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New Dollar General 15 year NNN Lease 7941 Chitko Rd

10,640 SF Retail Building Armstrong Creek, WI 54103 $2,423,408 CAD ($228 CAD/SF) 7.10% Cap Rate

Investment Highlights

  • New Dollar General coming soon
  • 5% rental increases in year 6
  • 15 Year NNN Lease

Executive Summary

Dollar General (DG), headquartered in Goodlettsville, Tennessee, has grown from a family-owned business to
a leading discount retail chain and one of the most profitable stores in the rural United States.
Founded in 1939, the company is well-known for its convenient locations and for offering affordable basic
household supplies, such as health and beauty products, food, cleaning supplies, seasonal items and apparel.
They strive to make shopping hassle-free and affordable 20,000+
convenient, easy-to-shop stores in 48 states. Dollar General
Corporation has been delivering value to shoppers for over 75
years.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,640 SF
Building Class
B
Year Built
2024
Price
$2,423,408 CAD
Price Per SF
$228 CAD
Cap Rate
7.10%
NOI
$172,062 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.70 AC
Zoning
Commercial
Parking
24 Spaces (2.26 Spaces per 1,000 SF Leased)
  • Listing ID: 32307544

  • Date on Market: 2024-07-01

  • Last Updated:

  • Address: 7941 Chitko Rd, Armstrong Creek, WI 54103

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