Maurices | Medford, WI
High-Yield Single-Tenant Investment | 14-Year Operating History
Marketing description
CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/Maurices_Medford
Investment highlights
Single-Tenant Maurices Pad to Walmart Supercenter:
Recently extended corporate lease with minimal landlord responsibilities
Three 3-year options remaining with scheduled rent increases
5,005 sq. ft. building on large 1.96 acre lot
Maurices has over 800 locations across the U.S.
Near-Term Upside Opportunity: 8.62% cap rate with scheduled rent increase in 2027; percentage rent allows for additional NOI that is not being capitalized
Proven Track Record at This Location: Maurices has been operating at the site for 14 years; reported sales support a healthy rent-to-sales ratio (contact Broker for details)
Ideal Exposure Along North Eighth Street with Strong Regional Draw: The primary retail corridor for Medford and 1.3 million annuals visits to the center from customers in a 50-mile radius (Placer.ai)
Nearby tenants include Culver’s, McDonald’s, O’Reilly Auto Parts, Taco Bell, KFC, Tractor Supply
Desirable Northcentral Wisconsin Market: Medford is ranked among the best places to live in Wisconsin and has been ranked in the top 10 most desirable places to live by USA Today
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