Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    202 Elm Dr Loyal, WI 54446

    For Sale
    $1,173,882

    Loyal, WI: High-Traffic Retail Property

    Property size:
    9,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 9,100 square foot, single-story Dollar General convenience store with an on-site FedEx location. Built in 2017, the property sits on a 1.55-acre lot at 202 East Elm Drive in Loyal, Wisconsin (zip code 54446), a high-traffic area boasting over 3,000 vehicles daily. The property benefits from a triple-net (NNN) lease, eliminating landlord responsibilities. The tenant, Dollar General, is backed by a corporate guarantee, ensuring consistent income. The current lease features four (with five-year options) remaining lease terms, with a 10% rent bump in each option. The property boasts a 6.80% cap rate and a strong net operating income (NOI) of $79,824, representing a 100% occupancy rate. The average household income within a 5-mile radius exceeds $88,000, indicating a robust consumer base. This Dollar General store is ranked in the 80th percentile of all Dollar General stores statewide, demonstrating its strong performance. The property is offered at an asking price of $1,173,882 and can be purchased individually or as part of a larger portfolio. This presents a compelling investment opportunity for those seeking a stable, high-performing retail asset in a desirable location. The property's modern design and prime location make it an attractive investment for long-term growth and passive income generation.

    Property Features for 202 Elm Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,100 SF
    Lot Size
    67,518 SF

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    HighLights

    • 9,100 SF modern retail building.
    • Built in 2017.
    • Tenanted by Dollar General with FedEx OnSite.
    • Triple‑net (NNN) lease; zero landlord responsibilities.
    • High‑traffic location on E Elm Dr (3,000+ vehicles daily).
    • Strong demographics: $88,000+ average household income within a 5‑mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loyal
    County
    Clark
    State
    Wisconsin
    Longitude
    -90.4945999
    Latitude
    44.741779

    Nearby Comparable

    • $137,500
      1,634 SF

      Commercial Property with Guaranteed Income

      Affordable commercial property in Loyal, WI with long-term lease income.
      329 N Main St, Loyal, WI 54446
      View Details
    • $200,000
      7,224 SF

      Historic Bar and Bowling Alley

      Turn-key bar and bowling alley with spacious upstairs apartment.
      211 S Main St, Greenwood, WI 54437
      View Details
    • $1,776,000
      283.00 Acres

      283 Acres Organic Farmland Spencer

      283 acres of organic farmland with scenic woods in Spencer, WI.
      Hi Line Ave, Spencer, WI 54479
      View Details
    • $213,050
      42.61 Acres

      Greenwood Hunting Land with Acreage

      42 acre hunting land parcel with drivable access.
      O 42.610 Acres County Rd, Greenwood, WI 54437
      View Details
    • $799,900

      Remodeled Commercial Building in Spencer

      Well-maintained commercial building with shop, office, and storage space.
      102 W Clark St, Spencer, WI 54479
      View Details

    Nearby Similar for Sale

    • $137,500
      1,634 SF

      Commercial Property with Guaranteed Income

      Affordable commercial property in Loyal, WI with long-term lease income.
      329 N Main St, Loyal, WI 54446
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Loyal, WI: High-Traffic Retail Property
    Where is this individual retail property located?
    The property is located at 202 Elm Dr Loyal, WI.
    What is the asking price?
    The asking price for this property is $1,173,882.
    What are key features of this property?
    This property features: 9,100 SF modern retail building.; Built in 2017.; Tenanted by Dollar General with FedEx OnSite.
    Request Owner's contact information
    202 Elm Dr Loyal, WI 54446
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    202 Elm Dr
    Loyal, WI 54446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    202 Elm Dr Loyal, WI 54446
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.