1144 County Road D, Nekoosa, WI 54457
sale
$1,349,900
|
Other
Courtesy Of Realty Executives Cooper Spransy
SAND VALLEY BOGO - TWO NEW COMMERCIAL BUILDINGS! Stabilized pro-forma NOI of approximately $128,300, offering a projected 9.51% cap rate at the current asking price, based on $173,200 in potential annual base rent & CAM reimbursements, 5% stabilized vacancy & estimated operating expenses of 22%. The 5,500 SF Sands West building is fully leased at $72,000 annually. Sands East has signed LOIs covering 3,300 SF, generating approximately $58,300 annually before rent abatements, w/ an additional 2,200 SF available for lease at a projected $42,900 annually, including CAM. Two modern commercial buildings total 11,000 SF on 2.41 acres along a high-traffic corridor near Kwik Trip, Sand Valley Golf Resort, & area lakes. Features include flexible unit configurations, private-bath infrastructure, large windows, modern design, paved parking, shared outdoor space, & infrastructure for a future third building. Opportunity for investor seeking current income with lease-up & expansion potential.
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Property Features
- Age: 1-5 Years Old
- Amenities: Disabled Access
- Amenities: Security System
- Building Units: 2
- MLSID: 1995986
- Roof Type: Metal
- Rooms: Family Room
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