5474 Highway 10 E - Storefront FOR SALE


Stevens Point, WI 54482
$4,000,000 USD
773-395-1158
5474 Highway 10 E, Stevens Point, WI for Sale
$4,000,000 USD
Storefront - FOR SALE
1/5
null | 8.75% Cap Rate

5474 Highway 10 E
Stevens Point, WI 54482


HIGHLIGHTS

  • The Center Features Both National and Local Service-Oriented Tenants on Long-Term NNN Leases
  • Abundant Parking With 172 Paved Spaces - Oversized 4.28 Acre Parcel
  • NNN Leases Limiting Landlord Responsibilities With an Attractive Price Per Square Foot - Less Than $95 Per Square Foot
  • Property is Minutes Away From The University of Wisconsin- Stevens Point With a Total Enrolment of 8,135 Students
  • Located Just 10 Minutes Away From Sentry World Golf Course, Awarded Wisconsin's Best Golf Course 2020
  • The Property is Near Dozens of National Tenants and Nearby Traffic Drivers Including: Target, Fleet Farm, Harbor Freight, Hobby Lobby, Culvers Etc.

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 42,424 SF Dollar Tree Anchored Shopping Center Located at 5474 Highway 10 E in Stevens Point, WI. The Asset is Positioned on an Oversized 4.28 Acre Parcel Featuring 172 Parking Spaces. The Property Has a Strong Tenant Mix of Both National and Established Local Tenants. The Center is Home to Shippy Shoes, a Cornerstone of the Community. They Are Well-Known For Sponsoring a Series of Charity Events and Giveaways Throughout the Year. In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

East Town Center - Stevens Point, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Supermarket, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

172

LAND DETAILS

LAND ACRES

4.28 AC

LAND SF

186,437 SF

ZONING

Commercial

APN/PARCEL ID

281-24-0835120010

ASK ABOUT THIS PROPERTY

Avery McCrarySands Investment GroupMore Info
773-395-1158

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Avery McCrarySands Investment GroupMore Info
773-395-1158

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