Dollar General NNN Retail
For Sale
Contact for pricing
504 S Hammond St., Merrillan, WI 54754
Freestanding 7,500 SF Dollar General is offered with an absolute NNN lease and corporate guarantee from Dollar General Corporation.
Property Size7,500 SF
Days on Market140
Property Features for 504 S Hammond St.
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Cap Rate
6.85%
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 15
Changed: Aug 28
Last Checked: Aug 14 at 7:39AM
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 Dollar General retail store in Merrillan, WI. The property is 7,500 SF and is encumbered by an absolute NNN lease term of 15 years, with the landlord reporting zero responsibilities. The lease includes renewal options of 5 years each, with a 10% rental rate increase upon renewal.
Dollar General Corporation provides a corporate guarantee of the lease and is identified in the remarks as having a “BBB” credit rating, classified as investment grade. The offering is presented as fee simple ownership for an investor and includes the subject property being positioned for visibility in the area.
The lease structure is described in the remarks as net with no landlord responsibilities during the initial term, supporting a passive ownership profile. The provided pricing context references a 6.85% cap rate based on NOI of $74,640.
Dollar General Corporation provides a corporate guarantee of the lease and is identified in the remarks as having a “BBB” credit rating, classified as investment grade. The offering is presented as fee simple ownership for an investor and includes the subject property being positioned for visibility in the area.
The lease structure is described in the remarks as net with no landlord responsibilities during the initial term, supporting a passive ownership profile. The provided pricing context references a 6.85% cap rate based on NOI of $74,640.
Key Highlights
- 7,500 SF freestanding Dollar General in Merrillan, WI.
- 15‑year absolute NNN lease structure with zero landlord responsibilities.
- Dollar General corporate guarantee by Dollar General Corporation (Investment Grade, BBB credit rating).
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54754, WI
1,750
Population
1,013
Households
1.7
Avg Household Size
48
Median Age
16%
College-Educated
93%
High-School Grad
74.9 sq mi
ZIP Area
23
Density / Sq Mi
$57,422
Median Household Income
$35,000
Median Earnings
$875
Median Rent
$163,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding 7,500 SF Dollar General is offered with an absolute NNN lease and corporate guarantee from Dollar General Corporation.
Where is this grocery and convenience store located?
The property is located at 504 S Hammond St. Merrillan, WI.
What are key features of this property?
This property features: 7,500 SF freestanding Dollar General in Merrillan, WI.; 15‑year absolute NNN lease structure with zero landlord responsibilities.; Dollar General corporate guarantee by Dollar General Corporation (Investment Grade, BBB credit rating).
