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DOLLAR GENERAL 303 DOUGLAS DR,BROOKLYN & 510 GRANDVIEW AVE, CAMPBELLSPORT, WI

48
Property size: +/- 1.02 AC to +/- 1.80 AC
Structure: Bedrooms
Accommodation:
Heating:
$2,551,560
For Sale
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Features

DOLLAR GENERAL
303 DOUGLAS DR | BROOKLYN, WI
510 GRANDVIEW AVE | CAMPBELLSPORT, WI
Brooklyn | $1,295,000
Campsbellsport | $1,255,660

 

Cushman & Wakefield | BOERKE is pleased to offer for sale this portfolio of two Dollar General locations, the first in Brooklyn, WI and the second in Campbellsport, WI. Both properties were constructed in 2014 and have approximately seven (7) years remaining on their Absolute Net lease, providing an incoming investor with a passive investment with the largest retailer in the country. There are three (3) – five (5) year options at a 10% increase for both properties and the leases are guaranteed by Dollar General Corporation, which holds a credit rating of “BBB.”

 

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

Address: 303 Douglas Dr, Brooklyn, WI | 510 Grandview Ave, Campbellsport, WI

Price:
Brooklyn $1,295,900
Campbellsport $1,255,660
Total: $2,551,560

 

Cap Rate: 5.85%

Total Rent:
Brooklyn $75,810
Campbellsport $73,456
Total: $149,266

Lease Types: Absolute Net
Term: Approx. 7 Years Remaining

Location
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Country: US
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