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Dollar General Retail Property
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118 Hillcrest Rd, Manitowoc, WI 54220

Absolute NNN lease with more than 13 years remaining and no landlord responsibilities.

Property SizeContact for details
Days on Market131

Property Features for 118 Hillcrest Rd

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 20,000 vehicles/day

Building Details

Year Built 2023
Tenancy Single
Listing Agency: The Boulder Group
Listed By: John Feeney · License #IL 475154756
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: Aug 29 at 3:28PM

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 The Boulder Group

Investment Insights

Based on property information with market context.

This Dollar General retail property was constructed in 2023 and is subject to an absolute NNN lease, placing landlord obligations with the tenant. The agreement has 13+ years remaining, includes 5% rental escalations every five years, and carries an S&P BBB tenant rating.

The property is located at 118 Hillcrest Rd in Manitowoc, Wisconsin, less than 10 miles north of Manitowoc and 30 miles south of Green Bay. Interstate 43 is nearby, with reported traffic of 20,000 VPD. The surrounding demographics include 62,000+ residents within a 10-mile radius and average household income exceeding $106,000 within 5 miles.

Key Highlights

  • Dollar General tenant with an S&P BBB rating
  • Absolute NNN lease with 13+ years remaining
  • 5% rental escalations every five years

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Plumbing Service Furniture & Home Goods Parking Lot & Garage Auto Parts Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 54220, WI

40,737
Population
18,942
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
91%
High-School Grad
98.7 sq mi
ZIP Area
413
Density / Sq Mi
$65,188
Median Household Income
$40,791
Median Earnings
$790
Median Rent
$159,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease with more than 13 years remaining and no landlord responsibilities.
Where is this nnn property located?
The property is located at 118 Hillcrest Rd Manitowoc, WI.
What are key features of this property?
This property features: Dollar General tenant with an S&P BBB rating; Absolute NNN lease with 13+ years remaining; 5% rental escalations every five years
(847) 562-9280 Call to check price and availability
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