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315 W Pine St
Baraboo, WI 53913
Value Add & Top Performing Slumberland · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • STABLE TENANCY. Slumberland has been in the center since 2003. In 2015, they renewed for an additional 10 years and have one 5-year option to renew
  • PARKING LOT. The parking lot recently was seal coated and striped.
  • AREA RETAILERS. Other nearby retailers include Menards, Wal-Mart, McDonald’s, local grocers and many more
  • VALUE ADD. Opportunity to dramatically increase returns through lease-up of the recently vacated 48,538 sq ft. Gander Outdoors. The space recently we
  • TRADE AREA. The trade area includes the surrounding communities along with the resort area of Wisconsin Dells, which is “America’s Waterpark Capital”

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
71,159 SF
Building Class
C
Year Built
1985
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.22
Lot Size
7.40 AC
Zoning
commercial
Parking
320 Spaces (4.44 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Signage

ABOUT 315 W PINE ST , BARABOO, WI 53913

CBRE and RealINSIGHT Marketplace is pleased to offer for sale a highly visible property in the city of West Baraboo, Wisconsin, approximately 39 miles northeast of Madison Wisconsin and 10 miles west of the famous resort area of Wisconsin Dells. The Property is 31% occupied by Slumberland Furniture. This is a top performing store, drawing customers from a large trade area. Currently ranked #2 within the chain it is consistently one of the top-5 grossing stores year after year. Slumberland has operated at the Property since 2003 and is in the middle of its 10-year renewal. They have one 5-year option at the end of 2025 at an increased rate of $4.00/sf. There is tremendous upside potential through leasing the recently vacated 48,538 sq ft Gander Outdoors space. Additional value-add opportunity can come from either developing the parcel or selling the outlot. The Property is well positioned along the main business corridor in Baraboo Wisconsin and serves a trade area that reaches out more than 10 miles and includes several nearby communities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
191-0092-11200
Land Assessment
$545,700
Improvements Assessment
$2,535,700
Total Assessment
$3,081,400
  • Listing ID: 20493944

  • Date on Market: 8/3/2020

  • Last Updated:

  • Address: 315 W Pine St, Baraboo, WI 53913

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