710 Arthur Ave, Bruce, WI 54819-9452
- Commercial real estate
- 1.27 lot acres
Current Use by Public Records
- Dollar General / Discount Store
- FedEx OnSite / Postal Service / Courier Service
Property Details for 710 Arthur Ave
- Lot size
- 1.27 lot acres
- Property type
- Commercial real estate
- APN
- 106-00522-0000
- APU
- 106005220000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 17, 2021 | $2,674,000 | Savit LLC | Kesef Sar LP | Special Warranty Deed | $1.5M · National Exchange Bank & Trust |
| Jan 12, 2021 | — | Kesef Sar LP | — | Deed · related | $3.1M · Prevail Bank |
| Aug 24, 2018 | $20,000 | Dgi Bruce LLC | Jeffery S Wallace | Warranty Deed | — |
| Jan 24, 2006 | $60,000 | Jeffery S Wallace | Mary Ellen Stibak | Personal Representative Deed | — |
| Jan 24, 2006 | $37,000 | Mary Ellen Stibak | Deborah M Tinsman | Release/satis. Of Agrem. Of Sale (fee Property) · related | — |
Description
This exceptional investment opportunity presents a fee-simple interest in a recently constructed (2019) Dollar General store located in Bruce, Wisconsin. The 7,489 square foot building sits on a 1.37-acre lot with ample parking (30 spaces) and boasts excellent visibility at the intersection of Highways 40 and 8. The property benefits from a long-term, corporate-guaranteed Net Lease (NNN) with Dollar General, offering a remaining lease term of 10.1 years (expiring 12/31/2034). The lease includes four, five-year renewal options with a 10% rent increase every five years, providing significant long-term income growth potential. The property currently generates a Net Operating Income (NOI) of $73,344, representing a 5.75% capitalization rate based on the asking price of $1,275,550 ($170.32 per square foot). This single-tenant, 100% occupied property offers a secure and attractive investment opportunity with a strong national tenant and a proven track record. The property's strategic location and long-term lease make it an ideal addition to any diversified real estate portfolio. The address is 710 W Arthur Ave, Bruce, WI 54819.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,820,000
- ML approach
- $2,835,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bruce
- County
- Rusk
- State
- Wisconsin
- Longitude
- -91.2815
- Latitude
- 45.4551
