105 N 4th St - Freestanding FOR SALE


Tomahawk, WI 54487
$1,258,750 USD
929-229-2614
105 N 4th St, Tomahawk, WI for Sale
$1,258,750 USD
Freestanding - FOR SALE
1/5
null | 8% Cap Rate

105 N 4th St
Tomahawk, WI 54487


HIGHLIGHTS

  • Over six years remain on the NN lease, with four (5-year) renewal options
  • Relocation store for DG in 2021, built to reflect latest expanded grocery and home décor concept
  • Dollar General invested approx. $500k into tenant improvements at this site
  • Located at the signalized intersection of N 4th Street (9,400 VPD) and E Somo Avenue (3,800 VPD)
  • Ideally positioned in the heart of Tomahawk’s downtown core, just blocks from key municipal offices including City Hall, the Fire Department, the Poli
  • This Dollar General has over 158,000 annual visitors (top 75th percentile nationally, 96th percentile in WI) and is the most visited within 15 miles

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased Dollar General investment property located in Tomahawk, Wisconsin. The lease is backed by a corporate guarantee from Dollar General, one of the most recognized and stable retail brands in the U.S. with over 20,000 locations. The tenant is committed to the site with over six years remaining on the initial lease term and four (5-year) renewal options. The lease is structured as double net (NN), with the tenant covering most operating expenses, including taxes and insurance, while the landlord is only responsible for roof, structure, and foundation, providing a low-management investment well-suited for out-of-state owners. Strategically located at the signalized hard corner intersection of N 4th Street (9,400 VPD) and E Somo Avenue (3,800 VPD), the property boasts excellent visibility and access. It is positioned in the heart of Tomahawk’s primary retail corridor and enjoys strong tenant synergy from nearby national brands including McDonald’s, Ace Hardware, and O’Reilly Auto Parts, promoting consistent crossover traffic. According to Placer.AI, this location ranks in the 75th percentile nationally and 96th percentile in Wisconsin for annual visits among comparable Dollar General stores and is the most visited Dollar General within a 15-mile radius, demonstrating strong site-level performance and reliable consumer demand. This offering presents an opportunity to invest in a high-performing, corporately guaranteed, essential retail asset in a strong rural market, with a stable income stream and long-term value backed by one of the nation’s most successful retail chains.

FOR SALE DETAILS

PRICE

$1,258,750 USD

PRICE/SF

$119 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Corp Single Tenant NN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

Commercial

APN/PARCEL ID

286-3506-343-0204,286-3506-343-0205

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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