0 9Th Ave Brodhead, WI 53520
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 12,480-square-foot Dollar General store in Brodhead, Wisconsin. Built in 2024, this single-story building sits on a 2.86-acre lot in a commercial zone and enjoys a prime location on a signalized corner with 7,755 cars passing daily. The property boasts a 15.1-year absolute triple-net (NNN) lease, commencing January 14, 2024, and expiring January 31, 2039, with a remaining term of 14.2 years. The lease includes five 5-year renewal options, each with a 5% rent increase. The tenant, Dollar General, is credit-rated and provides a corporate guarantee, ensuring consistent income. The current annual net operating income (NOI) is $130,216, resulting in a 6.75% capitalization rate at the asking price of $1,929,125 ($154.58 per square foot). The strong demographics, with a three-mile average household income of $70,800 and a ten-mile population of 14,266, further solidify this investment's potential. This property is ideal for 1031 exchange buyers or passive investors seeking a secure, high-return investment with minimal landlord responsibilities. The property's success is underpinned by Dollar General's financial strength and market dominance as a leading small-box retailer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.