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19782612
29351041

2022 N Shore Rd, Delavan, WI 53115

BW
MI 6502430911
DIRT Realty
Listed by DIRT Realty
$59,900
651 days on market
Updated 25 days ago

Level 3 Charging Station: Delevan Lakes, WI

Details
Property Type Business for Sale, Special Purpose
Sub Type Business and Building, Garage/Parking (+1)
Square Footage 500
Units 175
Cap Rate 10.27%
NOI $6,150
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 16.69%
Pro-Forma NOI $10,000
Price per SqFt $120
Class A
Year Renovated 2024
Lot Size (SqFt) 500
Parking Spaces 84 per unit
Investment Type Sale/Leaseback
Tenant Credit Credit Rated
Ground Lease Yes

Level 3 EV Charging Station - 11 cap rate

Marketing description

Over $180,000 invested in this Level 3 charging station. Installed in 2024 with a track record of NOI = $6,000/yr for an 11 cap rate and growing.

This is one of over 175 charging stations we have for sale in a network or cherry pick your favorite locations in Michigan, Wisconsin and Washington State.

Many in high traffic municipal locations throughout Michigan. Multifamily in Washington, and resort locations in Wisconsin. We have more to install and are seeking to sell or partner on existing locations. These are on 10 year ground leases with municipalities, Level 2 and 3 (DC fast chargers). Price varies by location, but can be purchased by location or municipality.

Our business plan includes more than just charging revenue. NDA required for additional information.

Investment highlights

11 CAP RATE.

Over $180,000 invested in this Level 3 charging station. Installed in 2024 with a track record of NOI = $6,000/yr for an 11 cap rate and growing.

This is one of over 175 charging stations we have for sale in a network or cherry pick your favorite locations in Michigan, Wisconsin and Washington State.

Many in high traffic municipal locations throughout Michigan. Multifamily in Washington, and resort locations in Wisconsin. We have more to install and are seeking to sell or partner on existing locations. These are on 10 year ground leases with municipalities, Level 2 and 3 (DC fast chargers). Price varies by location, but can be purchased by location or municipality.

Our business plan includes more than just charging revenue. NDA required for additional information.

Listing Contacts

BW
MI 6502430911
DIRT Realty
Listed by DIRT Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$6,150.00
$512.50/mo

Valuation Metrics

0
DSCR
10.27%
Cap Rate
10.27%
ROI

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