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200 Division St 64,025 SF 100% Leased Retail Building Stevens Point, WI 54481 $8,320,000 ($129.95/SF) 8.83% Cap Rate

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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

This Central Wisconsin property is 100% occupied by national tenants, including Dollar Tree, Anytime Fitness, U.S. Cellular, and Firehouse Subs, with five long-term tenants in place for over 14 years. Located near the University of Wisconsin–Stevens Point, it benefits from strong demand drivers and has seen major capital improvements, offering investors stable cash flow and long-term security.
To review the complete offering memorandum, please reach out to the owners, Kristian Sydow or David Lange.
Broker procurement fee paid of 1.5% for Buyer representation. CA must be submitted in advance for client. Buyer and broker cannot be same individual/partnership.

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
64,025 SF
Building Class
B
Year Built/Renovated
1965/2005
Price
$8,320,000
Price Per SF
$129.95
Cap Rate
8.83%
NOI
$734,494
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
273 Spaces (4.26 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Anytime Fitness is a franchised network of 24-hour fitness clubs founded in 2002. The brand operates neighborhood gyms that provide members access to facilities at any time and supports franchise owners through centralized brand standards and operating systems. The business model is primarily franchise-based, with local clubs typically independently owned and operated. Anytime Fitness has been owned through Self Esteem Brands and, following the 2024 combination of Self Esteem Brands and Orangetheory Fitness, the brand sits within Purpose Brands’ portfolio. Public reporting has linked the holding company to dual headquarters in Minnesota and Florida and named Tom Leverton as chief executive of the parent organization.

  • District One Brewery
  • Retailer
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.

  • Accommodation and Food Services
  • -
  • -
  • -

Firehouse Subs is a publicly held restaurant brand founded in 1994 by firefighter brothers Chris and Robin Sorensen in Jacksonville, Florida. It specializes in steamed hot subs and hearty sandwiches served in a fast-casual environment and supports public safety through the Firehouse Subs Public Safety Foundation. The chain expanded through franchising beginning in 2001 and became a subsidiary of Restaurant Brands International in 2021. As of mid-2025, it operates over 1,200 locations across 46 U.S. states, Puerto Rico, Canada, and several international markets. Firehouse Subs is recognized for philanthropic efforts, donating more than $100 million in lifesaving equipment to first responders via its Foundation.

  • Health Care and Social Assistance
  • -
  • -
  • -

Healthfirst is a non-profit community health provider in central Wisconsin. Incorporated in 1973, Healthfirst set forward to develop a quality facility that offered confidential reproductive health and WIC services in Marathon County. Since 1973, Healthfirst has expanded its geographical footprint and now offers WIC services in three counties and health services in nine counties.

  • Olympic Family Restaurant
  • Accommodation and Food Services
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -
  • US Cellular
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Arts, Entertainment, and Recreation - - -
District One Brewery Retailer - - -
Retailer - - -
Accommodation and Food Services - - -
Health Care and Social Assistance - - -
Olympic Family Restaurant Accommodation and Food Services - - -
Retailer - - -
US Cellular Retailer - - -
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Old National Bank
Ymca
Starbucks
Caribou Coffee
Noodles & Company
U.S. Bank
BMO
Chase Bank
Buffalo Wild Wings

Property Taxes

Property Taxes

Parcel Number
281-24-0829400309
Land Assessment
$894,500
Improvements Assessment
$3,463,000
Total Assessment
$4,357,500
  • Listing ID: 37071921

  • Date on Market: 8/1/2025

  • Last Updated:

  • Address: 200 Division St, Stevens Point, WI 54481

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