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1200 N Central Ave
Marshfield, WI 54449
Perkins · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate NNN Lease with Perkins which operates 291 restaurants in 32 states.
  • Low rent to sales.
  • Large 1.75 acre lot with 89 stalls included.
  • Historically strong unit level sales. Tenant paid on average $10,000 in Percentage Rent for years 2015-2019 in addition to base rent pre-covid.
  • Located on main throughfare, Central Avenue, in Marshfield along with the Marshfield Mall, Target, Walmart, Menards, McDonalds, Walgreens, Burger King
  • Recent Roof in 2012 and Interior/Exterior Remodel in 2014.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Year Built/Renovated
1977/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.75 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3303809
Land Assessment
$545,400
Improvements Assessment
$434,200
Total Assessment
$979,600
  • Listing ID: 23113734

  • Date on Market: 5/18/2021

  • Last Updated:

  • Address: 1200 N Central Ave, Marshfield, WI 54449

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