425 S 3rd St | Cornell, WI 54732
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- LoopNet Team
425 S 3rd St
Cornell, WI 54732
Cornell Express · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Portfolio Sale-Leaseback – Properties available as a portfolio or individually.
- Experienced Operator – The operator’s team has extensive experience operating gas stations throughout the Midwest, with 130+ stores
- Multiple Revenue Streams – Additional tenants on the property include Subway and a motorcycle repair shop.
- Strong Guarantee – Lease is personally guaranteed by a high net worth, experienced gas station operator with a large and growing real estate portfolio
- Strong Historical Financial Performance – The property has consistently reported increased revenue annually. Financials available for review.
- Bonus Depreciation – 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
4,235 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.66 AC
Zoning
RESIDENTIA
Frontage
150’ on 3rd St
PROPERTY TAXES
| Parcel Number | 23106-1733-61750216 | Improvements Assessment | $350,300 |
| Land Assessment | $43,700 | Total Assessment | $394,000 |
PROPERTY TAXES
Parcel Number
23106-1733-61750216
Land Assessment
$43,700
Improvements Assessment
$350,300
Total Assessment
$394,000
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