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6816 East County Road B
Lake Nebagamon, WI 54849
Asking Price
$1.85M
Cap Rate
6.85%
Asset Type
Storefront Retail
Class
Class B
What's Special
South of Lake Superior (3.5+ Million Visitors/Year) | 15-Year Absolute NNN <ul><li>15-Year Absolute NNN Lease, No Landlord Responsibilities</li><li>5% Rental Increases Every 5 Years Throughout the Base Term and Options</li><li>Investment Grade Credit Tenant (Rated ‘BBB’ by S&P), #112 on Fortune 500 in 2025</li><li>Dollar General is the Nation’s Largest Retailer with 20,450+ Stores</li><li>Classified Nationally as an Essential Retailer for Daily Shopping Needs</li><li>Brand New Construction on an Oversized Parcel</li><li>Serving Over 44,000 Residents in Douglas C
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NOI
$80,000
Cap Rate
4.31%
DSCR
0.73
Underwater
Cash-on-Cash
-5.41%
Monthly Payment
$9,172.58
Annual Cash Flow
$-30,070.965