1819 Park Ave
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1819 Park Ave
5,134 SF 100% Leased Retail Building Plover, WI 54467 $1,400,000 ($273/SF) 6.25% Cap Rate
Investment Highlights
- NNN Investment
- Great Retail Location
- Heartland Dental is the Main Tenant
- Quality Masonry Construction
Executive Summary
Two tenant retail building with solid long term tenants. Heartland dental operating as Quirt Family Dentistry has been at this location since 2010 and Papa Murphy's has been at the location since 2016. Both Tenants have significant investment into their respective spaces. The property is located in a popular retail corridor in the Plover/Stevens Point Wisconsin Market one block off Interstate 39.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
5,134 SF
Building Class
C
Year Built
2010
Price
$1,400,000
Price Per SF
$273
Cap Rate
6.25%
NOI
$87,555
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
0.72 AC
Zoning
B-2 - B-2 General Business District
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 173-23-0826-05.30 | Improvements Assessment | $1,236,300 |
| Land Assessment | $330,700 | Total Assessment | $1,567,000 |
PROPERTY TAXES
Parcel Number
173-23-0826-05.30
Land Assessment
$330,700
Improvements Assessment
$1,236,300
Total Assessment
$1,567,000
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Jerry Erdmann -
Property Advisory Group, LTD
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1819 Park Ave
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