101 N Main St - Bank FOR SALE
Black Creek, WI 54106 |
$350,000 USD
404-459-6193
101 N Main St
Black Creek, WI 54106
HIGHLIGHTS
- Strong Opportunity to Capture an Initial Double Digit Return on an Ideal Value Add Opportunity
- BMO Bank's Lease Expires in December 2025; Tenant Currently Paying $84,000 on a Triple Net Lease
- Situated on a Hard Corner in the Heart of Downtown Black Creek Making For an Ideal Investment Opportunity
- Black Creek Wisconsin is 25-Miles From Green Bay Which Has a Population of Over 106,000 in the Metro Area
- Modern and Well-Maintained Building on a Well Manicured Lot
- Average Household Income in the Area Exceeds Over $78,942
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,592 SF High Yield Value-Add Retail Opportunity Located at 101 North Main Street Black Creek, WI. This Deal Includes a Dark BMO Bank lease Which Expires in December 2025 Providing For a Strong Initial Double Digit Return. Strategically Located in the Heart of Black Creek, WI Providing For Ideal Investment For a Local Business Owner.
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
FOR SALE DETAILS
PRICE
$350,000 USD
PRICE/SF
$97 USD /SF
CAP RATE
24%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
24% Cap Rate-Dark BMO Bank-Black Creek, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Loft/Creative Space, Office/Residential, Office Live/Work Unit
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
0.47 AC
LAND SF
20,473 SF
ZONING
C-1
APN/PARCEL ID
220034300,220034301
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404-459-6193
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404-459-6193
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