333 Prospect Ave, North Fond Du Lac, WI 54937-1466

This exceptional investment opportunity features a 9,014 square foot Dollar General store situated on a 1.27-acre lot in North Fond du Lac, Wisconsin. The property boasts a strong 8.00% cap rate and a substantial Net Lease (NN+) with a credit-rated corporate guarantor. The current lease, commenced November 1, 2004, has a remaining term of approximately 5.9 years, extending to October 31, 2030. The lease includes 10% rent bumps in each option period. The asking price is $760,813, translating to $84.40 per square foot. Built in 2004, this location benefits from a recently redone parking lot and enjoys high visibility on Prospect Avenue, a road with over 7,500 vehicles per day. The property's strategic location is proximate to major retailers including Walmart, Target, and numerous restaurants and services, and is conveniently located near I-41, a freeway with 47,000 vehicles daily. The property is also adjacent to a 293-unit manufactured home community and a newly constructed 62-unit apartment complex. The strong tenant history, coupled with the favorable lease terms and prime location, makes this a compelling investment opportunity with significant long-term potential. The property's Net Operating Income (NOI) is $60,865. Fond du Lac's robust economy, anchored by Mercury Marine and its supporting industries, further enhances the investment's attractiveness.