202 East Elm Dr Loyal, WI 54446
This exceptional investment opportunity presents a 9,100 square foot, single-story Dollar General convenience store with an on-site FedEx location. Built in 2017, the property sits on a 1.55-acre lot at 202 East Elm Drive in Loyal, Wisconsin (zip code 54446), a high-traffic area boasting over 3,000 vehicles daily. The property benefits from a triple-net (NNN) lease, eliminating landlord responsibilities. The tenant, Dollar General, is backed by a corporate guarantee, ensuring consistent income. The current lease features four (with five-year options) remaining lease terms, with a 10% rent bump in each option. The property boasts a 6.80% cap rate and a strong net operating income (NOI) of $79,824, representing a 100% occupancy rate. The average household income within a 5-mile radius exceeds $88,000, indicating a robust consumer base. This Dollar General store is ranked in the 80th percentile of all Dollar General stores statewide, demonstrating its strong performance. The property is offered at an asking price of $1,173,882 and can be purchased individually or as part of a larger portfolio. This presents a compelling investment opportunity for those seeking a stable, high-performing retail asset in a desirable location. The property's modern design and prime location make it an attractive investment for long-term growth and passive income generation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.