Log In/Sign Up
Your email has been sent.
1400 Ihm St 9,014 SF Retail Building Lancaster, WI 53813 $1,244,221 CAD ($138.03 CAD/SF) 8.50% Cap Rate
Executive Summary
Well-maintained NN leased standalone building occupied by Dollar General in Lancaster, Wisconsin. Dollar General has successfully operated at this location since 2005 and is currently in Option #3 of (5) separate 5-year renewal options. The current lease term expires on March 31, 2030, with two (2) additional 5-year extension options remaining. Rent increases by 10% upon the execution of each renewal option.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
9,014 SF
Building Class
C
Year Built
2005
Price
$1,244,221 CAD
Price Per SF
$138.03 CAD
Cap Rate
8.50%
NOI
$105,759 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.88 AC
Zoning
Commercial
Somewhat walkable
30/100
Exceptionally drivable
90/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 246-01530-0040 | Improvements Assessment | $938,807 CAD |
| Land Assessment | $68,686 CAD | Total Assessment | $1,007,494 CAD |
Property Taxes
Parcel Number
246-01530-0040
Land Assessment
$68,686 CAD
Improvements Assessment
$938,807 CAD
Total Assessment
$1,007,494 CAD
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1400 Ihm St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.