625 S Broadway St - Freestanding FOR SALE


Stanley, WI 54768
$920,000 USD
631-626-8324
625 S Broadway St, Stanley, WI for Sale
$920,000 USD
Freestanding - FOR SALE
1/2
null | 7.25% Cap Rate

625 S Broadway St
Stanley, WI 54768


HIGHLIGHTS

  • Strategically positioned east of Minneapolis. This Advance Auto Parts is approximately 20 mi from the nearest National auto parts retailer.
  • Below-market rents, with significant upside potential; can enable an adaptive reuse as needed.
  • Offered for Purchase at approximately $117/sq. ft.

OVERVIEW

Silber Investment Properties is pleased to present this Advance Auto Parts property located at 625 S Broadway St, Stanley, WI. The building consists of roughly 8,105 rentable square feet on an estimated half-acre lot. Advance Auto Parts has approximately 3 years on their lease with one remaining 5-year option. The lease is NN, with limited landlord responsibilities. The parking lot has been recently repaved in 2022 and the building has a steel roof. Advance Auto Parts currently has over 4,000 locations across the United States, Puerto Rico, and the Virgin Islands.

FOR SALE DETAILS

PRICE

$920,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C

APN/PARCEL ID

22905-3631-72951001A

ASK ABOUT THIS PROPERTY

Erick VaysmanSilber Investment Properties, LTDMore Info
631-626-8324

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Erick VaysmanSilber Investment Properties, LTDMore Info
631-626-8324

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