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DOLLAR GENERAL – PORTFOLIO SALE 303 DOUGLAS DR, BROOKLYN, & 510 GRANDVIEW AVE, CAMPBELLSPORT, WI 2

28
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Structure: Bedrooms
Accommodation:
Heating:
$2,551,550
For Sale
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Features

DOLLAR GENERAL – PORTFOLIO SALE

FOR SALE | $2,551,550 / 5.85% CAP

INVESTMENT HIGHLIGHTS

  • 15 Year Absolute Net Lease (approx. 7 years remaining)
  • Strong Demographics compared to average Dollar General Store
  • No Landlord Responsibility
  • Dollar General Has 18,000+ Stores Nationwide
  • Investment Grade Credit
  • 10% Increase in Option Periods’

Basic Details:

Chosen for its convenient location in close proximity to Campbellsport Elementary, Piggly Wiggly and more. There are 25,000+ residents within 10 miles of this Dollar General with the average household income over $79,000.

ADDRESS: 303 Douglas Dr, Brooklyn, WI  & 510 Grandview Ave, Campbellsport, WI
PRICE: $2,551,550
CAP RATE: 5.85%
TOTAL RENT: $149,266
LEASE TYPES: Absolute Net
TERM: Approx. 7 years remaining

 

PROPERTY DETAILS – 303 DOUGLAS DR, BROOKLYN, WI

BUILDING SIZE (SF): +/- 9,002 SF
YEAR BUILT: 2014
PARCEL SIZE (AC): +/- 1.02 AC
RENT: $75,810
ORIGINAL TERM: 15 years
START DATE: 7/4/2014
END DATE: 7/3/2029
TERM REMAINING: 6 years 11 months
RENEWAL OPTIONS: Three (3) – five (5) year options with a scheduled 10% rent increase at the beginning of each option

 

PROPERTY DETAILS – 510 GRANDVIEW AVE, CAMPBELLSPORT, WI

BUILDING SIZE (SF): +/- 9,100 SF
YEAR BUILT: 2014
PARCEL SIZE (AC): +/- 1.80 AC
RENT: $73,456
ORIGINAL TERM: 15 years
START DATE: 8/13/2014
END DATE: 8/12/2029
TERM REMAINING: 7 years
RENEWAL OPTIONS: Three (3) – five (5) year options with a scheduled 10% rent increase at the beginning of each option

Location
Full Address: 510 Grandview Ave, Campbellsport, WI 53010, USA
Simple Address:
ZIP Code:
Country: US
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