Dollar General NNN Retail
219 Water Tower Rd, Fall Creek, WI 54742
For Sale
New
Contact for pricing
A corporate-backed triple-net lease provides scheduled rent increases over its term.
Property Size9,100 SF
Price / SF$207.91
Days on Market4
Property Features for 219 Water Tower Rd
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Listing Agency:
Upland Real Estate Group, Inc
(612) 332-6600
Listed By:
Deborah Vannelli · License WI #20103724
(612) 376-4475
Source:
Moodyscre
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 2:33PM
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 Upland Real Estate Group, Inc
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Investment Insights
Based on property information with market context.
Planned as a new 9,100-square-foot Dollar General store, the property is structured under a 15-year triple-net lease with a corporate guaranty. Rent is estimated to begin May 1, 2027, and the lease calls for 5% increases every five years.
The site is in Fall Creek along U.S. Highway 12, approximately 12 miles southeast of Eau Claire. The location connects with Eau Claire and communities across west-central Wisconsin.
The site is in Fall Creek along U.S. Highway 12, approximately 12 miles southeast of Eau Claire. The location connects with Eau Claire and communities across west-central Wisconsin.
Key Highlights
- Newly constructed 9,100‑square‑foot Dollar General retail property
- 15‑year triple‑net lease backed by a Dollar General corporate guaranty
- Scheduled rent increases of 5% every five years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,234
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,680
$1.7M
Cap Rate 7%
$1,231,914
$1.2M
Cap Rate 9%
$958,156
$958.2K
Market Conditions
NOI Build-Up for 9,100 SF
Gross rent
$136.5K $15.00/SF
− Vacancy
−$13.3K −$1.46/SF
EGI
$123.2K $13.54/SF
− OpEx
−$37.0K −$4.06/SF
NOI
$86.2K $9.48/SF
Area
Eau Claire County, WI
Vacancy
9.75%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,724,680
Cap Rate 7%
$1,231,914
Cap Rate 9%
$958,156
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.44M
NOI $86,234 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Apartment 5plus
$6.92M
$6.06M – $8.08M
NOI $484,681 @ 7.0% cap · market cap 25.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 54742, WI
4,848
Population
1,805
Households
2.7
Avg Household Size
41
Median Age
34%
College-Educated
95%
High-School Grad
108.0 sq mi
ZIP Area
45
Density / Sq Mi
$92,353
Median Household Income
$42,781
Median Earnings
$1,069
Median Rent
$272,100
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - A corporate-backed triple-net lease provides scheduled rent increases over its term.
Where is this nnn property located?
The property is located at 219 Water Tower Rd Fall Creek, WI.
What is the asking price?
The asking price for this property is $1,892,014.
What are key features of this property?
This property features: Newly constructed 9,100‑square‑foot Dollar General retail property; 15‑year triple‑net lease backed by a Dollar General corporate guaranty; Scheduled rent increases of 5% every five years
