1103 Broadway St - Menomonie | $1,428,442
Investment Opportunity: Prime Retail Location
Location: 1103 Broadway St S, Menomonie, WI 54751
Property Type: Retail
Subtype: Restaurant
Investment Type: Sale/Leaseback
Lease Type: NNN
Square Footage: 2,500
Price/Sq Ft: $571.38
Cap Rate: 0.42%
Pro-Forma Cap Rate: 0.42%
Occupancy: 100%
NOI: $6,000
Pro-Forma NOI: $6,000
Units: 2
Year Renovated: 2017
Buildings: 1
Stories: 1
Zoning: B-2 (Local Commercial District)
Lot Size (acres): 0.588
Description: This property presents a rare investor and/or owner-user opportunity. The seller will sign a 10-year lease at closing for the continued operation of Erbert & Gerbert’s Sandwich Shop. Additionally, the seller will master lease the remaining 720+ sq ft for 24 months or until a lease is executed for the space. Strategically located in the central part of Menomonie and directly across from the University of Wisconsin-Stout, with over 7,200 students, this property offers high visibility and a steady stream of potential customers. Don't miss out on this chance to invest in a prime retail location.
Purchase Price: $1,428,442
View on Crexi: Click Here
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