208 Pacific St Spencer, WI 54479

This exceptional investment opportunity presents a recently renovated (2023) Dollar General store in Spencer, Wisconsin. Located at 208 S Pacific St, this 9,014 square foot property sits on a 2-acre lot and boasts a strong 9.00% cap rate, generating a net operating income (NOI) of $55,620. The property features a corporate-guaranteed, Net Net (NN) lease with Dollar General, a credit-rated tenant with a significant market presence. The lease commenced June 13, 2006, and expires November 30, 2026, with five, 5-year options remaining, each including a 10% rent increase. The property benefits from a high average household income ($95,678) within a 5-mile radius and a lack of competing discount retailers. This is a single-tenant, 100% occupied retail building constructed in 2006, offering a secure and profitable investment with a low price point of $618,000. The property's strong tenant, favorable lease terms, and prime location make it an attractive addition to any portfolio. The location is in Marathon County, Wisconsin, zip code 54479.