2025 Marinette Ave - Retail FOR SALE


Marinette, WI 54143
$1,980,000 USD
513-300-0763
2025 Marinette Ave, Marinette, WI for Sale
$1,980,000 USD
Retail - FOR SALE
1/6
null | 7.15% Cap Rate

2025 Marinette Ave
Marinette, WI 54143


HIGHLIGHTS

  • High Image Construction Retail Center Built in 2012
  • Double Net Leases - Minimal Landlord Responsibilities - Taxes/Insurance/CAM Reimbursed
  • Sherwin Williams: NYSE: SHW | Standard & Poor's: BBB
  • Edward Jones Signed a 10-Year Lease in 2023 Featuring 3% Annual Rental Increases
  • Los Tres Magueyes: 10 Year Lease Featuring a 10% Rental Increase in Year 6 and In Options | Significant Capital Improvements To Update Space
  • Located Along Marinette Ave/Hwy 41: Over 17,500 Vehicles/Day

OVERVIEW

High Image Construction Retail Center Built in 2012 Double Net Leases - Minimal Landlord Responsibilities - Taxes/Insurance/CAM Reimbursed Sherwin Williams: NYSE: SHW | Standard & Poor's: BBB Edward Jones Signed a 10-Year Lease in 2023 Featuring 3% Annual Rental Increases Los Tres Magueyes: 10 Year Lease Featuring a 10% Rental Increase in Year 6 and In Options | Significant Capital Improvements To Update Space Over 28,000 People Within 5 Miles of Subject Property 5 Mile Average Household Income Exceeds $65,000 Located Along Marinette Ave/Hwy 41: Over 17,500 Vehicles/Day

FOR SALE DETAILS

PRICE

$1,980,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stellar Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

B-3

APN/PARCEL ID

251-00600.002

ASK ABOUT THIS PROPERTY

Brian BrockmanEncore Real Estate Investment ServicesMore Info
513-300-0763

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Brian BrockmanEncore Real Estate Investment ServicesMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.