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1820 N Superior Ave 6,798 SF Retail Building Tomah, WI 54660 $1,648,582 CAD ($242.51 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Lease with Advance Auto which operates over 4,700 stores in the US and Canada
- High profile free-standing building on large parcel adjacent to Aldi
- NN lease with minimal landlord maintenance obligations provides passive ownership for out of state investor
- Advance Auto recently reported EPS higher than expected and reaffirmed it's full year guidance
- 8.0% going in CAP Rate
- 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 Tomah, WI.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,798 SF
Building Class
B
Year Built
2005
Price
$1,648,582 CAD
Price Per SF
$242.51 CAD
Cap Rate
8%
NOI
$131,914 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.92 AC
Zoning
C
Parking
20 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 286-02651-1800 | Improvements Assessment | $879,902 CAD |
| Land Assessment | $190,363 CAD | Total Assessment | $1,070,266 CAD |
PROPERTY TAXES
Parcel Number
286-02651-1800
Land Assessment
$190,363 CAD
Improvements Assessment
$879,902 CAD
Total Assessment
$1,070,266 CAD
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1820 N Superior Ave
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