Shopping Strip
Watertown Walmart Shadow Strip
1907 Market Way, Watertown, WI 53094
Listing Price: $2,407,000
Investment Overview
Marcus and Millichap is Pleased to Present this 100 Percent Occupied 13,831 Square Foot Seven Tenant Strip Center in Watertown, Wisconsin. Shadow Anchored by Walmart Supercenter and Tractor Supply Co.
Watertown Walmart Shadow Strip
Investment Highlights
- 100 Percent Occupied 13,831 Square Foot Seven Tenant Strip Center in Watertown, Wisconsin
- Shadow Anchored by Walmart Supercenter and Tractor Supply Co
- All Tenants are E-Commerce - Proof and Service Oriented, an Ideal Fit for Area Demographics
- Liquidation Retail Store "The Bin Store" Occupies 36 Percent of Gross Leasable Area with a New Four Year Lease Executed at $15 per Square Foot Triple-Net
- 87 Percent of Gross Leasable Area is Subject to Landlord-Favorable Triple-Net Reimbursement Structure; With the Potential to Self-Manage and Collect Fees Adds an Additional $21,000 Plus of Potential Income
- Projected 10.05 Percent Cash on Cash Return and 15 Percent Total Return Based on List Price with Market Financing
- Situated off of Hwy 26 and S. Church Street Seeing 12,210 Vehicles per Day
Listing Price: $2,407,000
Investment Highlights
- 100 Percent Occupied 13,831 Square Foot Seven Tenant Strip Center in Watertown, Wisconsin
- Shadow Anchored by Walmart Supercenter and Tractor Supply Co
- All Tenants are E-Commerce - Proof and Service Oriented, an Ideal Fit for Area Demographics
- Liquidation Retail Store "The Bin Store" Occupies 36 Percent of Gross Leasable Area with a New Four Year Lease Executed at $15 per Square Foot Triple-Net
- 87 Percent of Gross Leasable Area is Subject to Landlord-Favorable Triple-Net Reimbursement Structure; With the Potential to Self-Manage and Collect Fees Adds an Additional $21,000 Plus of Potential Income
- Projected 10.05 Percent Cash on Cash Return and 15 Percent Total Return Based on List Price with Market Financing
- Situated off of Hwy 26 and S. Church Street Seeing 12,210 Vehicles per Day
Investment Overview
Marcus and Millichap is Pleased to Present this 100 Percent Occupied 13,831 Square Foot Seven Tenant Strip Center in Watertown, Wisconsin. Shadow Anchored by Walmart Supercenter and Tractor Supply Co.
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