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102 W Bridge St 4,010 SF Specialty Building Offered at $5,700,000 at a 6.50% Cap Rate in Wausau, WI 54401
Investment Highlights
- 19+ Years Remain on Absolute Net Lease with Zero Landlord Responsibilities
- Build to Suit Location, Constructed in 2020 with High Capital Contribution by Tenant
- Positioned at the Entrance of an Industrial Hub of 1 Million SF of Industrial & Warehouse Space
- Attractive 1.9% Annual Rent Increases
- Tommy’s is one of the Nation’s Premier, Vertically Integrated Car Wash Brands with 272 Existing Locations and 64 in the Pipeline
- 1.9 Miles from Aspirus Wausau Hospital and Medical Campus, Undergoing a $227 Million Expansion
Property Facts
| Price | $5,700,000 | Building Class | B |
| Price Per SF | $1,421.45 | Lot Size | 0.85 AC |
| Sale Type | Investment NNN | Building Size | 4,010 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Car Wash |
| Price | $5,700,000 |
| Price Per SF | $1,421.45 |
| Sale Type | Investment NNN |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.85 AC |
| Building Size | 4,010 SF |
| No. Stories | 1 |
| Year Built | 2020 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $910,000 | |
| Land Assessment | $746,300 | Total Assessment | $1,656,300 |
Property Taxes
Parcel Numbers
Land Assessment
$746,300
Improvements Assessment
$910,000
Total Assessment
$1,656,300
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102 W Bridge St
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