260 Main StCochrane, WI 54622

For Sale
$993,882

Wisconsin Retail Investment - 6.8% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 7,500 square foot retail property located at 260 North Main Street, Cochrane, Wisconsin 54622. The property, built in 2017, sits on a 1.26-acre lot and is currently 100% occupied by a Dollar General store with an integrated FedEx OnSite location. The property is offered as a Net Lease (NNN) investment, meaning the tenant is responsible for all operating expenses, providing significant landlord benefits. The current lease features a corporate guarantee from Dollar General, mitigating risk. The asking price is $993,882, representing a 6.80% capitalization rate based on a Net Operating Income (NOI) of $67,584. The lease includes four (with one five-year) options, each with a 10% rent increase. The building's modern design and prime location on North Main Street offer high visibility and accessibility, making it an attractive investment for discerning buyers. This single-tenant property provides a stable and predictable income stream, making it an ideal addition to any retail portfolio. The property's contemporary architecture and spacious, versatile interior layout offer significant potential for long-term growth and value appreciation. This is a turnkey investment opportunity with minimal landlord responsibilities.

Highlights

  • 7,500 SF modern retail building
  • Dollar General with FedEx OnSite
  • Triple Net (NNN) lease; no landlord responsibilities
  • Excellent N Main St location
  • Versatile interior layout
  • Contemporary design

Property Details for 260 Main St

Property type
Other retail properties, Individual retail properties
Square Feet
7,500 SF
Year Built
2017
Buildings
1
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Cochrane
County
Buffalo
State
Wisconsin
Latitude
44.2340828
Longitude
-91.8413843
260 Main St, Cochrane, Wisconsin

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260 Main St
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