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Shopping Strip

Anytime Fitness / Inclusa

1712 Stout St, Menomonie, WI 54751

Listing Price: $1,487,000

Cap Rate
7.50%
Gross SF
9,438
Rentable SF
9,438
Price/Gross SF
$157.55
Lot Size
1.40 acres
Year Built
2007

Investment Overview

Marcus and Millichap is pleased to present for your acquisition review Anytime Fitness and Inclusa Long Term Care in Menomonie, Wisconsin. The 9,438 square foot center, two-tenant center is 100% occupied in the heart of Menomonie, a quiet community located 75 miles due east of Minneapolis. The property is strategically located on a large 1.40-acre parcel with ease of access and visibility from Stout, Oak, and Cedar Avenues. Anytime Fitness recently signed a new lease with over five years remaining on its lease term. Inclusa, a healthcare management non-profit, exercised another one of its options demonstrating its commitment to the site. Both tenants signed NNN leases leaving minimal landlord responsibilities. The property sits in the main retail corridor and is surrounded by a number of traffic drivers including Best Western, Dollar Tree, Slumberland, Wells Fargo, Walgreens, Arby’s, Wendy’s, O’Reilly Auto Parts, Starbucks, Walmart Supercenter, and several car dealerships, offices, and hotels. The location is less than one mile from the Interstate 94 Exit (36,400 Vehicles Per Day) and Broadway Street which boasts 17,700 VPD. Menomonie is the county seat of Dunn County and is halfway between Minneapolis and Eau Claire serving as a main stop on the busy I94 corridor for truck and tourist traffic. The Municipal County Airport and a large Walmart Distribution Center are also just east of the property. There are over 23,000 people living within five miles of the site with an average household income of $74,760 within one-mile.

Investment Highlights

  • Fully Occupied with All NNN Leases Anchored by Anytime Fitness and Inclusa¦ Minimal Landlord Responsibilities
  • Busy Retail/Business Corridor ¦ 17,700 Vehicles Per Day on Broadway Street ¦ 36,000+ VPD on Interstate 94
  • Traffic Drivers Include Walmart Supercenter, Starbucks, O'Reilly Auto Parts, Wendy's, Arby's, Best Western, Slumberland, & Several Car Dealerships and Hotels
  • 23,000+ People Living within 5-Miles ¦ Average Household Income $74,760 within 1-Mile
  • County Seat ¦ Local Attractions Include Lake Menomonie, Wakanda Water Park, Municipal Airport and Walmart Distribution Center

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s) WI: 56163-90

    Wisconsin

Shopping Strip

Anytime Fitness / Inclusa

Listing Price: $1,487,000

Cap Rate
7.50%
Gross SF
9,438
Rentable SF
9,438
Price/Gross SF
$157.55
Lot Size
1.40 acres
Year Built
2007

Investment Highlights

  • Fully Occupied with All NNN Leases Anchored by Anytime Fitness and Inclusa¦ Minimal Landlord Responsibilities
  • Busy Retail/Business Corridor ¦ 17,700 Vehicles Per Day on Broadway Street ¦ 36,000+ VPD on Interstate 94
  • Traffic Drivers Include Walmart Supercenter, Starbucks, O'Reilly Auto Parts, Wendy's, Arby's, Best Western, Slumberland, & Several Car Dealerships and Hotels
  • 23,000+ People Living within 5-Miles ¦ Average Household Income $74,760 within 1-Mile
  • County Seat ¦ Local Attractions Include Lake Menomonie, Wakanda Water Park, Municipal Airport and Walmart Distribution Center

Investment Overview

Marcus and Millichap is pleased to present for your acquisition review Anytime Fitness and Inclusa Long Term Care in Menomonie, Wisconsin. The 9,438 square foot center, two-tenant center is 100% occupied in the heart of Menomonie, a quiet community located 75 miles due east of Minneapolis. The property is strategically located on a large 1.40-acre parcel with ease of access and visibility from Stout, Oak, and Cedar Avenues. Anytime Fitness recently signed a new lease with over five years remaining on its lease term. Inclusa, a healthcare management non-profit, exercised another one of its options demonstrating its commitment to the site. Both tenants signed NNN leases leaving minimal landlord responsibilities. The property sits in the main retail corridor and is surrounded by a number of traffic drivers including Best Western, Dollar Tree, Slumberland, Wells Fargo, Walgreens, Arby’s, Wendy’s, O’Reilly Auto Parts, Starbucks, Walmart Supercenter, and several car dealerships, offices, and hotels. The location is less than one mile from the Interstate 94 Exit (36,400 Vehicles Per Day) and Broadway Street which boasts 17,700 VPD. Menomonie is the county seat of Dunn County and is halfway between Minneapolis and Eau Claire serving as a main stop on the busy I94 corridor for truck and tourist traffic. The Municipal County Airport and a large Walmart Distribution Center are also just east of the property. There are over 23,000 people living within five miles of the site with an average household income of $74,760 within one-mile.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s): WI: 56163-90

    Wisconsin

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