123 W Prairie View Rd - Auto Repair FOR SALE
Chippewa Falls, WI 54729 |
123 W Prairie View Rd
Chippewa Falls, WI 54729
HIGHLIGHTS
- Investors can use 100% bonus depreciation on property improvements in year one, creating a major upfront tax shield and boosting after-tax cash flow
- Immediate cost recovery improves overall investment returns and reduces tax liability (consult accounting professional for detailed analysis)
- Over 10 years left on a 15-year NNN lease, offering stability and minimal Landlord expense responsibilities
- The lease guarantees rent growth with 10% rent bumps every five years, increases which continue through the three option periods
- Just 600 ft from WI Highway 124, which connects Chippewa Falls to Eau Claire and sees over 13,000 VPD
- Actively executing a strategic growth plan to double its location count within just three years, demonstrating exceptional corporate momentum
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
Grease Monkey
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
ADD'L SUBTYPES
Freestanding, Service Station
TOTAL BUILDING SIZE
4375
STORIES
1
YEAR BUILT
1998
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
22808-1811-63110110
