101 W Hill St
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101 W Hill St
5,742 SF 100% Leased Retail Building Thorp, WI 54771 For Sale
Executive Summary
Owner/Operator opportunity with stable income from McDonald's BP recently spent approximately $100,000 to rebrand the gas/convenience side of the property. Gas station has long term proven sales track record (contact Broker for more information). High performing location for McDonald's (contact Broker for sales numbers). Strategically located along Highway 29 - the major east/west corridor connecting the Twin Cities and the Fox Valley with a major 4 lane divided highway. Highway interchange location. Car Wash attached for additional income once upgraded. Half an hour from Hwy. 53 and the Chippewa Valley Regional Airport. 9% population increase since 2010. Current Convenience Store operator is on a month to month lease. Property Owner will also entertain long term Lease from experienced gas station/convenience store operators. Tenant abandoned in massive countrywide bankruptcy of its company, previous owners (prior to 2023) demonstrated higher earning potential.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,742 SF
Building Class
B
Year Built/Renovated
1977/2024
NOI
$960,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Land Acres
1.72 AC
Zoning
C-1 - Commercial
Parking
30 Spaces (5.22 Spaces per 1,000 SF Leased)
Frontage
255 FT on West Hill Street
Amenities
- Restaurant
- Monument Signage
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $1,698,000 | |
Land Assessment | $363,700 | Total Assessment | $2,061,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$363,700
Improvements Assessment
$1,698,000
Total Assessment
$2,061,700
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101 W Hill St
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