7775 Us Highway 2 - Freestanding FOR SALE
Iron River, WI 54847 |
$1,062,211 USD
425-274-6696
7775 Us Highway 2
Iron River, WI 54847
HIGHLIGHTS
- Absolute NNN lease with zero landlord responsibilities, offering 100% passive income.
- Corporate tenant contractually obligated for rent, taxes, insurance, and maintenance.
- Family Dollar operates over 7,100 locations with ~$13B in reported annual revenue.
- Passive value-add: high-yield corporate income with long-term repositioning upside.
- ~160 feet of direct frontage along US-2 with 5,900 vehicles per day.
- Bayfield County tourism generates ~$100 million in annual revenue countywide.
FOR SALE DETAILS
PRICE
$1,062,211 USD
PRICE/SF
$127 USD /SF
CAP RATE
9.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar (Dark)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.16 AC
LAND SF
50,530 SF
ZONING
C1
APN/PARCEL ID
04-024-2-47-08-07-4-01-000-15100
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425-274-6696
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425-274-6696
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