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Shopping Neighborhood

Sauk Point Square

701 N High Point Rd, Madison, WI 53717

Listing Price: $5,000,000

Cap Rate
8.04%
Gross SF
26,350
Rentable SF
26,350
Price/Gross SF
$189.75
Lot Size
2.66 acres
Year Built
1999

Investment Overview

OVER 139,000 RESIDENTS WITHIN FIVE MILES WITH AN AVERAGE HOUSEHOLD INCOME OF $111,840

Investment Highlights

  • 95.28% OCCUPIED RETAIL CENTER -12 TOTAL UNITS
  • ALL LEASES BESIDES ONE STRUCTURED AS TRIPLE-NET (MINIMAL LANDLORD RESPONSIBILITY)
  • LEASES ARE STAGGERED FROM ONE TO EIGHT YEARS REMAINING
  • LONG TERM TENANCY -MULTIPLE LEASE EXTENSIONS
  • NEW FIVE-YEAR LEASE WITH CODE NINJAS -TOOK TWO VACANT SPACES
  • NEW LEASES WITH MATHNASIUM (SEVEN YEARS) & OH SHOOT (OCCUPING THE OUTLOT BUILDING)

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Vice President Investments

    (262) 364-1924

    Email Jeff

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

    Milwaukee

Financing By

Shopping Neighborhood

Sauk Point Square

Listing Price: $5,000,000

Cap Rate
8.04%
Gross SF
26,350
Rentable SF
26,350
Price/Gross SF
$189.75
Lot Size
2.66 acres
Year Built
1999

Investment Highlights

  • 95.28% OCCUPIED RETAIL CENTER -12 TOTAL UNITS
  • ALL LEASES BESIDES ONE STRUCTURED AS TRIPLE-NET (MINIMAL LANDLORD RESPONSIBILITY)
  • LEASES ARE STAGGERED FROM ONE TO EIGHT YEARS REMAINING
  • LONG TERM TENANCY -MULTIPLE LEASE EXTENSIONS
  • NEW FIVE-YEAR LEASE WITH CODE NINJAS -TOOK TWO VACANT SPACES
  • NEW LEASES WITH MATHNASIUM (SEVEN YEARS) & OH SHOOT (OCCUPING THE OUTLOT BUILDING)

Investment Overview

OVER 139,000 RESIDENTS WITHIN FIVE MILES WITH AN AVERAGE HOUSEHOLD INCOME OF $111,840

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Vice President Investments

    (262) 364-1924

    Email Jeff

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

    Milwaukee

Financing By

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