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Family Dollar (Dark) 7775 Us Highway 2 8,359 SF Retail Building Iron River, WI 54847 $1,488,806 CAD ($178.11 CAD/SF) 9.50% Cap Rate
Investment Highlights
- Absolute NNN lease with zero landlord responsibilities, offering 100% passive income.
- Family Dollar operates over 7,100 locations with ~$13B in reported annual revenue.
- ~160 feet of direct frontage along US-2 with 5,900 vehicles per day.
- Corporate tenant contractually obligated for rent, taxes, insurance, and maintenance.
- Passive value-add: high-yield corporate income with long-term repositioning upside.
- Bayfield County tourism generates ~$100 million in annual revenue countywide.
Executive Summary
License # 51983-90, 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
The property at 7775 US Highway 2 provides a highly visible freestanding retail building in the heart of Iron River’s primary commercial corridor. Situated along U.S. Highway 2, this location offers exceptional exposure to consistent local and through traffic. The site includes on-site parking and an open interior layout that can easily accommodate retail, service, or specialty users. Its strong regional accessibility and flexibility make this space a practical choice for operators seeking a well-positioned location in Northern Wisconsin’s retail market.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,359 SF | Retail | - | Now |
1st Floor
| Size |
| 8,359 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 8,359 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
The property at 7775 US Highway 2 provides a highly visible freestanding retail building in the heart of Iron River’s primary commercial corridor. Situated along U.S. Highway 2, this location offers exceptional exposure to consistent local and through traffic. The site includes on-site parking and an open interior layout that can easily accommodate retail, service, or specialty users. Its strong regional accessibility and flexibility make this space a practical choice for operators seeking a well-positioned location in Northern Wisconsin’s retail market.
Property Taxes
| Parcel Number | 04-024-2-47-08-07-4-01-000-15100 | Improvements Assessment | $620,913 CAD |
| Land Assessment | $126,846 CAD | Total Assessment | $747,759 CAD |
Property Taxes
Contacts
-
Nathan Fitzgibbons -
Keegan Mulcahy -
Cade Norland -
Matthews Real Estate Investment Services
Presented by
Family Dollar (Dark) | 7775 Us Highway 2
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