502 US-45 - Freestanding FOR SALE


Tigerton, WI 54486
$1,930,000 USD
317-218-5329
502 US-45, Tigerton, WI for Sale
$1,930,000 USD
Freestanding - FOR SALE
1/3
null | 6.65% Cap Rate

502 US-45
Tigerton, WI 54486


HIGHLIGHTS

  • 2026 Brand-New Construction
  • Lease commenced June 1, 2026
  • Rare 5% Rent Bumps every 5 Years
  • Absolute Net Lease

OVERVIEW

This newly constructed Dollar General property in Tigerton, Wisconsin offers an absolute net lease investment with zero landlord responsibilities. The lease commenced June 1, 2026, providing a full 15-year term with five additional 5-year renewal options. Built-to-suit with the latest Dollar General prototype, this asset benefits from rent escalations every five years, ensuring income growth and long-term stability. Year-one NOI is $128,297 with an initial cap rate of 6.65%, and cap rate projections reach 9.35% through lease term extensions. Dollar General, a nationally recognized retailer with over 20,000 locations, backs the lease corporate guarantee by Dolgencorp, LLC, rated BBB by Standard & Poor's. The company remains a dominant player with continuous expansion plans and a historically strong performance during economic fluctuations, making this asset an inflation-resilient investment. The property sits along U.S. Highway 45, providing visibility and accessibility within a steady local market and proximity to major regional hubs such as Green Bay and Milwaukee—supporting consistent retail traffic patterns.

FOR SALE DETAILS

PRICE

$1,930,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Abs Net | Bumps every 5 Yrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,892 SF

ZONING

-

APN/PARCEL ID

186-55-0-50-0650

ASK ABOUT THIS PROPERTY

Nathan WhalenMarcus & MillichapMore Info
317-218-5329

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

Nathan WhalenMarcus & MillichapMore Info
317-218-5329

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