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Dollar General 208 S Pacific St 9,014 SF Retail Building Spencer, WI 54479 $851,808 CAD ($94.50 CAD/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Recently renovated in April of 2023, showing Dollar General’s commitment to this location
- Limited competition: No other discount retailer in the surrounding market.
- Dollar General boasts an investment grade credit rating of BBB (S&P)
- Five, 5 year options, which all include 10% increases
- Extremely strong corporately guaranteed lease
- Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future
EXECUTIVE SUMMARY
±2YRS, Recently renovated in April of 2023, showing Dollar General’s commitment to this location.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,014 SF
Building Class
C
Year Built
2006
Price
$851,808 CAD
Price Per SF
$94.50 CAD
Cap Rate
9%
NOI
$76,663 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.09 AC
Frontage
150’ on Pacific St.
PROPERTY TAXES
| Parcel Number | 181-2602-082-1107 | Improvements Assessment | $528,702 CAD |
| Land Assessment | $87,059 CAD | Total Assessment | $615,760 CAD |
PROPERTY TAXES
Parcel Number
181-2602-082-1107
Land Assessment
$87,059 CAD
Improvements Assessment
$528,702 CAD
Total Assessment
$615,760 CAD
CONTACTS
-
Scotty Latimer -
Josh Bishop -
Wyatt Wagner -
Matthews Real Estate Investment Services
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Dollar General | 208 S Pacific St
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