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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
  • -
  • -
  • -

From humble beginnings in a Minnesota small town to many locations on all continents, relentless innovation made Anytime Fitness a household name and industry phenomena. With over 20 years of category experience, they are still growing strong and using their history to help Franchise Owners create the future they’ve always wanted. The Anytime Fitness franchise opportunity combines over 20 years of category experience with ongoing innovation and outstanding support. Create a strong financial future when people partner with them to build a business and bring wellness to the community. People will never be alone on an Anytime Fitness franchise journey — they are with people every step of the way. People will start with a week of initial training at their headquarters in Woodbury, Minnesota, then get access to an extensive library of materials for ongoing learning at their own pace.

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

Dollar Tree is a privately held discount variety store offering a range of everyday household goods including cleaning supplies, groceries, health and beauty items, party supplies, toys, school products, and seasonal décor. As part of a multi-unit national retail chain, this store integrates retail convenience, value pricing, and a consistent product mix alongside its broader corporate network. The brand continues to focus on store network expansion and community accessibility.

  • 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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