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Investment Highlights

  • New 15-Year NNN Master Lease
  • Stable, Growing Midwest Markets
  • Essential Service Retail
  • Strategic Highway & Arterial Access
  • Solid Market Fundamentals

Executive Summary

Absolute NNN Master Lease -
Secured by a new 15 Year NNN master lease with 2% annual rent increases.
Strategic Highway & Arterial Access -
Locations positioned along well-traveled corridors with convenient locations for both local and commuter traffic. Both have dual access as well as great visibility and signage.
Stable, Growing Midwest Markets -
Located in dependable secondary and tertiary markets experiencing steady population growth.
Solid Market Fundamentals -
Benefiting from tight vacancy conditions, with approximately 3% vacancy in the markets, supporting long-term stability.
Essential Service Retail -
Gas stations remain recession-resistant assets and a critical part of the retail landscape, bolstering long-term viability. All three locations have limited competition and provide shopping options for essential items.

Property Facts

Price $3,677,419
Price / SF $467.03 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 7.75%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 7,874 SF
Total Land Area 4.12 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2671 27th St, Mikana, WI 54857 Retail 3,412 SF 2006 -
2789 22nd St, Rice Lake, WI 54868 Retail 4,462 SF 1998 -
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  • Listing ID: 39792729

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: C-Store Portfolio | 2 WI Locations, Mikana, WI

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