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4531-4551 8th St S
Wisconsin Rapids, WI 54494
Rapids Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupied, Shadow-Anchored by Walmart
- Major Capital Improvements – Brand-New Roof and Six New HVAC Units Installed in 2025
- Prime Corner Location – Excellent Visibility with 20,251 Vehicles per Day and Multiple Ingress/Egress Points
- Recent Leasing Activity – Shopko Optical Expanded in 2025; Jackson Hewitt Signed New Five-Year Lease
- Triple-Net Leases – Minimal Landlord Responsibilities with Management/Admin Reimbursed
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
16,620 SF
Building Class
B
Year Built
2003
Price
$3,251,000
Price Per SF
$195.61
Cap Rate
7.75%
NOI
$251,850
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.52 AC
Parking
84 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 3414265 | Improvements Assessment | $1,409,700 |
| Land Assessment | $329,100 | Total Assessment | $1,738,800 |
PROPERTY TAXES
Parcel Number
3414265
Land Assessment
$329,100
Improvements Assessment
$1,409,700
Total Assessment
$1,738,800
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