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5725 Windy Dr

11,000 SF 100% Leased Retail Building Stevens Point, WI 54482 $1,700,000 ($155/SF) 7.62% Cap Rate

Investment Highlights

  • Very high traffic count. Fantastic location
  • 100% occupied building with national and high end tenants

Executive Summary

Hard to find quality built 11,000 sqft Central Wisconsin Strip Center. Premium, high traffic count corner location, Windy Dr & Hwy 10 East, Stevens Point. Across the street from the Holiday Inn Convention Center. Long term Tenants. All block & brick class A construction. Major retailers in the immediate area include: Aldi's, Arby's, US Bank, McDonalds, Fleet Farm, Harbor Freight, Taco Bell, Dairy Queen and many others.

Attachments

Map

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $171,955 $15.63
Other Income - -
Vacancy Loss - -
Effective Gross Income $171,955 $15.63
Taxes - -
Operating Expenses - -
Total Expenses $45,875 $4.17
Net Operating Income $126,080 $11.46

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $171,955
Annual Per SF $15.63
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $171,955
Annual Per SF $15.63
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $45,875
Annual Per SF $4.17
Net Operating Income
Annual $126,080
Annual Per SF $11.46

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,000 SF
Building Class
C
Year Built
2004
Price
$1,700,000
Price Per SF
$155
Cap Rate
7.62%
NOI
$129,525
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Land Acres
1.70 AC
Zoning
commercial - Business/Commercial
Parking
47 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
259 FT on Windy Dr

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -
  • -

Founded in 1922, Edward Jones specializes in helping individual investors rather than institutions. And as a privately-owned company, they are able to focus on relationships rather than shareholder returns. They have consistently been ranked among the best companies to work for by Fortune magazine, and their employees tend to stay with them for years. As a privately-owned company, Edward Jones has a very personal feel that's almost like family. Out of their partnership structure grows a spirit of collaboration. They have a shared focused on doing what's best for their clients, their communities and one another. At Edward Jones, their purpose is to partner for positive impact to improve the lives of their clients and colleagues, and together, better their communities and society. Foundational to their purpose is holding every associate accountable to the highest ethical standards.

  • Matsu Ya Sushi & Grill
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • Point Family Wellness & Chiropractic
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

For more than 65 years, Security Finance has proudly provided easy and safe installment loans to their community members. Thanks to their conveniently located branches, you are able to receive personal service from people you know you can trust. At Security Finance, it’s about being good stewards of their community, helping neighbors in times of need and treating customers with the respect they deserve. Security Finance is licensed to offer traditional personal installment loans, which vary in amount and terms based on the state you are in. Use the locator to determine if there is a branch in your local area, or start your loan inquiry online.

  • State Farm
  • Finance and Insurance
  • -
  • $15.00
  • Modified Gross
  • Apr 2029
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Finance and Insurance - - - -
Matsu Ya Sushi & Grill Accommodation and Food Services - - - -
Point Family Wellness & Chiropractic Health Care and Social Assistance - - - -
Finance and Insurance - - - -
State Farm Finance and Insurance - $15.00 Modified Gross Apr 2029

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
281-24-0836220037
Land Assessment
$382,700 (2023)
Improvements Assessment
$1,068,800 (2023)
Total Assessment
$1,451,500 (2023)
  • Listing ID: 26844732

  • Date on Market: 8/25/2020

  • Last Updated:

  • Address: 5725 Windy Dr, Stevens Point, WI 54482

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