101 Frances Ln - Retail FOR SALE


Beaver Dam, WI 53916
$2,547,000 USD
248-688-0630
101 Frances Ln, Beaver Dam, WI for Sale
$2,547,000 USD
Retail - FOR SALE
1/9
null | 6.5% Cap Rate

101 Frances Ln
Beaver Dam, WI 53916


HIGHLIGHTS

  • 100% Occupied | 2024 Construction | NNN Leases | Drive-Thru
  • Signalized, Hard Corner Intersection | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a drive-thru equipped, 100% occupied, 2-tenant Starbucks (NASDAQ: SBUX | S&P: BBB+) and Dollar Loan Center pad located in Beaver Dam, Wisconsin. The property spans across a 1.40-acre lot and consists of two suites totaling 4,075 SF. Built in 2024, the property offers state-of-the-art construction and top-tier amenities, significantly reducing the risk of near-term capital expenditures. Both tenants recently signed new 10- and 5-year leases with scheduled rental increases and multiple options to extend, demonstrating their long-term commitment to the site. Both leases are NNN in nature, minimizing expense leakage for a future investor. Starbucks occupies the larger end cap suite and is equipped with a drive-thru, providing ease and convenience for customers.

FOR SALE DETAILS

PRICE

$2,547,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks & Dollar Loan Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

Commercial

APN/PARCEL ID

206-1214-2711-012

ASK ABOUT THIS PROPERTY

Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

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Michael CarterSRS Real Estate PartnersMore Info
248-688-0630

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.