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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 9,014 sqft
Price per Sqft $94
MLS Listing ID 2022271
Sold Date 04/09/26
Year Built 2006
Annual Tax Amount $8,143
Tax Year 2025
Lot Size 1.270 Acres
Acres 1.27
Property Sub-Type Retail
Property Description
Presenting a prime investment opportunity in Beloit, WI, the DOLLAR GENERAL at 1520 South Madison Road. This established single-tenant retail property boasts a high-visibility location on a 1.27-acre site along a prominent retail thoroughfare. Situated in a strategic retail corridor surrounded by national and regional retailers, the property benefits from strong consumer traffic. With Dollar General as the anchor tenant, investors can capitalize on the brand's Fortune 500 reputation and value-driven consumer appeal. The property features a long-term lease with attractive terms, including a 7.33% cap rate and annual rent of $66,000. The stable demographic base of over 61,000 residents within a five-mile radius further enhances the property's investment appeal. Don't miss out on this opportunity to own a property with a resilient tenant in a sought-after location.
Location
State WI
County Rock
Zoning C
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Roof Type Metal
Building
Story 1
Sewer Municipal Water
New Construction N
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