7941 Chitko Rd Armstrong Creek, WI 54103
- Retail properties
- 10,640 SF
- 1.70 lot acres
Current Use by Public Records
- Retail properties
Property Details for 7941 Chitko Rd
- Year built
- 2024
- Lot size
- 1.70 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, single-tenant Dollar General convenience store in Armstrong Creek, Wisconsin. The property boasts 10,640 square feet on a 1.7-acre lot, built in 2024, and features a Class A building with a 15-year NNN lease remaining. The tenant, Dollar General, is a highly reputable and profitable national retailer, ensuring consistent cash flow. Located at 7941 Chitko Rd, Armstrong Creek, WI 54103, this property offers a compelling 6.75% cap rate and a price per square foot of $160.17. The property is zoned for commercial use and enjoys 100% occupancy. This is a turnkey investment with significant long-term potential, offering a secure and profitable addition to any portfolio. The building is a single-story structure, and the lease includes renewal options. This is a rare opportunity to acquire a high-performing asset in a stable market. The property's strong tenant, long-term lease, and attractive financial metrics make it an ideal investment for discerning buyers. The location in Forest County, Wisconsin, provides access to a significant customer base.
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
- Armstrong Creek
- County
- Forest
- State
- Wisconsin
- Longitude
- -88.436
- Latitude
- 45.66
