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1600 N Central Ave 543 SF Retail Building Marshfield, WI 54449 $2,388,419 CAD ($4,398.56 CAD/SF) 6.65% Cap Rate



INVESTMENT HIGHLIGHTS
- BRAND NEW ABSOLUTE NNN GROUND LEASE: new 20-year Absolute NNN Ground lease (conveying ownership underlying ground only) with 10% Escalation every 5 Yr
- BRAND NEW CONSTRUCTION: custom-built prototype designed for 7 Brew, with impressive 21 car-stack drive-thru - scheduled to open Oct 2025.
- With great visibility/access pm N Central Ave (main north/south thoroughfare) with traffic counts of 23,293 CPD!
- TENANT | GUARANTORS: Brew 4 You, LLC owns & operates 5 locations with a development agreement to build 15 more locations over the next 5 years!
- DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Well-positioned in dominant retail corridor on a ±0.828-acre parcel, adjacent to Target.
- 2025 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 23,826 | Average Household Income (1MI): $101,163
EXECUTIVE SUMMARY
7 Brew has a Brand new 20-year Absolute NNN Ground lease (conveying ownership - underlying ground only) with attractive 10% rental escalations every 5 years! The Tenant, Brew 4 You, LLC owns & operates 5 locations with a development agreement to build 15 more locations over the next 5 years! The lease is further backed by three Personal Guarantors! It is A custom-built new prototype designed specifically for 7 Brew, featuring an impressive 21 car-stack drive-thru - scheduled to open in October 2025 (est. - currently under construction).
The Asset is Well-positioned in dominant retail corridor on a ±0.828-acre parcel, adjacent to Target (across the street from Festival Foods) with great visibility/access pm N Central Ave (main north/south thoroughfare) with traffic counts of 23,293 CPD!
Across the street from T.J. Maxx & Festival Foods; nearby major retailers include Target, Walmart, Menards, Hobby Lobby, Ross Kohl’s, Dress for Less, Dunham’s Sports, Maurices, Five Below, Ashley Homestore, Fleet Farm, True Value, Harbor Freight, Dollar Tree, Sally Beauty, Pet Supplies Plus, Walgreens, Aldi, Pick ‘n Save, Advance Auto Parts, O’Reilly Auto Parts, Verizon, USCellular, and Planet Fitness. 7 Brew is 3.5 miles from Mid-State Technical College Marshfield Campus - a public technical college providing comprehensive hands-on education & job training featuring general education classes such as Stainless Steel Welding techinical diploma, a variety of Agriculture & Health degree programs, Public Safety & Emergency Services classes & Business classes; 3 miles from UW - Stevens Point at Marshfield - offering state-of-the-art living & learning facilities offering various degrees & programs serving over 420 students; Less than 1 mile from Marshfield Medical Center - a Level II Adult & Pediatric Trauma Center - this campus includes 314 inpatient beds & a wide range of outpatient services.
The Asset is Well-positioned in dominant retail corridor on a ±0.828-acre parcel, adjacent to Target (across the street from Festival Foods) with great visibility/access pm N Central Ave (main north/south thoroughfare) with traffic counts of 23,293 CPD!
Across the street from T.J. Maxx & Festival Foods; nearby major retailers include Target, Walmart, Menards, Hobby Lobby, Ross Kohl’s, Dress for Less, Dunham’s Sports, Maurices, Five Below, Ashley Homestore, Fleet Farm, True Value, Harbor Freight, Dollar Tree, Sally Beauty, Pet Supplies Plus, Walgreens, Aldi, Pick ‘n Save, Advance Auto Parts, O’Reilly Auto Parts, Verizon, USCellular, and Planet Fitness. 7 Brew is 3.5 miles from Mid-State Technical College Marshfield Campus - a public technical college providing comprehensive hands-on education & job training featuring general education classes such as Stainless Steel Welding techinical diploma, a variety of Agriculture & Health degree programs, Public Safety & Emergency Services classes & Business classes; 3 miles from UW - Stevens Point at Marshfield - offering state-of-the-art living & learning facilities offering various degrees & programs serving over 420 students; Less than 1 mile from Marshfield Medical Center - a Level II Adult & Pediatric Trauma Center - this campus includes 314 inpatient beds & a wide range of outpatient services.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
543 SF
Building Class
C
Year Built
2025
Price
$2,388,419 CAD
Price Per SF
$4,398.56 CAD
Cap Rate
6.65%
NOI
$158,852 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.82 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3303208 | Improvements Assessment | $0 CAD |
| Land Assessment | $452,622 CAD | Total Assessment | $452,622 CAD |
PROPERTY TAXES
Parcel Number
3303208
Land Assessment
$452,622 CAD
Improvements Assessment
$0 CAD
Total Assessment
$452,622 CAD
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1600 N Central Ave
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