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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 9Th Ave Brodhead, WI 53520

12,480 SF 2.86 ac lot Built 2024
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2024
Total area 12,480 SF
Lot 2.86 ac (124,582 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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