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Shopping Strip

Park Plaza

2670 E Main St, Reedsburg, WI 53959

Listing Price: $2,800,000

Cap Rate
7.95%
Gross SF
28,586
Rentable SF
28,586
Price/Gross SF
$97.95
Year Built
2002

Investment Overview

Marcus & Millichap is pleased to present Park Plaza at 2670 E. Main Street in Reedsburg, WI. Park Plaza is 96.15% occupied with only one vacant unit allowing for upside opportunity. All leases are structured as Triple Net and most are personally guaranteed. This center has long term occupancy with 72% of the building occupied by existing tenants since 2005 or earlier.

Rent roll and other confidential information is available with a signed confidentiality agreement, Please contact listing agent for the CA or with any questions.

Investment Highlights

  • 96.15% Occupied Retail Center - One Vacant Unit for Upside Opportunity
  • All Tenants on NNN Leases
  • Majority of Leases Backed by Personal Guarantees
  • Long Term Tenancy, 72% of Building Occupied by Existing Tenants Since 2005 or Earlier
  • Dollar Tree Has Occupied 28% of the Building Since 2003
  • Great Visibility on E Main St with Multiple Points of Ingress/Egress

Exclusively Listed By

Listing Price: $2,800,000

Cap Rate
7.95%
Gross SF
28,586
Rentable SF
28,586
Price/Gross SF
$97.95
Year Built
2002

Investment Highlights

  • 96.15% Occupied Retail Center - One Vacant Unit for Upside Opportunity
  • All Tenants on NNN Leases
  • Majority of Leases Backed by Personal Guarantees
  • Long Term Tenancy, 72% of Building Occupied by Existing Tenants Since 2005 or Earlier
  • Dollar Tree Has Occupied 28% of the Building Since 2003
  • Great Visibility on E Main St with Multiple Points of Ingress/Egress

Investment Overview

Marcus & Millichap is pleased to present Park Plaza at 2670 E. Main Street in Reedsburg, WI. Park Plaza is 96.15% occupied with only one vacant unit allowing for upside opportunity. All leases are structured as Triple Net and most are personally guaranteed. This center has long term occupancy with 72% of the building occupied by existing tenants since 2005 or earlier.

Rent roll and other confidential information is available with a signed confidentiality agreement, Please contact listing agent for the CA or with any questions.

Exclusively Listed By

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