5687 4Th Ave Pittsville, WI 54466
For Sale
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.
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.