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Value-Add Dark BMO Bank Lease - Black Creek 101 N Main St

3,592 SF Retail Building Black Creek, WI 54106 £394,500 (£110/SF)

Investment Highlights

  • Strong Opportunity to Capture an Initial Double Digit Return on an Ideal Value Add Opportunity
  • Situated on a Hard Corner in the Heart of Downtown Black Creek Making For an Ideal Investment Opportunity
  • Modern and Well-Maintained Building on a Well Manicured Lot
  • BMO Bank's Lease Expires in December 2025; Tenant Currently Paying $84,000 on a Triple Net Lease
  • Black Creek Wisconsin is 25-Miles From Green Bay Which Has a Population of Over 106,000 in the Metro Area
  • Average Household Income in the Area Exceeds Over $78,942

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,592 SF High Yield Value-Add Retail Opportunity Located at 101 North Main Street Black Creek, WI. This Deal Includes a Dark BMO Bank lease Which Expires in December 2025 Providing For a Strong Initial Double Digit Return. Strategically Located in the Heart of Black Creek, WI Providing For Ideal Investment For a Local Business Owner.

In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,592 SF
Building Class
C
Year Built
1970
Price
£394,500
Price Per SF
£110
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Land Acres
0.47 AC
Zoning
C-1 - General Commercial
Parking
14 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
154 ft on E Burdick St

Amenities

  • Signage
  • Drive Thru

Links

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PROPERTY TAXES

Parcel Number 22-0-0343-00 Improvements Assessment £195,593
Land Assessment £18,936 Total Assessment £214,529

PROPERTY TAXES

Parcel Number
22-0-0343-00
Land Assessment
£18,936
Improvements Assessment
£195,593
Total Assessment
£214,529
(404) 459-6193

  • Listing ID: 33557390

  • Date on Market: 18/10/2024

  • Last Updated:

  • Address: 101 N Main St, Black Creek, WI 54106

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© 2024 CoStar Group

Value-Add Dark BMO Bank Lease - Black Creek | 101 N Main St
(404) 459-6193 x

Value-Add Dark BMO Bank Lease - Black Creek | 101 N Main St

Ross Staples

(404) 459-6193

(404) 459-6193

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