1200 N Central Ave - Restaurant FOR SALE
Marshfield, WI 54449 |
1200 N Central Ave
Marshfield, WI 54449
HIGHLIGHTS
- Corporate NNN Lease with Perkins which operates 291 restaurants in 32 states.
- Historically strong unit level sales. Tenant paid on average $10,000 in Percentage Rent for years 2015-2019 in addition to base rent pre-covid.
- Low rent to sales.
- Located on main throughfare, Central Avenue, in Marshfield along with the Marshfield Mall, Target, Walmart, Menards, McDonalds, Walgreens, Burger King
- Large 1.75 acre lot with 89 stalls included.
- Recent Roof in 2012 and Interior/Exterior Remodel in 2014.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Perkins
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
4500
STORIES
1
YEAR BUILT
1977
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
3303809
