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STNL Dollar General | 35k people in 3Miles 333 Prospect Ave

9,014 SF Retail Building Fond Du Lac, WI 54937 $1,121,037 CAD ($124 CAD/SF) 7.85% Cap Rate

INVESTMENT HIGHLIGHTS

  • Dollar General Corporate Guaranty; S&P Investment Grade Credit “BBB”; Minimal Landlord Responsibilities; Limited to Roof & Structure
  • Located on Prospect Avenue; a main arterial corridor from North Fond Duc Lac’s residential communities to downtown and the surrounding area
  • Fond Du Lac is a central hub location with less than 1 hour drive from Milwaukee, Madison, and Green Bay
  • 20+ years of successful operating history; Tenant has been operating out of this location since 2004; Recent 5 Year Lease Extension
  • Strong demographics; $75,000+ AHHI & Over 35,000 people within 3 miles; Steady population growth within 3 miles; 8% growth from 2020
  • Positioned at the southern tip of Lake Winnebago, Fond Du Lac benefits annually from tourist seeking outdoor adventure

EXECUTIVE SUMMARY

Excellent 1031 Exchange Opportunity

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
C
Year Built
2004
Price
$1,121,037 CAD
Price Per SF
$124 CAD
Cap Rate
7.85%
NOI
$88,040 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.27 AC
Zoning
Commercial - commercial
Parking
28 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
220 ft on Prospect Avenue

AMENITIES

  • Security System
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 9,014 SF
  • -
  • Net
  • Oct 2030

DG is proud to be America’s neighborhood general store. We 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 9,014 SF - Net Oct 2030

NEARBY MAJOR RETAILERS

U.S. Bank
Sunbelt Rentals
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
V05-15-17-04-07-002-00
Land Assessment
$151,506 CAD
Improvements Assessment
$452,108 CAD
Total Assessment
$603,614 CAD
  • Listing ID: 34465967

  • Date on Market: 2025-01-13

  • Last Updated:

  • Address: 333 Prospect Ave, Fond Du Lac, WI 54937

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