Current Use by Public Records
- Retail properties & Spaces
Property Details for 8020 70
- Year built
- 2017
- Lot size
- 1.89 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional 7,500 square foot retail property, built in 2017, is located at 8020 South 70 East, Saint Germain, WI 54558. The property features a Dollar General store with a FedEx OnSite location, operating under a Net Lease (NNN) agreement with a corporate guarantee. The 15-year lease, commencing November 27, 2017, has a remaining term of 8 years, with four (5-year) renewal options, each including a 10% rent increase. The property sits on a 1.89-acre lot and boasts a 6.80% cap rate, generating a Net Operating Income (NOI) of $76,232. The single-story building enjoys 100% occupancy and benefits from a high-traffic location on State Hwy 70 E, experiencing over 5,000 vehicles per day. The strong tenant, Dollar General, and the favorable lease terms make this a compelling investment opportunity in a thriving community with a population exceeding 2,000 within a 5-mile radius. The asking price is $1,121,059. This property offers a stable, long-term income stream with significant upside potential.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Saint Germain
- County
- Oneida
- State
- Wisconsin
- Longitude
- -89.4765
- Latitude
- 45.9218
