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The Market Place at Sun Prairie 2 biens • Commerce de détail • À vendre 7 857 997 $ CAD • Sun Prairie, WI



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Faits saillants de l'investissement
- Attractive Rent Increases
- Strategic Retail Location
- Strong Demographics
- Minimal Landlord Responsibilities
- Madison, WI MSA
Résumé de l'annonce
Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in Market Place at Sun Prairie located at 302-338 S Grand Avenue in Sun Prairie, Wisconsin (the “Property”). The seven-tenant plaza is 100% leased to a mix of national and local retailers and contains 14,974 square feet spread over two buildings on a 1.57-acre parcel. All of the leases call for the tenants to reimburse their pro-rata share of real estate taxes, insurance and operating expenses and six of the seven leases provide attractive rent increases in the primary lease terms and renewal options (if applicable).
Market Place at Sun Prairie occupies a prime location in the heart of Sun Prairie’s commercial corridor, positioned along S Grand Avenue, one of the area’s primary retail and commuter routes. The Property offers excellent visibility and strong frontage, enhancing its presence within this established trade area. Located seconds from Target, adjacent to new commercial development, and surrounded by a mix of national and local retailers and restaurants, the center benefits from consistent consumer traffic.
The Property is also conveniently located near residential neighborhoods, area schools, UW Health East Madison (Hospital), and several large employers, providing a reliable built-in customer base. In addition, Towne Creek Commons offers efficient regional connectivity with quick access to WI Route 19, U.S. Routes 51 and 151, as well as Interstate 90, supporting ease of travel throughout Sun Prairie and the broader region, and providing quick access to Downtown Madison, 15 miles to the southwest.
Market Place at Sun Prairie occupies a prime location in the heart of Sun Prairie’s commercial corridor, positioned along S Grand Avenue, one of the area’s primary retail and commuter routes. The Property offers excellent visibility and strong frontage, enhancing its presence within this established trade area. Located seconds from Target, adjacent to new commercial development, and surrounded by a mix of national and local retailers and restaurants, the center benefits from consistent consumer traffic.
The Property is also conveniently located near residential neighborhoods, area schools, UW Health East Madison (Hospital), and several large employers, providing a reliable built-in customer base. In addition, Towne Creek Commons offers efficient regional connectivity with quick access to WI Route 19, U.S. Routes 51 and 151, as well as Interstate 90, supporting ease of travel throughout Sun Prairie and the broader region, and providing quick access to Downtown Madison, 15 miles to the southwest.
Faits sur la propriété
| Prix | 7 857 997 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 524,78 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 6,97% | Taille totale du bâtiment | 14 974 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 16,49 AC |
| Statut | Actif |
| Prix | 7 857 997 $ CAD |
| Prix/pi² | 524,78 $ CAD / pi² |
| Taux de capitalisation | 6,97% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 14 974 pi² |
| Superficie totale du terrain | 16,49 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Marketplace Shopping Center
302-310 S Grand Ave, Sun Prairie, WI 53590 |
Commerce de détail | 7 500 pi² | 2007 | - |
| 322-338 S Grand Ave, Sun Prairie, WI 53590 | Commerce de détail | 7 474 pi² | 2007 | - |
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The Market Place at Sun Prairie
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