1105 Bluff Rd Whitewater, WI 53190

This exceptional investment opportunity features a brand-new, 10,640-square-foot Dollar General Plus store in Whitewater, Wisconsin. Built in 2023, the property boasts a 15.1-year absolute NNN lease with a corporate guarantee from Dollar General Corporation, a credit-rated tenant (BBB). The lease commenced March 2, 2023, and includes five 5-year renewal options, each with a 5% rent increase, ensuring consistent income growth. The property's strategic location on a roundabout corner with high daily traffic (7,740 cars) and proximity to the University of Wisconsin-Whitewater (2 miles) and a limited competitive landscape (nearest competitor 9 miles away) contributes to its strong performance. The property's 1.86-acre lot is zoned commercial and offers excellent visibility. The current net operating income (NOI) is $99,552, representing a 6.75% cap rate on the $1,474,844 asking price. The average household income within a three-mile radius is $59,855, and the ten-mile population is 40,581, supporting the store's success. This fee-simple ownership offers a compelling opportunity for 1031 exchange buyers or passive investors seeking a stable, high-return investment with minimal landlord responsibilities. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any portfolio.