1010 Leed Pkwy Plain, WI 53577
- Retail properties
- 10,640 SF
- 2.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1010 Leed Pkwy
- Year built
- 2024
- Lot size
- 2.00 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 Plain, Wisconsin. The property boasts 10,640 square feet on a 2-acre lot, situated at 1010 Leed Pkwy, 53577. Built in 2024, this Class A retail building features a 15-year NNN lease with a corporate guarantee, ensuring consistent income and minimal landlord responsibilities. The lease has a remaining term of 15 years, providing long-term stability and predictable cash flow. With 100% occupancy and a strong 6.75% cap rate, this property offers a compelling return on investment. The asking price is $1,850,968, translating to $173.96 per square foot. The property is zoned commercial and benefits from its location in Sauk County, Wisconsin. This is a rare opportunity to acquire a high-performing asset backed by a nationally recognized and financially stable tenant. The property's strong fundamentals, coupled with the long-term lease and corporate guarantee, make it an ideal addition to any diversified real estate portfolio. This is a turnkey investment with minimal management requirements, promising significant returns for years to come.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plain
- County
- Sauk
- State
- Wisconsin
- Longitude
- -90.0464
- Latitude
- 43.2826
