1110-1122 N Superior Ave - Storefront FOR SALE
Tomah, WI 54660 |
$1,900,000 USD
773-395-1158
1110-1122 N Superior Ave
Tomah, WI 54660
HIGHLIGHTS
- This center has been anchored by Slumberland, a 120-location furniture retailer with a new 10-year term lease, for over 20 years.
- Features a blend of national brands like Domino's and local service providers such as Security Finance, Express Employment Professionals
- Currently 91% occupied with Triple Net (NNN) leases that minimize landlord responsibilities; NOI of $162,432 supported by long-term tenants
- Situated along high-traffic N Superior Ave in Tomah, WI, near major highways (I-90 and I-94), with proximity to key employers
- Includes a 4,500 SF vacant space ready for leasing, offering upside through new occupancy to boost NOI.
- Priced below $38 PSF, providing an excellent entry point for investors seeking yield in a stable Midwest retail market.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 50,900 SF Slumberland anchored shopping center located at 1122 N Superior Avenue in Tomah, WI. The asset is positioned on a prime parcel with strong visibility along N Superior Avenue, featuring ample parking and easy access. The property boasts a diverse tenant mix of national and local service-oriented businesses, including long-term anchors like Slumberland and Domino's. With high occupancy and stable income streams, this center serves as a key retail hub in the growing Tomah community.
In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90
FOR SALE DETAILS
PRICE
$1,900,000 USD
PRICE/SF
$22 USD /SF
CAP RATE
8.55%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Slumberland Anchored Multi-Tenant - Tomah, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Storefront Retail/Office, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
500
LAND DETAILS
LAND ACRES
5.4 AC
LAND SF
235,224 SF
ZONING
Commercial
APN/PARCEL ID
286-01940-0000,286-01941-0000,286-02655-0500,286-02655-0510
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773-395-1158
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773-395-1158
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