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700 N Edwards Blvd 30,162 SF Retail Building Lake Geneva, WI 53147 $5,299,000 ($175.68/SF) 7.68% Cap Rate
INVESTMENT HIGHLIGHTS
- CORPORATE GUARANTEE – 1,000+ LOCATIONS
- OPERATED SINCE 2008 (OVER 17 YEARS)
- TWO – FIVE YEAR OPTIONS REMAIN ($0.50 PSF INCREASES DURING OPTIONS)
- PUBLICLY TRADED - NYSE: BBY
- RECENT FIVE YEAR EXTENSION
- IN-LINE WITH SHADOW ANCHOR TARGET
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,162 SF
Building Class
B
Year Built
2008
Price
$5,299,000
Price Per SF
$175.68
Cap Rate
7.68%
NOI
$407,187
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.18
Lot Size
3.84 AC
Zoning
CB - Central Business
Parking
139 Spaces (4.61 Spaces per 1,000 SF Leased)
Frontage
146’ on Edwards Blvd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- $13.50
- Double Net
- Mar 2029
At Best Buy, their purpose is to enrich lives through technology. Best Buy does that by leveraging their unique combination of technology expertise and human touch to meet their customers’ everyday needs, whether they come to them online, visit their stores or invite them into their homes.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | $13.50 | Double Net | Mar 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | ZA417000002 | Improvements Assessment | $3,386,500 |
| Land Assessment | $1,157,500 | Total Assessment | $4,544,000 |
PROPERTY TAXES
Parcel Number
ZA417000002
Land Assessment
$1,157,500
Improvements Assessment
$3,386,500
Total Assessment
$4,544,000
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700 N Edwards Blvd
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