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1020 W Fulton St
Waupaca, WI 54981
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Value-Add Potential & Rental Increases
  • Dominos under NEW 10-Year Lease - H&R Block Exercised Early Option (6-Years Remaining)
  • Located in Dense Retail Area of Major Retailers
  • Newer Construction - 91% Occupied
  • Internet Resistant & Synergistic Tenant Mix
  • All Store Open & Current Post Covid

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,800 SF
Building Class
A
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.50 AC
Zoning
Commercial
Parking
85 Spaces (6.15 Spaces per 1,000 SF Leased)

ABOUT 1020 W FULTON ST , WAUPACA, WI 54981

Virtue Investment Group has exclusively listed for sale, the Shoppes on Fulton. This 13,800 SF building was built in 2008 on approximately 1.50 acres in Waupaca, Wisconsin. The shopping center is surrounded by residential density and high incomes along an arterial roadway, which boasts nearly 40,000 vehicles per day. The internet resistant and synergistic tenant mix include Dominos Pizza, H&R Block, Cellcom, Yoga Hive, Nail & Spa, Cricket, and Verizon. A former Cash Advance store is currently vacant at 1,200 SF of finished, value-add potential for a new investor. Dominos is under a new 10-year term. Yoga Hive and Cricket are both early into their 5-Year terms. Verizon, Cellcom, and H&R Block are currently in option periods, which support long-term stabilization and growth throughout the center. Dunkin' Donuts is presently constructing an STNL building on the out lot of the current parcel. All tenants are under NNN terms with variations of rental increases including, annual, bi-yearly, and at option periods, acting as a good hedge against inflation. Waupaca is a city in the county seat of Waupaca The 5-mile population was 13,204 at the 2010 census. The city is located mostly within the Town of Waupaca and divided into natural areas, city areas, and industrial areas. The property is located just east of US Highway 10, on West Fulton Street, which hosts approximately 13,400 VPD. The property is surrounded by major retailers including Aldi, McDonald's, Walgreens, Taco Bell, Burger King, Pick-n-Save, McDonald's, Ramada Inn, Piggly Wiggly, Culver's, and many others.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
34-25-12-6
Land Assessment
$308,700
Improvements Assessment
$1,338,500
Total Assessment
$1,647,200
  • Listing ID: 18641708

  • Date on Market: 2/25/2020

  • Last Updated:

  • Address: 1020 W Fulton St, Waupaca, WI 54981

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