1341 E Main St, Arcadia, WI 54612 For Sale

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, Dollar General investment property located in Arcadia, Wisconsin. The tenant, Dollar General, has 9 years remaining on their lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

The Dollar General is strategically located along Highway 97, a major logistics and commuter artery that sees an average of over 10,900 vehicles passing by daily. The subject property is adjacent to Ashley HomeStore’s headquarters, the world’s largest home furniture manufacturer, providing a large consumer base from which to draw. The asset benefits from excellent visibility and access via significant street frontage and a large pylon sign, ensuring ease and convenience for customers. Moreover, the asset enjoys limited competition, as there is only one other discount store serving the immediate trade area, with the next nearest Dollar General located 8.6 miles away. Dollar General Stores is an American chain of variety stores that has become one of the most profitable in rural United States, with revenue reaching $34.22 billion. The company expanded significantly in 2023, opening 1,050 new stores across the U.S. and extending its presence to 47 states nationwide. The trade area is supported by over 5,000 residents and 4,600 daytime employees, with household incomes averaging $79,791.