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2789 22nd St
Rice Lake, WI 54868
Northwoods Market · Retail Property For Sale

Investment Highlights

  • Absolute NNN Portfolio Sale-Leaseback – Properties Available as a Portfolio or Individually.
  • The operator’s team has extensive experience operating gas stations throughout the Midwest, with 130+ stores currently under management.
  • The property generates strong revenues from the sale of live bait & tackle, groceries, beer, liquor, RV parts, batteries, fresh food, and more.
  • Lease is personally guaranteed by a high net worth, experienced gas station operator with a large and growing real estate portfolio (60+ properties).
  • Property has consistently reported increased revenue annually. Property financials available for review.
  • Fee Simple ownership structure may allow for bonus depreciation benefits. Consult with a tax professional.

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
6,008 SF
Building Class
C
Year Built/Renovated
1998/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.42 AC
Zoning
AG-1

Property Taxes

Property Taxes

Parcel Number
032-1400-09-010
Land Assessment
$42,200
Improvements Assessment
$313,900
Total Assessment
$356,100
  • Listing ID: 34402969

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 2789 22nd St, Rice Lake, WI 54868

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