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Walmart Shadow Center
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Walmart Shadow Center
2 Retail Properties Offered at £2,417,687 in Wisconsin Rapids, WI
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INVESTMENT HIGHLIGHTS
- Shadow Anchored by Walmart Supercenter that Ranks Number 19 of 85 of in Wisconsin, per Placer.ai
- Five Triple Net Leases, One Modified Gross Lease
- Mattress Firm Recently Renewed Ten Years, Now Leased Through February 2034
- Two Buildings Anchored by Maurices and Mattress Firm
- New 10 Year Lease With A National Tenant (3% Annual Rent Increases)
- Built in 2007 and Well Maintained
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present this Walmart shadow center in Wisconsin Rapids. The center consists of two buildings anchored by Maurices and Mattress Firm. This center has strong historical occupancy and the adjacent Walmart Supercenter ranks very well per Placer.ai.
PROPERTY FACTS
Price | £2,417,687 | Number of Properties | 2 |
Price / SF | £110.90 / SF | Individually For Sale | 0 |
Net Initial Yield | 7.50% | Total Building Size | 21,800 SF |
Sale Type | Investment | Total Land Area | 1.36 AC |
Status | In Exchange |
Price | £2,417,687 |
Price / SF | £110.90 / SF |
Net Initial Yield | 7.50% |
Sale Type | Investment |
Status | In Exchange |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 21,800 SF |
Total Land Area | 1.36 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
Multi-Tenant Retail Space
4323 8th St S, Wisconsin Rapids, WI 54494 |
Retail | 10,900 SF | 2007 | - |
4321 8th St S, Wisconsin Rapids, WI 54494 | Retail | 10,900 SF | - | - |
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Walmart Shadow Center
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