Discount
Dollar General
614 N Cincinnati St, Albany, WI 53502
Listing Price: $1,180,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in 614 North Cincinnati Street (the Property), a 9,100-square-foot building in which Dollar General has eight years remaining on their long-term, absolute net lease. The corporately guaranteed lease also has four, five-year renewal options at the end of the firm lease term, with 10% rental increases in each option to offset inflation. The Property sits on a large 1.07-acre lot and is strategically located off of State Highway 59, a state highway that runs east-west in the southeastern part of Wisconsin from the cities of Milwaukee to Monroe. Directly northwest of the Property is the Albany Wildlife Area, a wildlife refuge consisting of over 2,000 acres of land that many Wisconsin residents use for hunting, fishing, trapping, hiking, cross-country skiing and other nature-based activities.
Investment Highlights
- Absolute Triple Net Lease – Zero Landlord Responsibilities
- Eight Years of Firm Term Remaining on Original 15 Year Lease & Numerous Renewal Options
- 10% Rental Increases in Each Renewal Option to Offset Inflation
- Corporately Guaranteed Lease – Strong Credit Tenant
- Below-Market Rents - $8.13 Rent Per Square Foot
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Listing Price: $1,180,000
Investment Highlights
- Absolute Triple Net Lease – Zero Landlord Responsibilities
- Eight Years of Firm Term Remaining on Original 15 Year Lease & Numerous Renewal Options
- 10% Rental Increases in Each Renewal Option to Offset Inflation
- Corporately Guaranteed Lease – Strong Credit Tenant
- Below-Market Rents - $8.13 Rent Per Square Foot
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in 614 North Cincinnati Street (the Property), a 9,100-square-foot building in which Dollar General has eight years remaining on their long-term, absolute net lease. The corporately guaranteed lease also has four, five-year renewal options at the end of the firm lease term, with 10% rental increases in each option to offset inflation. The Property sits on a large 1.07-acre lot and is strategically located off of State Highway 59, a state highway that runs east-west in the southeastern part of Wisconsin from the cities of Milwaukee to Monroe. Directly northwest of the Property is the Albany Wildlife Area, a wildlife refuge consisting of over 2,000 acres of land that many Wisconsin residents use for hunting, fishing, trapping, hiking, cross-country skiing and other nature-based activities.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager

