101 W Main St - Storefront Retail/Residential FOR SALE


Stoughton, WI 53589
$1,760,000 USD
414-273-4600
101 W Main St, Stoughton, WI for Sale
$1,760,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | 6.75% Cap Rate

101 W Main St
Stoughton, WI 53589


HIGHLIGHTS

  • Brand New Absolute NNN Lease: 10-year lease with tenant responsible for all expenses, including vacancy CAM; 2% annual increases baked in.
  • Strong Tenant Guarantee: Backed by Mercy Dental Group, a Wisconsin-based operator with 10 established clinics across the region.
  • Value-Add Upside: ±6,700 SF on the 2nd and 3rd floors available for lease-up (medical/professional) or adaptive reuse (multifamily).
  • Recent Capital Investment: $130,000 new roof, reducing near-term capital needs.
  • Proximity to Madison MSA: Convenient access via US-51/WI-138; strong long-term patient and labor demand drivers.
  • Attractive Demographics: 19,681 residents within 5 miles with $113,759 average household income.

OVERVIEW

Mid-America Real Estate – Wisconsin is pleased to present the opportunity to acquire Mercy Dental, an absolute NNN dental clinic located at 101 W Main Street, Stoughton, WI (Madison MSA). The property features a 10-year lease with 2% annual rental increases, guaranteed by Mercy Dental Group, a well-established and growing family-owned dental network operating 10 clinics across south-central Wisconsin. This investment offers a secure, zero-landlord-responsibility income stream with long-term durability. Strategically positioned at the high-visibility corner of W Main Street and S Division Street in Stoughton’s walkable historic downtown, the property benefits from strong demographics, excellent access to Madison’s labor and patient base, and continued city-backed redevelopment efforts. In addition to stable day-one cash flow, the ±6,700 SF on the upper floors provides free value-add upside through lease-up to complementary medical/professional tenants or conversion to multifamily residential units—unlocking future NOI growth without compromising the existing base income.

FOR SALE DETAILS

PRICE

$1,760,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mercy Dental | Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

84

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C-B

APN/PARCEL ID

0511-082-1611-8

ASK ABOUT THIS PROPERTY

Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

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Dan RosenfeldMid-America Real Estate – Wisconsin, LLCMore Info
414-273-4600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.