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NNN Retail Property
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740 North Lake Avenue, Twin Lakes, WI 53181

Freestanding grocery and convenience retail asset with a double net lease structure and established national tenancy.

Property Size9,100 SF
Price / SF$112.82
Days on Market96

Property Features for 740 North Lake Avenue

General Information

Standard status Active
Size 9,100 SF
Property subtype Retail
Lease Type NN
Investment Type Net Lease
Net Operating Income $87,264

Additional Details

Traffic Count 6,000 vehicles/day

Building Details

Year Built 2010
Tenancy Single
Listing Agency: Marcus & Millichap
Listed By: Daniel Hurd · License #FL SL3301193
Source: Crexi
Added: May 27 Changed: Aug 29 Last Checked: Aug 29 at 3:33PM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Built in 2010, this 9,100-square-foot retail property is occupied by Dollar General and operates under a double net lease. The current term extends through February 28, 3031, with multiple five-year renewal options that provide 10% rental increases at each five-year interval. The landlord retains responsibility for the roof and structural components, while the tenant handles common area maintenance, insurance reimbursement, and real estate taxes under the lease structure.

The property is located at 740 North Lake Avenue in Twin Lakes, Wisconsin, in western Kenosha County near the Illinois border. N Lake Avenue records nearly 6,000 vehicles passing the site daily, and the store is identified as the only Dollar General in Twin Lakes. The surrounding area draws seasonal visitors and local residents to Lake Mary and Elizabeth Lake.

Key Highlights

  • 9,100‑square‑foot Dollar General retail property built in 2010
  • Lease term extends through February 28, 3031
  • Multiple five‑year extension options with 10% rental increases every five years

Property Analytics

Current Use

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Law Firm Pharmacy Grocery & Convenience Store Plumbing Service

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

6,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby
62k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Groceries 25% Dining 24% Home Improvements & Furnishings 5%
Berkot's Super Foods Groceries
15,385 visits/mo 0.1 miles
Burger King Dining
10,094 visits/mo 0.2 miles
Dollar Tree Shops & Services
5,649 visits/mo 0.4 miles
Citgo Shops & Services
5,459 visits/mo 0.3 miles
Dollar General Shops & Services
5,354 visits/mo 0.1 miles

Demographics for 53181, WI

7,696
Population
4,479
Households
1.7
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
13.7 sq mi
ZIP Area
562
Density / Sq Mi
$93,922
Median Household Income
$55,146
Median Earnings
$1,051
Median Rent
$270,700
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 - Freestanding grocery and convenience retail asset with a double net lease structure and established national tenancy.
Where is this nnn property located?
The property is located at 740 North Lake Avenue Twin Lakes, WI.
What is the asking price?
The asking price for this property is $1,026,635.
What are key features of this property?
This property features: 9,100‑square‑foot Dollar General retail property built in 2010; Lease term extends through February 28, 3031; Multiple five‑year extension options with 10% rental increases every five years
(813) 387-4746 Call to check price and availability
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