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Executive Summary

- 100% leased, 20,000 SF multi-tenant retail center with nine diversified tenants, providing immediate cash flow with no lease-up risk.
- 8.25% going-in cap rate at the $2.55 million asking price, supported by approximately $210,568 of 2026 NOI.
- Value-add upside through below-market rents and annual contractual increases, providing a clear path for future NOI growth as leases roll.
- Potential ±0.75-acre Main Street outlot creation, offering an additional avenue for value creation, complemented by a newly replaced parking lot and monument sign completed in Summer of 2025.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
20,000 SF
Building Class
B
Year Built
1986
Price
$2,550,000
Price Per SF
$127.50
Cap Rate
8.25%
NOI
$210,375
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
4.93 AC
Zoning
Commercial - Commercial
Parking
168 Spaces (8.4 Spaces per 1,000 SF Leased)
Frontage
480’ on Main Street

Amenities

  • Banking
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Dane Allen-State Farm Insurance Agent
  • Finance and Insurance
  • -
  • -
  • -
  • -
  • Fitness Revolution Sussex
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -
  • -

Mattress By Appointment is a mattress store that offers their customers one on one attention while shopping for a new mattress. They eliminate the crowded store, the waiting for a sales staff to help, and the pressure to buy. While these are AMAZING benefits, they also offer their customers 50-80% off of the big box retail store prices. They can do this because they are by appointment and save on staffing. They keep their advertising low by building a relationship with the Wilson community directly. You will see their road signs and flyers at your library, apartment complexes, grocery store and many more of your local daily shops. These savings we pass to their customers. Their store has a BRAND new mattress that fits ANY budget. They also offer financing and delivery.

  • OnYourMark
  • -
  • -
  • -
  • Triple Net
  • -
  • Sparklers Dance Team
  • Services
  • -
  • $6.50
  • Full Service
  • Feb 2025
  • Accommodation and Food Services
  • -
  • -
  • -
  • -

Subway began in Bridgeport, Connecticut, as a submarine sandwich shop started by Fred DeLuca and Peter Buck in the mid-1960s, and the brand later expanded through franchising. The company now focuses on made-to-order sandwiches alongside salads, wraps, cookies, and other menu items served through a broad franchise system. Subway has grown into a globally recognized restaurant brand with a large international footprint and a long-standing emphasis on quick-service meals and customizable menu choices.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Dane Allen-State Farm Insurance Agent Finance and Insurance - - - -
Fitness Revolution Sussex Arts, Entertainment, and Recreation - - - -
Retailer - - - -
OnYourMark - - - Triple Net -
Sparklers Dance Team Services - $6.50 Full Service Feb 2025
Accommodation and Food Services - - - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
SUXV-0239-994-004
Land Assessment
$457,500
Improvements Assessment
$1,234,500
Total Assessment
$1,692,000
  • Listing ID: 41860421

  • Date on Market: 8/24/2026

  • Last Updated:

  • Address: N64W22622-N64W22694 Main St, Sussex, WI 53089

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