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1737 N Central Ave 7,013 SF Retail Building Marshfield, WI 54449 $1,794,422 CAD ($255.87 CAD/SF) 8% Cap Rate
Investment Highlights
- Strategic main and main location across from Target & Walmart
- Dominant location with below market rent
- NN lease with minimal landlord maintenance obligations provides passive ownership for out of state investor
- Corporate Lease with Advance Auto which operates over 4,700 stores in the US and Canada
- 8.0% going in CAP with potential future upside
- Fee simple ownership allows for depreciation of the building boosting after tax returns
Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this Advance Auto Parts in Marshfiled, WI. This main and main corner location has been leased to Advance Auto for 20 years and is an opportunity to buy the dominant piece of real estate in the market with a corporate Net Lease and future upside potential.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,013 SF
Building Class
C
Year Built
2004
Price
$1,794,422 CAD
Price Per SF
$255.87 CAD
Cap Rate
8%
NOI
$143,608 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.89 AC
Zoning
C
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3303204E | Improvements Assessment | $539,284 CAD |
| Land Assessment | $493,056 CAD | Total Assessment | $1,032,340 CAD |
Property Taxes
Parcel Number
3303204E
Land Assessment
$493,056 CAD
Improvements Assessment
$539,284 CAD
Total Assessment
$1,032,340 CAD
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Presented by
Atlantic Capital Partners
1737 N Central Ave
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