2234 Prairie Ave | Beloit, WI 53511
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- LoopNet Team
2234 Prairie Ave
Beloit, WI 53511
AutoZone · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Commitment to Location – AutoZone has successfully operated at this location since 1998, and in 2023 the tenant extended the lease early
- Dense Retail Corridor – The subject property is surrounded by national tenants including Walmart, Starbucks, Culver’s, Buffalo Wild Wings
- Stellar Financial Performance – AutoZone’s Net Sales have grown by an astounding 37% since 2019, closing 2022 at $16.25 Billion.
- Lower Rent Than Ground Leases – Most new AutoZones have rents between $60,000 and $80,000 while the older fee simple deals have rents $100,000.
- Surrounding Developments – A new development will soon break ground on a $405 million casino in the spring.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,749 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.03 AC
Zoning
C1
Parking
30 Spaces (3.87 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 124-20655 | Improvements Assessment | $744,500 |
| Land Assessment | $125,700 | Total Assessment | $870,200 |
PROPERTY TAXES
Parcel Number
124-20655
Land Assessment
$125,700
Improvements Assessment
$744,500
Total Assessment
$870,200
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