www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32949614
32949700

740 North Lake Avenue, Twin Lakes, WI 53181

DH
FL SL3301193
Marcus & Millichap
Listed by Marcus & Millichap
$1,026,635
9 days on market
Updated 8 days ago

DOLLAR GENERAL

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 9,100
Cap Rate 8.50%
NOI $87,264
Tenancy Single
Lease Type NN+
Lease Term 21.1
Lease Expiration 02/27/2031
Remaining Term 4.7
Rent Bumps Yes
Lease Options Five, Five-Year Options
Price per SqFt $113
Year Built 2010
Acreage 1.010
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 01/31/2010
Ground Lease No
Ownership Fee Simple

Retail | 8.50% CAP | 9,100 SqFt

Marketing description

The Hurd Net Lease Group of Marcus & Millichap is pleased to offer for sale the Dollar General located at 740 N Lake Avenue in Twin Lakes, Wisconsin.

The subject property was constructed in 2010 and consists of 9,100 rentable square feet. Dollar General has shown continued commitment to the location by extending the current lease early until February 28, 3031. Additionally, there are multiple five-year lease extension options, all with 10% rental increases every five years. This site is encompassed by a double net lease structure with the Landlord responsible for the roof and structure. The tenant pays for monthly common area maintenance which is reconciled annually, insurance is covered through their national provider and reimburses the landlord for the cost of real estate taxes.

Twin Lakes, Wisconsin is located in Western Kenosha County, which is bordering Illinois. The area is well sough after destination during the summer months as tourists and locals visit nearby Lake Mary and Elizabeth Lake. This store sits on N Lake Avenue which benefits from nearly 6,000 vehicles passing the site daily and is the only Dollar General in Twin Lakes.

Investment highlights

  • Recent Lease Renewal and Store Remodel
  • Minimal Landlord Responsibilities (No HVAC & Full CAM Reconciliation
  • Over 22k Residents Living Within 5 Miles
  • Average Household Incomes Nearing $100k
  • Close Proximity To Lake Mary and Elizabeth Lake

Listing Contacts

DH
FL SL3301193
Marcus & Millichap
Listed by Marcus & Millichap

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$87,264.00
$7,272.00/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Todd Lindblom
License
WI 56163
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591