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28303967
28303968

620 Industrial Dr, Sparta, WI 54656 For Sale

$1,999,999
242 days on market
Updated 164 days ago

Plaza 16 West

Details
Property Type Mixed Use, Office (+1)
Sub Type Shopping Center
Square Footage 24,000
Units 13
Cap Rate 8.00%
NOI $160,000
Price per SqFt $83
Year Built 1996
Buildings 2
Stories 1
Acreage 2.150
Zoning Commercial

High Visibility Strip Mall

Marketing description

Mixed-use shopping center with direct highway access. Gross Rent is $237,300 This 13-unit strip mall is situated across from anchor stores, including Walmart and the Do-it-Rite Center. There are several national brands with long-term leases, like Verizon and Advance America. The property includes a pole sign for the business name plaque and has over 100 parking spots. Only 15 minutes from the city of Onalaska and other smaller surrounding towns.

Listing Contacts

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$160,000.00
$13,333.33/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Amber Metcalf
License
57107
Brokerage
Lux Real Estate
Brokerage Phone
608.317.7902
Title
Broker of Record
Brokerage Address
1216 Bluff Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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