Dollar General | Newly Renovated | Fresh 10 Year Lease | Grand Opening June 1st, 2025

Highlights:

• LONG-TERM NNN LEASE WITH RENEWAL OPTIONS: Dollar General is operating under a long-term triple net lease with four (4), five-year options to extend, demonstrating a strong commitment to the site and long-term occupancy in Glenwood City.
• STRATEGIC RURAL LOCATION WITH LIMITED COMPETITION: This Dollar General is the only national discount retailer within a 5-mile radius, providing essential goods to a highly underserved retail trade area with minimal competition.
• REPOSITIONED FOR EFFICIENT OPERATIONS: The building was recently renovated and converted from a former Family Dollar, offering Dollar General’s upgraded store prototype within an efficient 8,383 SF freestanding building.
• CORPORATE GUARANTEED LEASE BY DOLLAR GENERAL: The lease is backed by Dollar General Corporation (NYSE: DG), an investment-grade credit tenant (S&P: BBB), operating over 20,000 locations nationwide and generating $38.6 billion in 2024 revenue.
• RECESSION-RESILIENT, ESSENTIAL RETAIL TENANT: Dollar General has continued expanding in rural communities and is viewed as a recession-resistant retailer, offering essential goods such as food, household items, and healthcare products.
• ATTRACTIVE LOW BASIS OPPORTUNITY: The property offers investors a low rent per square foot relative to new build-to-suit Dollar General stores, providing long-term yield stability with below-market entry pricing.

Description:

Mid-America Real Estate Wisconsin has been retained on behalf of the owner to sell a newly renovated, Dollar General in Glenwood City, Wisconsin. The property is ideally positioned on 1st Street in the heart of Glenwood City.

Documents: