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Dollar General | Corp Single Tenant NN Lease 105 N 4th St 10,601 SF Retail Building Tomahawk, WI 54487 $1,704,418 CAD ($160.78 CAD/SF) 8.25% Cap Rate

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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.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,601 SF
Building Class
C
Year Built/Renovated
1995/2019
Price
$1,704,418 CAD
Price Per SF
$160.78 CAD
Cap Rate
8.25%
NOI
$140,569 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

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Huntington National Bank
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 286-3506-343-0204
  • 286-3506-343-0205
Land Assessment
$53,302 CAD
Improvements Assessment
$754,550 CAD
Total Assessment
$807,852 CAD
  • Listing ID: 35759407

  • Date on Market: 2025-05-06

  • Last Updated:

  • Address: 105 N 4th St, Tomahawk, WI 54487

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