Office Investment Property - NEW CONSTRUCTION · 2017. 5. 30. · The presentation of this property...

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Transcript of Office Investment Property - NEW CONSTRUCTION · 2017. 5. 30. · The presentation of this property...

200 E Washington Street, Suite 2AAppleton, WI. 54911Main: 920.968.4700 Fax: 920.968.4300

Exclusive Advisor:Mike Pfefferle, President920.560.5069 mikep@ngpwi.comwww.ngpwi.com

The information contained herein was obtained from sources believed reliable, however, Newmark Grubb Pfefferle makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omission, change of price or other conditions, prior sale or lease, or withdrawal without notice.

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Investment Property - NEW CONSTRUCTIONFor SaleHwy 70 East of Elbert Rd., St. Germain, WI.

This new Dollar General is located at Hwy 70 East of Elbert Rd., St. Germain, WI in the Town of St. Germain in Vilas County. Located 14.7 miles east of Woodruff.

Even in the current economy, Dollar General is thriving. It’s the national largest small-box discount retailer! Currently, there are over 12,000 Dollar General Stores in 40 states. Dollar General is ranked #188 of the Fortune 500 Companies - Corporately Backed NNN Lease. Strong Credit Tenant - As of May 2, 2014, Dollar General Corporation reported total revenues of $18.9 billion, a net income of $1.02 billion and a net worth in excess of $5.4 billion. The company currently holds an investment grade credit rating of BBB-Stable with S&P.

The information contained herein was obtained from sources believed reliable, however, Newmark Grubb Pfefferle makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omission, change of price or other conditions, prior sale or lease, or withdrawal without notice.

Asking Price: $1,172,689.85

Square Feet Available: 7,500 SF

Acres: 1.86 Acres

Yearly Rent: $76,224.84

Cap Rate: 6.50%

Lease Commencement: September 2017

Initial Lease Term: 15 Years

Average Household Income: (2016) $67,179

Ideal 1031 Exchange

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Investment Property - NEW CONSTRUCTIONFor SaleHwy 70 East of Elbert Rd., St. Germain, WI.

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