Discount
Dollar General
710 Elm St, Boscobel, WI 53805
Listing Price: $710,000
Investment Overview
Marcus & Millichap is pleased to offer for sale a fee simple interest in a 9,014-square-foot building located at 710 Elm St., Boscobel, WI 53805 (the Property), in which Dollar General has just over five years remaining on their exercised lease option. The lease also features three, five-year renewal options, with 10 percent increases at the beginning of each option to offset inflation. The Property sits on a 0.71-acre parcel with a concrete parking lot and is strategically located in southwest Wisconsin, a little west of Madison, on U.S. Route 61, a major north-south route running from Minnesota through Louisiana. Neighbors include a BP fuel station and c-store, Subway, A&W Restaurant, Kwik Trip fuel station and c-store, Edward Jones, Piggly Wiggly, Emplify Health Boscobel Area Hospital, Family Dollar | Dollar Tree combo store, Bumper to Bumper, Casey’s, and NAPA Auto Parts.
Investment Highlights
- Double Net Lease – Minimal Landlord Responsibilities
- Recently Remodeled Interior of the Store
- Tenant Recently Exercised First, Five-Year Renewal Option
- 5.1 Years Remaining on First Renewal Option With Three Renewal Options Remaining
- 10% Rental Increases in Each Renewal Option to Offset Inflation
- Low Rent per Square Foot — Under $7 PSF
- Strong Credit Tenant
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Listing Price: $710,000
Investment Highlights
- Double Net Lease – Minimal Landlord Responsibilities
- Recently Remodeled Interior of the Store
- Tenant Recently Exercised First, Five-Year Renewal Option
- 5.1 Years Remaining on First Renewal Option With Three Renewal Options Remaining
- 10% Rental Increases in Each Renewal Option to Offset Inflation
- Low Rent per Square Foot — Under $7 PSF
- Strong Credit Tenant
Investment Overview
Marcus & Millichap is pleased to offer for sale a fee simple interest in a 9,014-square-foot building located at 710 Elm St., Boscobel, WI 53805 (the Property), in which Dollar General has just over five years remaining on their exercised lease option. The lease also features three, five-year renewal options, with 10 percent increases at the beginning of each option to offset inflation. The Property sits on a 0.71-acre parcel with a concrete parking lot and is strategically located in southwest Wisconsin, a little west of Madison, on U.S. Route 61, a major north-south route running from Minnesota through Louisiana. Neighbors include a BP fuel station and c-store, Subway, A&W Restaurant, Kwik Trip fuel station and c-store, Edward Jones, Piggly Wiggly, Emplify Health Boscobel Area Hospital, Family Dollar | Dollar Tree combo store, Bumper to Bumper, Casey’s, and NAPA Auto Parts.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager