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2236 Mercantile Dr
Eau Claire, WI 54703
Grease Monkey · Retail Property For Sale
Investment Highlights
- Investors can use 100% bonus depreciation on property improvements in year one, creating a major upfront tax shield and boosting after-tax cash flow
- Over 10 years left on a 15-year NNN lease, offering stability and minimal Landlord expense responsibilities
- The property is highly visible from US Highway 12, which is the major east-west thoroughfare serving Eau Claire
- Immediate cost recovery improves overall investment returns and reduces tax liability (consult accounting professional for detailed analysis)
- The lease guarantees rent growth with 10% rent bumps every five years, increases which continue through the three option periods
- Actively executing a strategic growth plan to double its location count within just three years, demonstrating exceptional corporate momentum
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,817 SF
Building Class
B
Year Built
1987
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.72 AC
Zoning
C3P
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 09-1626-A | Improvements Assessment | $498,800 |
| Land Assessment | $219,900 | Total Assessment | $718,700 |
Property Taxes
Parcel Number
09-1626-A
Land Assessment
$219,900
Improvements Assessment
$498,800
Total Assessment
$718,700
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