714 S Wisconsin Dr | Howards Grove, WI 53083
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- LoopNet Team
714 S Wisconsin Dr
Howards Grove, WI 53083
Absolute Net Leased Grocery Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Highly Landlord Favorable NNN Lease | Strong Performing Store with a Very Low Rent/Sales Ratio of 2.35%
- Offered at an Appealing Basis for a NNN Grocery Store – Available for Purchase at Only $84 per Square Foot
- Limited Competition | Only Grocery Store in Howards Grove
- Above Market Return – Offered at a 7.75% CAP Rate
- Two 5-Year Options Remain | 3.85% Rental Escalations at the Start of Each Option Period
- Affluent Area | Average Household Income of $101,561 within a 5-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
24,268 SF
Building Class
C
Year Built/Renovated
1970/2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
3.46 AC
Zoning
G2 - Commercial
Frontage
280’ on S Wisconsin Dr
PROPERTY TAXES
| Parcel Number | 59135649029 | Improvements Assessment | $2,002,400 |
| Land Assessment | $115,900 | Total Assessment | $2,118,300 |
PROPERTY TAXES
Parcel Number
59135649029
Land Assessment
$115,900
Improvements Assessment
$2,002,400
Total Assessment
$2,118,300
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