Big Lots & Hobby Lobby | Fond du Lac, WI

616 & 618 W Johnson St, Fond du Lac, WI

$6,718,750

Price

7.2%

Cap Rate

$483,750

NOI

Overview
Cap Rate
7.2%
NOI
$483,750
Building Size
101,175 sqft
Lot Area
6.75 acres
Occupancy
100%
Year Built
1985
Description

Brisky Net Lease is pleased to offer this stellar lineup of 2 national tenants in this great Eastern Wisconsin community. This recently enhanced building has an ideal mix of Hobby Lobby and Big Lots under fresh long-term leases. Both tenants have more than 8 years remaining and landlord responsibilities are limited. The retail corridor is ultra-busy, rents are low and the Fond Du Lac area boasts a sizable trade area with this being right in the heart of it.

Fond du Lac County is located within an hour's drive of the major cities of Madison, Milwaukee, and Green Bay and is less than a three-hour drive from Chicago. The city is a part of the Lake Winnebago Region, a popular tourist destination best known for its close proximity to Lake Winnebago, Horicon National Wildlife Refuge, and the National Ice Age Reserve Unit. Historically named one of the top 20 safest metropolitan areas in the nation, Fond du Lac County is home to many top US companies.

Headquartered in Oklahoma City, Oklahoma, Hobby Lobby Stores Inc. is the world's largest privately owned arts-and-crafts retailer with more than 900 stores, over 43,000 employees, and operating in forty-eight states. Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG) is one of America's largest home discount retailers, operating more than 1,420 stores in 48 states and a best-in-class e-commerce platform with expanded fulfillment and delivery capabilities.



Need Description

Highlights
  • Newer Leases with 8+ Years Remaining on Each
  • Steady Demographics & Growing Population
  • Excellent Visibility, Signage & Traffic Counts
  • Dense Retail Area
Documents

Location
Gallery