Dollar General – Fairchild, WI

$1,690,815
Price
$109,902.96
Noi
6.50%
Cap Rate
10,640
Leasable Area
2023
Year Built

We are pleased to present this 2023 BTS, 10,640 SF. Dollar General plus store located in Fairchild, Wisconsin. The property offers a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains 4 (5 year) options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store recently completed construction & successfully opened to the public in September 2023.

This Dollar General is highly visible as it is strategically positioned on the corner of Primus Road and Highway 10, seeing 6,089 cars per day. It sits across from a Cenex gas station & is the only dollar store serving the community! The ten mile population from the site is 5,501 while the three mile average household income $66,684 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.50% cap rate based on NOI of $109,902.96.

INVESTMENT HIGHLIGHTS
• Brand New 15 Year Absolute NNN Lease
• Zero Landlord Responsibilities
• 2023 BTS Construction | Just Opened!
• 4 (5 Year) Options | 10% Increases At Each Option
• Three Mile Household Income $66,684
• Ten Mile Population 5,501
• 6,089 Cars Per Day on Primus Road and Highway 10
• Investment Grade Dollar Store | BBB Credit Rating
• DG Reported 32 Consecutive Years of Same Store Sales Growth
• The Only Dollar Store Serving the Community!
• Corner Site on Main Throughfare

Instate Broker of Record: Brian Brockman | Bang Realty

CONTACT US REGARDING THIS LISTING

BRYAN BENDER

Partner

ANDREW BENDER

Investment Advisor

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