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Electronics

Best Buy

700 N Edwards Blvd, Lake Geneva, WI 53147

Listing Price: $5,299,000

Cap Rate
7.68%
Tenant Name
Best Buy
Years Remaining On Lease
3.6
Guarantor
Corporate Guarantee
Rentable SF
30,162
Lease Type
Double Net
Rent Per Square Feet
$13.50

Investment Overview

Marcus & Millichap is pleased to present for sale Best Buy in Lake Geneva, Wisconsin

Over 19,900 Residents within Five Miles

Average Household Income of $88,241 within Five Miles

49 Miles from Milwaukee, Wisconsin

72 Miles from Madison, Wisconsin

Investment Highlights

  • Corporate Guarantee - Over 1000 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

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

  • Eric Wagner

    Senior Director Investments

    (262) 364-1947

    Email Eric

    License(s): WI: 87199-94, IL: 475184743

    Minneapolis

Financing By

Listing Price: $5,299,000

Cap Rate
7.68%
Tenant Name
Best Buy
Years Remaining On Lease
3.6
Guarantor
Corporate Guarantee
Rentable SF
30,162
Lease Type
Double Net
Rent Per Square Feet
$13.50

Investment Highlights

  • Corporate Guarantee - Over 1000 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

Marcus & Millichap is pleased to present for sale Best Buy in Lake Geneva, Wisconsin Over 19,900 Residents within Five Miles Average Household Income of $88,241 within Five Miles 49 Miles from Milwaukee, Wisconsin 72 Miles from Madison, Wisconsin

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

  • Eric Wagner

    Senior Director Investments

    (262) 364-1947

    Email Eric

    License(s): WI: 87199-94, IL: 475184743

    Minneapolis

Financing By

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