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Faits saillants de l'investissement

  • Shadows Starbucks, McDonald's & Taco Bell
  • Brand New 10-Year Five Below (NASDAQ: "FIVE") Lease | Grand Opening was October 10
  • New Roof in 2017 with 20-Year Warranty
  • 100% Occupied | 80% of the GLA is Leased until at least 2033
  • Seller has Invested over $2.5m in T.I. the last 2 Years and $225k+ in Cap Ex Enhancements
  • Menomonie is a College Town - Home to University of Wisconsin-Stout (Enrollment: 6,900 Students) | Campus is 1.8 Miles Away

Résumé de l'annonce

Marcus & Millichap is pleased to present the Starbucks and McDonald's Shadow Center located in Menomonie, Wisconsin.
The Seller just recently completed the buildout for Five Below in their new space, Five Below's grand opening was October 10. The Nail Spa was also moved to a new space, with the Seller building out that space as well. The center is offered fully stabilized at 100 percent occupancy, with 80 percent of the GLA leased until at least 2033, providing low rollover risk for an investor. A majority of the tenants have streamlined reimbursements with no year-end reconciliation obligations, which provide a clean and fully retained income stream and which supports a more consistent and predictable cash flow. The property is offered well below replacement at $83 per square foot.
The 130,000 square foot building shadows Starbucks, McDonald's, and Taco Bell, and is positioned with direct access to Interstate 94. Walmart is located on the other side of the interstate, which is a major traffic and economic driver along North Broadway. The University of Wisconsin-Stout campus is about 1.8 miles from the center. UW-Stout has enrollment of 6,900 students across it's 124 acre campus with 25 major academic buildings and 9 residence halls. UW-Stout is a part of the University of Wisconsin System, which includes several other universities including the University of Wisconsin-Madison (41,900+ students).

Bilan financier (Réel - 2024)

Annuel (CAD) Annuel par pi² (CAD)
Revenu de location brut 1 106 691 $ 8,49 $
Autres revenus 365 954 $ 2,81 $
Perte due à l’inoccupation 73 632 $ 0,56 $
Revenu brut effectif 1 399 012 $ 10,73 $
Taxes 89 258 $ 0,68 $
Dépenses d’exploitation 195 777 $ 1,50 $
Total des dépenses 285 035 $ 2,19 $
Revenu net d’exploitation 1 113 977 $ 8,54 $

Bilan financier (Réel - 2024)

Revenu de location brut (CAD)
Annuel 1 106 691 $
Annuel par pi² 8,49 $
Autres revenus (CAD)
Annuel 365 954 $
Annuel par pi² 2,81 $
Perte due à l’inoccupation (CAD)
Annuel 73 632 $
Annuel par pi² 0,56 $
Revenu brut effectif (CAD)
Annuel 1 399 012 $
Annuel par pi² 10,73 $
Taxes (CAD)
Annuel 89 258 $
Annuel par pi² 0,68 $
Dépenses d’exploitation (CAD)
Annuel 195 777 $
Annuel par pi² 1,50 $
Total des dépenses (CAD)
Annuel 285 035 $
Annuel par pi² 2,19 $
Revenu net d’exploitation (CAD)
Annuel 1 113 977 $
Annuel par pi² 8,54 $

Faits sur la propriété

Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
130 387 pi²
Classe d’immeuble
B
Année de construction/rénovation
1973/2023
Prix
14 843 164 $ CAD
Prix par pi²
113,84 $ CAD
Taux de capitalisation
7,50%
Revenu net d’exploitation
1 113 237 $ CAD
Pourcentage loué
93%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,29
Taille du lot
10,16 AC
Zonage
C-1 - Commercial
Stationnement
535 places (4,2 places par 1 000 pi² loué)
Façade
437’ sur Broadway St N

Commodités

  • Affichage
  • Intersection avec signalisation
  • Centre commercial fermé

Principaux locataires

  • Locataire
  • Secteur
  • pi² Occupé
  • Loyer/pi²
  • Type de bail
  • Fin du bail
  • Arts, divertissement et loisirs
  • 17 211 pi²
  • 4,36 $ CAD
  • Loyer hypernet
  • Avr. 2033

Welcome to the Stout Craft Co. and Broadway Bowl in Menomonie, WI. Located in the Shop’s Off Broadway Mall. They offer a full menu featuring craft burgers, sandwiches, pizzas and appetizers! The Stout Craft Co. has a full service bar with over 18 beers on tap. They have LED TVs, and projection screens giving you ample viewing ability to watch your favorite sports teams. They even offer private sky box rooms for you to host a small party or watch the game with your friends. Do you like pool and darts? Stout Craft Co. has tables and boards and Axe Throwing! Broadway Bowl, located in the same building as the Stout Craft Co., features 20 bowling lanes, with nightly specials and many leagues of all skill sets. From Bowling Tournaments like the 2016 WI Senior Women’s State Tournament, to Major National Act Concerts like Rodney Atkins and Pop Evil, the Stout Craft Co. and Broadway Bowl is your one stop destination for entertainment in Menomonie, WI.

  • Détaillant
  • 23 200 pi²
  • 7,15 $ CAD
  • Loyer hypernet
  • Janv. 2027

Dunham's Sports began in Michigan in 1937 as Dunham’s Bait & Tackle and later expanded into a full-line sporting goods chain. The company focuses on athletic equipment, apparel, footwear, exercise goods, fishing, hunting, golf, kayaks, and other outdoor and team-sport merchandise. Dunham's Sports serves customers through a broad retail footprint across the Midwest and into other parts of the United States, using a mix of store locations and online shopping to support its sporting goods business.

  • Transport et entreposage
  • 39 400 pi²
  • 3,06 $ CAD
  • Loyer hypernet
  • Nov. 2043

Locally Owned & Operated Since 2011 - Online Pay - Clean - Secure - UW-Stout Alumni Owned Business. They take pride in storing customers' valuables like they are their own! They are dedicated to providing the best possible customer service. They are committed to offering them exceptional value for their hard earned money. They strive to ensure and amazing experience renting storage. Their website is easy to use and has all the features they need for a rich interactive experience. Pay their bill online 24/7. They make renting storage a hassle free experience. With over 12 years of experience in self storage, why trust stored items anyplace else? Proud members of the Wisconsin Self Storage Association and past President of the Association. They understand the unique needs of the discerning storage customer!

  • Fitness 1440
  • Arts, divertissement et loisirs
  • 15 162 pi²
  • 20,21 $ CAD
  • Loyer hypernet
  • Avr. 2033
  • Détaillant
  • 10 458 pi²
  • 19,93 $ CAD
  • Loyer hypernet
  • Oct. 2035

Five Below began in October 2002 when founders Tom Vellios and David Schlessinger opened the first store in Wayne, Pennsylvania. The company focuses on providing a wide range of products across categories like tech accessories, home goods, sporting goods, toys, and candy. Five Below's business model centers around extreme value pricing, with most items between $1-$5. The retailer has expanded significantly since its founding and now maintains a substantial presence across many states while continuing to target young customers with its affordable merchandise selection.

  • Nails Spa
  • Services
  • 1 480 pi²
  • 20,15 $ CAD
  • Loyer hypernet
  • Avr. 2032

Local nail salon based in Menomonie, Wisconsin.

  • Hébergement et services alimentaires
  • 22 526 pi²
  • 8,65 $ CAD
  • Loyer hypernet
  • Avr. 2033

Welcome to the Stout Craft Co. and Broadway Bowl in Menomonie, WI. Located in the Shop’s Off Broadway Mall. They offer a full menu featuring craft burgers, sandwiches, pizzas and appetizers! The Stout Craft Co. has a full service bar with over 18 beers on tap. They have LED TVs, and projection screens giving you ample viewing ability to watch your favorite sports teams. They even offer private sky box rooms for you to host a small party or watch the game with your friends. Do you like pool and darts? Stout Craft Co. has tables and boards and Axe Throwing! Broadway Bowl, located in the same building as the Stout Craft Co., features 20 bowling lanes, with nightly specials and many leagues of all skill sets. From Bowling Tournaments like the 2016 WI Senior Women’s State Tournament, to Major National Act Concerts like Rodney Atkins and Pop Evil, the Stout Craft Co. and Broadway Bowl is your one stop destination for entertainment in Menomonie, WI.

Locataire Secteur pi² Occupé Loyer/pi² Type de bail Fin du bail
Arts, divertissement et loisirs 17 211 pi² 4,36 $ CAD Loyer hypernet Avr. 2033
Détaillant 23 200 pi² 7,15 $ CAD Loyer hypernet Janv. 2027
Transport et entreposage 39 400 pi² 3,06 $ CAD Loyer hypernet Nov. 2043
Fitness 1440 Arts, divertissement et loisirs 15 162 pi² 20,21 $ CAD Loyer hypernet Avr. 2033
Détaillant 10 458 pi² 19,93 $ CAD Loyer hypernet Oct. 2035
Nails Spa Services 1 480 pi² 20,15 $ CAD Loyer hypernet Avr. 2032
Hébergement et services alimentaires 22 526 pi² 8,65 $ CAD Loyer hypernet Avr. 2033
Assez practicable à pied
40/100
Exceptionnellement facile d'accès en voiture
100/100
Plutôt praticable en vélo
50/100

Principaux détaillants à proximité

Anytime Fitness
Old National Bank
Perkins
Denny's
Caribou Coffee
Applebee's
Starbucks
Snap Fitness

Impôts fonciers

Impôts fonciers

Numéro de lot
1725122813232200080
Évaluation du terrain
669 352 $ CAD (2025)
Évaluation des bâtiments
3 680 207 $ CAD (2025)
Évaluation totale
4 349 559 $ CAD (2025)
Impôts annuels
89 258 $ CAD (0,68 $ CAD/pi²)
Année d’imposition
2024
  • ID d’inscription: 38486286

  • Date de mise sur le marché: 2025-11-18

  • Dernière mise à jour:

  • Adresse: 1501-1567 Broadway St N, Menomonie, WI 54751

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