Discount
Dollar General | South of Lake Superior (3.5+ Million Visitors/Year) | New 15-Year Absolute NNN
County Rd E, Lake Nebagamon, WI 54849
Listing Price: $1,854,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$13.96
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Nebagamon, WI.
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on an Oversized Parcel
- Serving Over 44,000 Residents in Douglas County
- Excellent Visibility and Access Along Major North/South Artery
Exclusively Listed By
Broker of Record
-
Todd Lindblom
Senior Managing Director, Market Leader- Milwaukee/Minneapolis
Discount
Dollar General | South of Lake Superior (3.5+ Million Visitors/Year) | New 15-Year Absolute NNN
Listing Price: $1,854,000
Cap Rate
6.85%
Tenant Name
Dollar General
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$13.96
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 5% Rental Increases Every 5 Years Throughout the Base Term and Options
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- Brand New Construction on an Oversized Parcel
- Serving Over 44,000 Residents in Douglas County
- Excellent Visibility and Access Along Major North/South Artery
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Nebagamon, WI.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
Senior Managing Director, Market Leader- Milwaukee/Minneapolis