Mixed-Use
USPS Anchored Mixed-Use Building | 9.3% CAP
100 S 1st St, Mount Horeb, WI 53572
Listing Price: $1,590,000
Investment Overview
Marcus & Millichap is pleased to present the fee simple interest in 100 S First St, a 19,312-
square foot mixed-use building located in downtown Mount Horeb. This asset is priced at
a 9.3% CAP rate, listed at $1,590,000. The building is currently 97% occupied with tenants
all on gross leases.
The United States Postal Service (USPS) and Gemplers Farm & Home Supply Company
serve as the two anchor tenants at the subject location. USPS has been at this location
since 1993, and has roughly 5 years remaining on their lease. Gemplers Farm & Home
Supply Company 's corporate office occupies 7,726-square feet inside the premises.
Gemplers is an E-Commerce based company specializing in landscaping products and
clothes.
The property benefits from direct exposure 11,700 vehicles per day in addition to heavy
pedestrian traffic. Madison is a short 20-minute drive away from Mount Horeb. The
majority of the residents in Mount Horeb commute daily to Madison.
Please contact Marcus & Millichap with additional questions and interest.
USPS Anchored Mixed-Use Building | 9.3% CAP
Investment Highlights
- USPS anchored mixed-use building located in Mount Horeb, WI (Madison MSA)
- Main on Main Location in a growing Madison, WI suburb
- 5 years remaining on USPS lease I USPS has operated at the subject location since 1993
- Strong Demographics I Avg. household income of $104,622 in a 1-mile radius from the subject location
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
Listing Price: $1,590,000
Investment Highlights
- USPS anchored mixed-use building located in Mount Horeb, WI (Madison MSA)
- Main on Main Location in a growing Madison, WI suburb
- 5 years remaining on USPS lease I USPS has operated at the subject location since 1993
- Strong Demographics I Avg. household income of $104,622 in a 1-mile radius from the subject location
Investment Overview
Marcus & Millichap is pleased to present the fee simple interest in 100 S First St, a 19,312- square foot mixed-use building located in downtown Mount Horeb. This asset is priced at a 9.3% CAP rate, listed at $1,590,000. The building is currently 97% occupied with tenants all on gross leases. The United States Postal Service (USPS) and Gemplers Farm & Home Supply Company serve as the two anchor tenants at the subject location. USPS has been at this location since 1993, and has roughly 5 years remaining on their lease. Gemplers Farm & Home Supply Company 's corporate office occupies 7,726-square feet inside the premises. Gemplers is an E-Commerce based company specializing in landscaping products and clothes. The property benefits from direct exposure 11,700 vehicles per day in addition to heavy pedestrian traffic. Madison is a short 20-minute drive away from Mount Horeb. The majority of the residents in Mount Horeb commute daily to Madison. Please contact Marcus & Millichap with additional questions and interest.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Financing By
