1400 Ihm Street, Lancaster, WI 53813
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Listed by ALTUS Commercial Real Estate, Inc.
$ 905,000
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1400 Ihm Street Lancaster, WI 53813

9,014 SqFt


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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 9,014 sqft

Price per Sqft $100

MLS Listing ID 2023746

Year Built 2005

Annual Tax Amount $12,449

Tax Year 2025

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Retail

Property Description

Well-maintained NN leased standalone building occupied by Dollar General in Lancaster, Wisconsin. Dollar General has successfully operated at this location since 2005 and is currently in Option #3 of (5) separate 5-year renewal options. The current lease term expires on March 31, 2030, with two (2) additional 5-year extension options remaining. Rent increases by 10% upon the execution of each renewal option.

Location

State WI

County Grant

Area Lancaster - C

Zoning comm

Direction Turn off of HWY 61 and it is right next to O'Reilly's Auto Parts.

Interior

Heating Central air, Forced air

Cooling Central air, Forced air

Exterior

Parking Features 21-35 spaces

Roof Type Metal

Building

Story 1

Water Municipal sewer, Municipal water

Structure Type Concrete,Metal

Others

SqFt Source Seller

Energy Description Other


South Central Wisconsin MLS (SCWMLS)

NEARBY SCHOOLS & PROPERTIES

Tayler Spannknebel

Tayler Spannknebel

Agent | License ID: 86854-94

+1(262) 212-2228

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1400 Ihm Street