initial term with four, five-year renewal options. Each renewal option includes a 10% rental rate increase. Dollar General Corporation provides the corporate guarantee, and the company is described as having a “BBB” credit rating (investment grade). The store has been open and operating since August 2021.
The property is positioned on the corner of Royal Avenue and WI-131, supporting high visibility for the site.
For buyers seeking fee simple ownership, the listing is also marketed for 1031 exchange and passive investment purposes.
The property is positioned on the corner of Royal Avenue and WI-131, supporting high visibility for the site.
For buyers seeking fee simple ownership, the listing is also marketed for 1031 exchange and passive investment purposes.
Key Highlights
- 2021‑built 9,100 SF single‑tenant Dollar General store in Gays Mills, Wisconsin
- 15‑year absolute NNN lease structure with zero landlord responsibilities
- Dollar General corporate guarantee by Dollar General Corporation (Investment Grade credit rating “BBB”)
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
2,436 visits/mo
0.1 miles
Demographics for 54631, WI
1,753
Population
997
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
92%
High-School Grad
104.0 sq mi
ZIP Area
17
Density / Sq Mi
$61,319
Median Household Income
$41,742
Median Earnings
$829
Median Rent
$165,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 2021-built single-tenant Dollar General with a 15-year absolute NNN lease and corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 106 N Royal Avenue Gays Mills, WI.
What are key features of this property?
This property features: 2021‑built 9,100 SF single‑tenant Dollar General store in Gays Mills, Wisconsin; 15‑year absolute NNN lease structure with zero landlord responsibilities; Dollar General corporate guarantee by Dollar General Corporation (Investment Grade credit rating “BBB”)
