1280-1282 W Main St | Whitewater, WI 53190
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1280-1282 W Main St
Whitewater, WI 53190
Starbucks - College Campus - Whitewater · Retail Property For Sale
Investment Highlights
- New 10-Year NNN Lease: Lease commenced April 1, 2024, with structured rent increases of $5,000 every five years.
- Prime Walmart Outlot: Adjacent to Walmart and benefiting from shared access, maximizing visibility and customer visits.
- Growth-Oriented Market: Within a 10-mile radius, the area boasts 43,905 residents with an average household income of $86,076, making it a favorable d
- Strategic Location: Situated less than a mile from the University of Wisconsin-Whitewater, home to over 11,000 students, ensuring a steady flow of tra
- Ample Parking & Accessibility: Features 28 dedicated parking spaces and convenient drive-thru access, appealing to both shoppers and university studen
Executive Summary
Brand-new construction, 2,333 SF Starbucks for sale in Whitewater, located as an outlot to a high-traffic Walmart Supercenter. This Starbucks will serve as the primary coffeehouse for the University of Wisconsin-Whitewater. The property benefits from exceptional visibility and consistent customer traffic, with Walmart drawing over 1.1 million visits annually.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,333 SF
Building Class
C
Year Built
2023
Price
$2,380,000
Price Per SF
$1,020
Cap Rate
5.80%
NOI
$138,000
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.07
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
28 Spaces (12 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | /A170900002 | Improvements Assessment | $438,100 |
| Land Assessment | $229,500 | Total Assessment | $667,600 |
PROPERTY TAXES
Parcel Number
/A170900002
Land Assessment
$229,500
Improvements Assessment
$438,100
Total Assessment
$667,600
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