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303 Reid St 9,100 sq ft 27% Let Retail Property De Pere, WI 54115 £1,196,441 (£131.48/sq ft) 6.33% Net Initial Yield
EXECUTIVE SUMMARY
Excellent location in downtown De Pere next to St. Norbert's College. Owner occupant location for bar and restaurant, redevelopment, or investment with current leases in place. The Abbey Bar & Grill occupies 6,600 SF. They are willing to sell its longstanding business, leaseback or vacate depending on negotiations. The Abbey Bar and Grill Business with all FF&E is separately listed for sale for $200,000. For Copies of the existing leases and business income please sign the NDA on LoopNet to access the vault.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS Under Offer
Sale Type
Investment or Owner Occupier
Sale Conditions
Property Type
Retail
Property Subtype
Property Size
9,100 sq ft
Year Built
2002
Price
£1,196,441
Price per sq ft
£131.48
Yield
6.33%
NOI
£75,735
Occupancy Rate
27%
Number of Floors
2
Plot ratio
0.30
Total Plot Size
0.69 ac
Frontage
200 ft on Reid Street
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- The Abbey
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- The Flour Pot
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| The Abbey | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| The Flour Pot | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Walk Score®
Easily Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WD-955 | Improvements Assessment | £1,037,239 |
| Land Assessment | £100,950 | Total Assessment | £1,138,189 |
PROPERTY TAXES
Parcel Number
WD-955
Land Assessment
£100,950
Improvements Assessment
£1,037,239
Total Assessment
£1,138,189
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303 Reid St
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