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101 Division St
Stevens Point, WI 54481
Starbucks Center (Campus Corner) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,875 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.65 AC
Zoning
G2
Parking
26 Spaces (4.43 Spaces per 1,000 SF Leased)

ABOUT 101 DIVISION ST , STEVENS POINT, WI 54481

Starbucks Anchored, 3-Tenant Net-Lease, 10-Year Le Campus Corner is a three-tenant net-leased property that is fully leased to national tenants that have occupied the property since it was constructed in 2006. The property benefits from an irreplaceable location at the entrance to the University of Wisconsin at Steven's Point. The property is occupied by Starbucks Corporation (NASDAQ: SBUX), Cold Stone Creamery (NASDAQ: NDLS), and Noodles & Company. Starbucks performed a complete store-remodel in 2016, at their expense, and extended their lease with a new 10-year term. Starbucks has a drive-through. Starbucks lease was extended to 2026 and has 2, 5-year options thereafter. Noodles & Company exercised the first 5-Year lease extension in May 2016, extending their lease through May 2021, with 3, 5-year options thereafter. Cold Stone Creamery exercised a 5-Year lease extension in March 2016, taking the lease through 2021. The property benefits from and irreplaceable location adjacent to University of Wisconsin in Steven' s Point. The location is surrounded by student housing and across from a large high shool. The property is 2.8 miles from airport (Steven' s Point Municipal). The property is located on a signalized corner which has great access, signage, and visibility. Nearby businesses include Kmart, Verizon, McDonalds, Jimmy John' s, Kwik-Trip, Kmart, KFC, Pizza Hut, Taco Bell, RadioShack, Anytime Fitness, Roger' s Cinemas Campus, Student Housing, Country Inn and & Suites, Comfort Inn & Suites, and Days Inn.

PROPERTY TAXES

  • Listing ID: 6375725

  • Date on Market: 3/21/2017

  • Last Updated:

  • Address: 101 Division St, Stevens Point, WI 54481