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Dollar General | Corp Single Tenant NN Lease 105 N 4th St 10,601 SF Retail Building Tomahawk, WI 54487 $1,669,168 CAD ($157.45 CAD/SF) 8.25% Cap Rate



Investment Highlights
- Over six years remain on the NN lease, with four (5-year) renewal options
- Dollar General invested approx. $500k into tenant improvements at this site
- Ideally positioned in the heart of Tomahawk’s downtown core, just blocks from key municipal offices including City Hall, the Fire Department, the Poli
- Relocation store for DG in 2021, built to reflect latest expanded grocery and home décor concept
- Located at the signalized intersection of N 4th Street (9,400 VPD) and E Somo Avenue (3,800 VPD)
- This Dollar General has over 158,000 annual visitors (top 75th percentile nationally, 96th percentile in WI) and is the most visited within 15 miles
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased Dollar General investment property located in Tomahawk, Wisconsin. The lease is backed by a corporate guarantee from Dollar General, one of the most recognized and stable retail brands in the U.S. with over 20,000 locations. The tenant is committed to the site with over six years remaining on the initial lease term and four (5-year) renewal options. The lease is structured as double net (NN), with the tenant covering most operating expenses, including taxes and insurance, while the landlord is only responsible for roof, structure, and foundation, providing a low-management investment well-suited for out-of-state owners.
Strategically located at the signalized hard corner intersection of N 4th Street (9,400 VPD) and E Somo Avenue (3,800 VPD), the property boasts excellent visibility and access. It is positioned in the heart of Tomahawk’s primary retail corridor and enjoys strong tenant synergy from nearby national brands including McDonald’s, Ace Hardware, and O’Reilly Auto Parts, promoting consistent crossover traffic. According to Placer.AI, this location ranks in the 75th percentile nationally and 96th percentile in Wisconsin for annual visits among comparable Dollar General stores and is the most visited Dollar General within a 15-mile radius, demonstrating strong site-level performance and reliable consumer demand. This offering presents an opportunity to invest in a high-performing, corporately guaranteed, essential retail asset in a strong rural market, with a stable income stream and long-term value backed by one of the nation’s most successful retail chains.
Strategically located at the signalized hard corner intersection of N 4th Street (9,400 VPD) and E Somo Avenue (3,800 VPD), the property boasts excellent visibility and access. It is positioned in the heart of Tomahawk’s primary retail corridor and enjoys strong tenant synergy from nearby national brands including McDonald’s, Ace Hardware, and O’Reilly Auto Parts, promoting consistent crossover traffic. According to Placer.AI, this location ranks in the 75th percentile nationally and 96th percentile in Wisconsin for annual visits among comparable Dollar General stores and is the most visited Dollar General within a 15-mile radius, demonstrating strong site-level performance and reliable consumer demand. This offering presents an opportunity to invest in a high-performing, corporately guaranteed, essential retail asset in a strong rural market, with a stable income stream and long-term value backed by one of the nation’s most successful retail chains.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,601 SF
Building Class
C
Year Built/Renovated
1995/2019
Price
$1,669,168 CAD
Price Per SF
$157.45 CAD
Cap Rate
8.25%
NOI
$137,662 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.49 AC
Zoning
Commercial
Parking
25 Spaces (2.36 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $731,508 CAD | |
| Land Assessment | $51,674 CAD | Total Assessment | $783,183 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$51,674 CAD
Improvements Assessment
$731,508 CAD
Total Assessment
$783,183 CAD
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Dollar General | Corp Single Tenant NN Lease | 105 N 4th St
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