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Papa Johns Strip Center 3810 Calumet Ave 4,500 SF 33% Leased Retail Building Manitowoc, WI 54220 $1,500,000 ($333.33/SF)
INVESTMENT HIGHLIGHTS
- High Visibility Location/High Traffic Location
- New Construction ready for white box buildout based on tenant needs
- New Construction Strip Center with drive thru capabilities
EXECUTIVE SUMMARY
Papa Johns Anchored Retail location featuring 3 total spaces of 1,500 sq ft + each
Year Built 2024
Property Subtype Freestanding
Parking approx. 20+ cars
Gross Leasable Area 4,875 SF Papa Johns will be the anchor tenant with 2 additional spaces to available for lease.
Inclusions: Ready to be white box space per tenant negotiation.
Exclusions: Any personal property of tenant(s).
Year Built 2024
Property Subtype Freestanding
Parking approx. 20+ cars
Gross Leasable Area 4,875 SF Papa Johns will be the anchor tenant with 2 additional spaces to available for lease.
Inclusions: Ready to be white box space per tenant negotiation.
Exclusions: Any personal property of tenant(s).
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Building Class
B
Year Built
2024
Price
$1,500,000
Price Per SF
$333.33
Percent Leased
33%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.62 AC
Zoning
Commercial - C-1 Commercial
Parking
16 Spaces (3.28 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Papa Johns
- Retailer
- 1,500 SF
- $23.33
- Triple Net
- -
- Vacant
- Retailer
- 1,500 SF
- $24.00
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Papa Johns | Retailer | 1,500 SF | $23.33 | Triple Net | - | |
| Vacant | Retailer | 1,500 SF | $24.00 | Triple Net | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Owner is willing to build out the space to a white box once tenant signs. Tenant will then be responsible for build out.
Owner is willing to build out the space to a white box once tenant signs. Tenant will then be responsible for build out.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,500 SF | Retail | - | Now |
| 1st Floor | 1,500 SF | Retail | - | Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Owner is willing to build out the space to a white box once tenant signs. Tenant will then be responsible for build out.
1st Floor
| Size | 1,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Owner is willing to build out the space to a white box once tenant signs. Tenant will then be responsible for build out.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 052-382-012-311.00 | Improvements Assessment | $269,900 |
| Land Assessment | $162,500 | Total Assessment | $432,400 |
PROPERTY TAXES
Parcel Number
052-382-012-311.00
Land Assessment
$162,500
Improvements Assessment
$269,900
Total Assessment
$432,400
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Papa Johns Strip Center | 3810 Calumet Ave
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