W2883 Granton Rd Chili, WI 54436
- Retail properties
- 10,640 SF
- 1.80 lot acres
Current Use by Public Records
- Retail properties
Property Details for W2883 Granton Rd
- Year built
- 2023
- Lot size
- 1.80 lot acres
- Property size
- 10,640 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a brand-new, Class A, 10,640 square foot Dollar General convenience store located at W2883 Granton Rd, Granton, WI 54436, Clark County. Built in 2023, this single-story building sits on a 1.8-acre lot and boasts a 100% occupancy rate with a remaining lease term of 14 years. The property is zoned for commercial use and features a NNN lease structure, minimizing landlord responsibilities. The asking price is $1,550,186.48, representing a compelling price per square foot of $145.69 and a 7.25% cap rate. This is a single-tenant property with Dollar General, a Fortune 500 company, as the anchor tenant. The store benefits from its convenient location and serves the community's needs for affordable household supplies, groceries, and other essential items. This presents a stable, high-yield investment opportunity with significant long-term potential. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any investment portfolio. This is a turnkey operation with minimal management requirements, offering a passive income stream for years to come.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chili
- County
- Clark
- State
- Wisconsin
- Longitude
- -90.3446
- Latitude
- 44.5839