Family Dollar - Shawano, WI

Shawano, Wisconsin offers a charming blend of small-town life and natural beauty. With a population of approximately 9,200 and an average household income of $76,000 annually, this vibrant community provides a high quality of life. The city boasts a diverse economy rooted in manufacturing and agriculture, ensuring stability and growth. The city is a hub for paper and wood products, with major employers like Wausau Paper contributing significantly to the local economy. Agriculture, especially dairy farming, is another cornerstone, supporting local businesses and providing a steady income source for many residents. Outdoor enthusiasts will find their paradise in Shawano with abundant opportunities for fishing, boating, hiking, and exploring the region's stunning natural landscapes. A strong sense of community is evident throughout Shawano. Residents enjoy a close-knit atmosphere, excellent schools, and a commitment to quality of life. The city's welcoming spirit and friendly neighbors create a warm and inviting environment. From the annual Shawano County Fair to exploring the area's rich history, there's always something to see and do.Offered For Sale this exceptional investment property features a Family Dollar store, a BBB-rated national retailer, situated in a prime location in Shawano, Wisconsin (30 miles West of Green Bay). The property boasts high visibility, encompassing an entire city block, with a daily traffic count of 7,600 vehicles. The building itself is constructed of durable concrete block, ensuring longevity and minimal maintenance. Investors will benefit from a rare absolute NNN lease, freeing the landlord from all property expenses including taxes, insurance, and common area maintenance. With five years remaining on the initial term and six, five-year renewal options with a 10% rent increase each term, this property offers a stable and growing income stream. This property is a relocated store within a proven market, demonstrating a strong customer base and the tenant's long-term commitment to the area.