Dollar General Net Lease
For Sale
Contact for pricing
741 Churchill St, Waupaca, WI 54981
Dollar General retail building offered with a 15-year absolute NNN lease and corporately guaranteed by Dollar General Corporation.
Property Size9,100 SF
Days on Market122
Property Features for 741 Churchill St
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
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 10
Changed: Aug 8
Last Checked: Jul 23 at 3:08PM
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 store comprising approximately 9,100 square feet. The property is encumbered by an absolute NNN lease with a current term of fifteen (15) years, structured to leave zero landlord responsibilities. The lease also includes four (4) five-year renewal options, each providing for a 10% rental rate increase.
Dollar General Corporation provides a corporate guarantee. The tenant is rated “BBB,” classified as investment grade. The store is described as highly visible and is positioned in Waupaca, Wisconsin, with a five-mile population exceeding 13,200 and a five-mile average household income exceeding $59,500 per year.
The offering provides fee simple ownership of the net-leased retail property, with continued occupancy supported by the tenant’s corporate guarantee and lease structure.
Dollar General Corporation provides a corporate guarantee. The tenant is rated “BBB,” classified as investment grade. The store is described as highly visible and is positioned in Waupaca, Wisconsin, with a five-mile population exceeding 13,200 and a five-mile average household income exceeding $59,500 per year.
The offering provides fee simple ownership of the net-leased retail property, with continued occupancy supported by the tenant’s corporate guarantee and lease structure.
Key Highlights
- 9,100 SF Dollar General store in Waupaca, WI
- 15‑year absolute NNN lease with zero landlord responsibilities
- Corporately guaranteed by Dollar General Corporation (BBB/Investment Grade credit rating)
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 54981, WI
14,998
Population
8,253
Households
1.8
Avg Household Size
47
Median Age
28%
College-Educated
94%
High-School Grad
131.6 sq mi
ZIP Area
114
Density / Sq Mi
$76,821
Median Household Income
$45,326
Median Earnings
$800
Median Rent
$204,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Dollar General retail building offered with a 15-year absolute NNN lease and corporately guaranteed by Dollar General Corporation.
Where is this nnn property located?
The property is located at 741 Churchill St Waupaca, WI.
What are key features of this property?
This property features: 9,100 SF Dollar General store in Waupaca, WI; 15‑year absolute NNN lease with zero landlord responsibilities; Corporately guaranteed by Dollar General Corporation (BBB/Investment Grade credit rating)
