5687 4Th Ave, Pittsville, WI 54466
- Commercial real estate
- 1.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5687 4Th Ave
- Lot size
- 1.18 lot acres
- Property type
- Commercial real estate
- APN
- 3100002A
- APU
- 3100002A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 2, 2018 | — | Grand Eagle Investments | Dgi Pittsville LLC | Warranty Deed | $3.9M · Bremer Bank |
Description
This exceptional investment opportunity features a 7,500 square foot, single-tenant Dollar General with FedEx OnSite, located at 5687 4th Avenue, Pittsville, WI 54466. Built in 2018, this free-standing building sits on a 1.27-acre lot and is currently operating at 100% occupancy under a 15-year NNN lease with a corporate guarantee. The lease includes four (5) year renewal options with a 10% rent increase in each option. The property boasts a strong 6.80% cap rate and a Net Operating Income (NOI) of $78,384, representing an asking price of $1,152,705. Situated in a prime location with over 2,000 residents within a 5-mile radius and high daily traffic counts on State Highway 73 (2,000 vehicles per day), this property offers exceptional stability and growth potential. The modern design and ample space make it an attractive investment for discerning buyers seeking a low-maintenance, high-return retail asset. This is a single-story building with a strong tenant and a proven track record. The property is offered as a single investment opportunity. This is a turnkey investment with minimal landlord responsibilities.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Pittsville
- County
- Wood
- State
- Wisconsin
- Longitude
- -90.126
- Latitude
- 44.4528
- CBSA code
- 49220
- CBSA name
- WISCONSIN RAPIDS-MARSHFIELD, WI MICROPOLITAN STATISTICAL AREA
