Investment Opportunity

Shopping Center for Sale
Catylist Listing ID: 30645231
Property Subtypes: Strip Center
Building Size (RSF): 41,060 SF
Gross Building Area: See Agent
Sale Price: $4,900,000
Unit Price: $119.34 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2020

Overview / Comments

Investment Opportunity. Upscale strip center, pylon sign, corner, signalized location. All masonry construction, total reface 2010. 100 % occupied with a great mix of tenants. 3.5 acres property. Parking lot replaced 2018. See tenant information on leases. NOI $307,460

Current Tenants

Tenant Business Name MEDI Weightloss
Industry Type Health Care and Social Assistance
Is Renting? Yes
Annual Revenue $42,900 (Annual)
Suite Number 801
SF of Space Occupied 3,300 SF
Current Rent $13 PSF (Annual)
Lease Expiration 6/2021
Escalations on renewal
Options to 5/31/28
Tenant Notes NNN
Tenant Business Name The Game Capital
Industry Type Retail Trade
Is Renting? Yes
Annual Revenue $68,772 (Annual)
Suite Number 805
SF of Space Occupied 10,800 SF
Current Rent $6 PSF (Annual)
Lease Expiration 12/2024
Escalations on renewal
Options to 11/30/33
Tenant Notes NNN
Tenant Business Name Pa Pa John's
Industry Type Accommodation and Food Services
Is Renting? Yes
Annual Revenue $19,596 (Annual)
Suite Number 807
SF of Space Occupied 2,000 SF
Current Rent $10 PSF (Annual)
Lease Expiration 1/2025
Escalations on renewal
Options to 12/31/29
Tenant Notes NNN
Tenant Business Name WS Enterprises
Industry Type Real Estate and Rental and Leasing
Is Renting? Yes
Annual Revenue $6,000 (Annual)
Suite Number 809
SF of Space Occupied 2,000 SF
Current Rent $3 PSF (Annual)
Lease Expiration 2/2021
Options mo to mo
Tenant Notes This tenant is the sellers office. Rent + Utilities
Tenant Business Name Anytime Fitness
Industry Type Other Services
Is Renting? Yes
Annual Revenue $62,055 (Annual)
Suite Number 811
SF of Space Occupied 5,000 SF
Current Rent $12 PSF (Annual)
Lease Expiration 3/2026
Escalations on renewal
Options to 3/1/38
Tenant Notes NNN
Tenant Business Name The Wine Cellar
Is Renting? Yes
Annual Revenue $64,050 (Annual)
Year Founded 1974
Suite Number 813
SF of Space Occupied 6,400 SF
Current Rent $10 PSF (Annual)
Lease Expiration 3/2024
Escalations on renewal
Options to 2/28/29
Tenant Notes NNN
Tenant Business Name KK Sew & Vac
Industry Type Retail Trade
Is Renting? Yes
Annual Revenue $28,800 (Annual)
Suite Number 815
SF of Space Occupied 3 SF
Current Rent $11 PSF (Annual)
Lease Expiration 4/2023
Escalations on renewal
Options to 4/1/26
Tenant Notes NNN
Tenant Business Name X Factor Elite Gym
Industry Type Other Services
Is Renting? Yes
Annual Revenue $27,000 (Annual)
Suite Number 120
SF of Space Occupied 9,000 SF
Current Rent $3 PSF (Annual)
Lease Expiration 7/2022
Escalations on renewal
Options to 6/30/25
Tenant Notes Rent + Utilities

Additional Details

Nearest MSA: Green Bay
County: Brown
Tax ID/APN: WD-84

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,572 44,667 113,578
Median Age: 34.04 37.17 36.97
Households: 2,242 17,879 45,979

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