1141 15th Ave Union Grove, WI 53182-1558

This exceptional investment opportunity presents a 10-year, triple-net (NNN) lease on a newly constructed (2024) 1.09-acre retail property in Union Grove, Wisconsin. The property is 100% occupied by a portfolio of Dollar General, Dollar Tree, and Family Dollar stores, offering a strong corporate guarantee and investment-grade credit rating. The lease commenced February 6th, 2025, and expires February 28th, 2035, with five, five-year renewal options, each including a $5,000 rent increase. The property boasts a 7.50% cap rate and a net operating income (NOI) of $185,000, with an asking price of $2,466,667. Located at 1141 15th Ave, Union Grove, WI 53182 (Racine County), this site benefits from a prime location just 30 miles from Milwaukee, within a 10-mile radius boasting a population of 73,769 residents and an average household income of $119,836. The property features a concrete parking lot and a 20-year transferable roof warranty. Strong co-tenancy includes McDonald's, Napa Auto Parts, Dairy Queen, Piggly Wiggly, and Domino's Pizza. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a secure, long-term lease.