5601 E US Highway 10 | Stevens Point, WI 54482
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5601 E US Highway 10
Stevens Point, WI 54482
Ross Dress for Less Net Lease Center · Retail Property For Sale · 115,610 SF Total
Investment Highlights
- New 2023 Construction | Latest Prototype Layouts | High Credit National Tenants
- Below Market Rent on Dunham’s Sports | Strong Placer.ai Data (Ranked 44/222 Nationally and 1/21 in WI for # of visits in the past 12 months)
- Stevens Point, WI Location | Stable Demographics | Close Proximity to Major Employers, Housing & Entertainment Complexes
- Long-Term Commitments | 9.2 Weighted Average Lease Term Remaining with Renewal Options | Scheduled Rental Increases
- Strategically located with prime Frontage/Visibility along Hwy 10 Frontage (24,113 VPD) | Dominant Retail Corridor | Located at the Major I-39/Hwy 10
Executive Summary
Newmark, as an exclusive advisor, is pleased to present the opportunity to acquire Ross Dress for Less Net Lease Center, a net leased neighborhood shopping center anchored by Ross Dress For Less, Five Below, Big Lots, and Dunham’s Sports.
9.2 Year Walt
Free Simple Ownership Interest
9.2 Year Walt
Free Simple Ownership Interest
PROPERTY FACTS
| Price / SF | $94.38 / SF | Number of Properties | 4 |
| Cap Rate | 7.50% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 115,610 SF |
| Status | Active | Total Land Area | 56.05 AC |
| Price / SF | $94.38 / SF |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 115,610 SF |
| Total Land Area | 56.05 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Five Below
5601 E US Highway 10, Stevens Point, WI 54482 |
Retail | 9,649 SF | 1993 | - |
|
Ross Dress For Less
5601 US Highway 10 E, Stevens Point, WI 54482 |
Retail | 22,000 SF | 1993 | - |
|
Big Lots
5601 Highway 10 E, Stevens Point, WI 54482 |
Retail | 39,900 SF | 1993 | - |
|
Dunham's Sports
5601 US Highway 10 E, Stevens Point, WI 54482 |
Retail | 44,061 SF | 1993 | - |
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