436 Grand Ave, Rosholt, WI 54473-9545
- Commercial real estate
- 1.28 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 436 Grand Ave
- Lot size
- 1.28 lot acres
- Property type
- Commercial real estate
- APN
- 176-25-1020-08.35
- APU
- 1762510200835
Description
This exceptional investment opportunity presents a fee-simple interest in a 7,490-square-foot Dollar General store located at 436 Grand Ave W, Rosholt, WI 54473. Built in 2019, this single-story building sits on a 1.275-acre lot and boasts 100% occupancy with a corporate-guaranteed, 15-year NNN lease expiring June 29, 2034. The lease includes four, five-year renewal options with a 10% rent increase each term. The property offers a compelling 5.75% cap rate and a strong net operating income (NOI) of $89,748. The asking price is $1,560,835, translating to $208.39 per square foot. This strategically located property benefits from high visibility and ample parking, situated near Rosholt High School. The property features a monument sign and additional signage for optimal brand exposure. This is a rare opportunity to acquire a well-performing, low-maintenance retail investment with a highly creditworthy tenant and significant remaining lease term of approximately 9.6 years. Lease options are available.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Rosholt
- County
- Portage
- State
- Wisconsin
- Longitude
- -89.3169
- Latitude
- 44.6283
- CBSA code
- 44620
- CBSA name
- STEVENS POINT, WI MICROPOLITAN STATISTICAL AREA
