Building Details

Year Built 2026

Tenancy Single

Listing Agency: Marcus & Millichap - San Diego

Listed By: Phil Sambazis · License #01474991 Show Phone

Source: Crexi

Added: Apr 15 Changed: Oct 14 Last Checked: Oct 12 at 5:54PM

Report an Issue

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This Dollar General property is identified with a 15-year absolute NNN lease structure and a 2026 build year. The asset is associated with the Dollar General brand and carries a listed property size of 9,100.

Located at 6816 East County Road B in Lake Nebagamon, Wisconsin, the property is positioned south of Lake Superior, an area described as receiving more than 3.5 million visitors annually.

Key Highlights

• 15‑year absolute NNN lease structure
• Dollar General‑branded property
• Built in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$111,679

Cap Rate

6.02%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,233,580 $2.2M

Cap Rate 7%

$1,595,414 $1.6M

Cap Rate 9%

$1,240,878 $1.2M

Market Conditions

NOI Build-Up for 9,100 SF

Gross rent

$163.8K $18.00/SF

− Vacancy

−$4.3K −$0.47/SF

EGI

$159.5K $17.53/SF

− OpEx

−$47.9K −$5.26/SF

NOI

$111.7K $12.27/SF

Area

Douglas County, WI

Vacancy

2.60%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,233,580

Cap Rate 7%

$1,595,414

Cap Rate 9%

$1,240,878

Alternative Uses

Best Use

Retail

$1.60M

$1.40M – $1.86M (±1% cap)

NOI $111,679 @ 7.0% cap · market cap 6.02%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$2.87M

$2.51M – $3.35M (±1% cap)

NOI $200,841 @ 7.0% cap · market cap 10.83%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 54849, WI

1,967

Population

1,276

Households

1.5

Avg Household Size

50

Median Age

32%

College-Educated

96%

High-School Grad

86.7 sq mi

ZIP Area

23

Density / Sq Mi

$77,353

Median Household Income

$46,726

Median Earnings

$838

Median Rent

$254,200

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

NNN property - A 15-year absolute NNN structure supports this branded commercial property.

Where is this nnn property located?

The property is located at 6816 East County Road B Lake Nebagamon, WI.

What is the asking price?

The asking price for this property is $1,854,000.

What are key features of this property?

This property features: 15‑year absolute NNN lease structure; Dollar General‑branded property; Built in 2026