714 S Wisconsin Dr | Howards Grove, WI 53083
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- LoopNet Team
714 S Wisconsin Dr
Howards Grove, WI 53083
Absolute Net Leased Grocery Store · Retail Property For Sale
Investment Highlights
- Highly Landlord Favorable NNN Lease | Strong Performing Store with a Very Low Rent/Sales Ratio of 2.35%
- Offered at an Appealing Basis for a NNN Grocery Store – Available for Purchase at Only $84 per Square Foot
- Limited Competition | Only Grocery Store in Howards Grove
- Above Market Return – Offered at a 7.75% CAP Rate
- Two 5-Year Options Remain | 3.85% Rental Escalations at the Start of Each Option Period
- Affluent Area | Average Household Income of $101,561 within a 5-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
24,268 SF
Building Class
B
Year Built/Renovated
1970/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
3.46 AC
Frontage
280 FT on S Wisconsin Dr
PROPERTY TAXES
| Parcel Number | 59135649029 | Improvements Assessment | $1,530,300 |
| Land Assessment | $100,700 | Total Assessment | $1,631,000 |
PROPERTY TAXES
Parcel Number
59135649029
Land Assessment
$100,700
Improvements Assessment
$1,530,300
Total Assessment
$1,631,000
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