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22534894
22507312

1699 Schofield Ave, Schofield, WI 54476

HL
LA Brok.995691162, MI. 6505366036 (+1)
Professional Property Advisors
Listed by Professional Property Advisors
$5,435,000
1589 days on market
Updated 45 days ago

Metro Center

Details
APN 281-2808-182-1077
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 41,221
Net Rentable (SqFt) 8,272
Units 26
Cap Rate 7.65%
Occupancy 92%
Tenancy Multi
Lease Type NNN
Price per SqFt $132
Year Built 1995
Year Renovated 2015-2023
Buildings 4
Stories 1
Acreage 5.280
Zoning Commercial
Parking Spaces spaces
Investment Type Value Add

Versatile center with upside potential!

Marketing description

Versatile center located on a busy intersection in Schofield. Country Inn and Suites, Walgreens Pharmacy, and Skylight Autism Center are across the street.

The property has an excellent mix of tenants including: Spectrum Media, Little Caesar's, AnSer, and Lendmark Financial.

The center currently has 3 vacant suites available (680 sf and 2100 sf) providing upside potential. An excellent investment opportunity!

The property is beautifully maintained with fresh paint in 2023 and new roofs on two of the buildings in 2022 and 2024.




Investment highlights

Great visibility with Monument sign

All NNN leases

3 vacant units for upside.

A mix of historically long term and new tenants!

Majority of tenants have rent increases in place

Versatile center perfect for retail, medical, or office space

Parking lot restriped in 2021

Ample Parking


Listing Contacts

HL
LA Brok.995691162, MI. 6505366036 (+1)
Professional Property Advisors
Listed by Professional Property Advisors

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