4531 8Th StWisconsin Rapids, WI 54494

For Sale
$3,400,000

Profitable 8-Tenant Shopping Center

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully leased, 16,620 square foot shopping center in Wisconsin Rapids, WI. Boasting a prime location on State Highway 13, with over 20,000 vehicles passing daily, this property ensures high visibility and consistent foot traffic. The center features two buildings, 84 parking spaces (a strong 5 spaces per 1,000 square feet), and is situated on a 1.52-acre lot. Built in 2003, the property is zoned B-2 - General Commercial and benefits from a 100% occupancy rate with reputable tenants including AT&T, Papa Murphy's, and Shopko Optical, providing stable and predictable income under Triple Net (NNN) lease agreements. The property's location in a growing area of Wisconsin Rapids, coupled with its favorable demographic trends and proximity to major retailers like Walmart, makes this a compelling investment opportunity. The asking price is $3,400,000. This multi-tenant retail center offers a secure investment with strong potential for future growth and return. The property's address is 4531 8th St S, Wisconsin Rapids, WI 54494. APN: 3414265.

Highlights

  • $3,400,000 asking price for a stabilized retail investment.
  • 16,620 square foot shopping center with 8 tenants on a 1.52-acre lot.
  • 100% occupancy with a triple net (NNN) lease structure.
  • Strong tenant roster including AT&T, Papa Murphy's, and Shopko Optical.
  • Excellent location on State Highway 13 with high daily traffic counts and ample parking (84 spaces).

Property Details for 4531 8Th St

Property type
Lifestyle centers, Power centers
Square Feet
16,620 SF
Year Built
2003
Buildings
2
Lot Size (sq. ft)
66,211 SF

Location Insight

City
Wisconsin Rapids
County
Wood
State
Wisconsin
Latitude
44.353842
Longitude
-89.8157809
4531 8Th St, Wisconsin Rapids, Wisconsin

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4531 8Th St
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