200 Division St
Stevens Point, WI 54481
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- National Tenants include Dollar Tree, Anytime Fitness, U.S. Cellular and Firehouse Subs
- Walking distance to University of Wisconsin - Stevens Point. The University has over 7,200Students and 1,127 Employees
- Located in Central Wisconsin.157 miles northwest of Milwaukee, 112 miles north of Madison and 245 miles north of Chicago2100
- Fully occupied with long term tenants
EXECUTIVE SUMMARY
The center is fully stabilized with 100% occupancy, thereby presenting an opportunity fora future investor to capitalize on a steady cashflow from a high-quality tenant line-up. Five Tenants have been occupying the property for over 14 years. The Property has had Significant capital improvements - roof, exterior lighting, pylon sign, downspouts, exterior painting & tuckpointing.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
64,025 SF
Building Class
B
Year Built/Renovated
1965/2005
Price
$9,320,000
Price Per SF
$145.57
Cap Rate
8.71%
NOI
$811,772
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.35
Lot Size
4.21 AC
Zoning
B-4
Parking
162 Spaces (3.37 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 281-24-0829400309 | Improvements Assessment | $3,463,000 |
| Land Assessment | $894,500 | Total Assessment | $4,357,500 |
