Electronics
Best Buy
700 N Edwards Blvd, Lake Geneva, WI 53147
Listing Price: $5,765,000
Cap Rate
7.06%
Tenant Name
Best Buy
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
30,162
Lease Type
Double Net
Rent Per Square Feet
$13.50
Investment Overview
OVER 19,900 RESIDENTS WITHIN FIVE MILES
AVERAGE HOUSEHOLD INCOME OF $88,241 WITHIN FIVE MILES
49 MILES FROM MILWAUKEE, WI
72 MILES FROM MADISON, WI
Investment Highlights
- CORPORATE GUARANTEE – 1,000+ LOCATIONS
- PUBLICLY TRADED - NYSE: BBY (S&P RATED: BBB+)
- OPERATED SINCE 2008 (OVER 17 YEARS)
- RECENT FIVE YEAR EXTENSION (NO RENT REDUCTION)
- TWO – FIVE YEAR OPTIONS REMAIN ($0.50 PSF INCREASES DURING OPTIONS)
- IN-LINE WITH SHADOW ANCHOR TARGET
Exclusively Listed By
Listing Price: $5,765,000
Cap Rate
7.06%
Tenant Name
Best Buy
Years Remaining On Lease
4.2
Guarantor
Corporate Guarantee
Rentable SF
30,162
Lease Type
Double Net
Rent Per Square Feet
$13.50
Investment Highlights
- CORPORATE GUARANTEE – 1,000+ LOCATIONS
- PUBLICLY TRADED - NYSE: BBY (S&P RATED: BBB+)
- OPERATED SINCE 2008 (OVER 17 YEARS)
- RECENT FIVE YEAR EXTENSION (NO RENT REDUCTION)
- TWO – FIVE YEAR OPTIONS REMAIN ($0.50 PSF INCREASES DURING OPTIONS)
- IN-LINE WITH SHADOW ANCHOR TARGET
Investment Overview
OVER 19,900 RESIDENTS WITHIN FIVE MILES AVERAGE HOUSEHOLD INCOME OF $88,241 WITHIN FIVE MILES 49 MILES FROM MILWAUKEE, WI 72 MILES FROM MADISON, WI