151 Division St N - Retail FOR SALE
Stevens Point, WI 54481 |
$1,156,114 USD
952-210-0484
151 Division St N
Stevens Point, WI 54481
HIGHLIGHTS
- New Drive-Thru Small Format “Cabin” Concept - This site is Caribou Coffee’s “Cabin” concept, featuring the new drive-up and walk-up only format.
- 10-Year Lease - Caribou Coffee signed a 10 year lease commencing in August of 2022 and has 6.5 years of term remaining.
- Primary Thoroughfare - Featuring many national retailers like McDonalds, Burger King, Festival Foods, Culver’s, Noodles and Company, Taco Bell, etc.
- Dominant Regional Coffee Brand - Minnesota/Wisconsin has the highest concentration of Caribou locations nationally.
- Property is Located Directly on US-51 - This location capitalizes on high traffic flow on US-51 with nearly 12,900 VPD by the subject property.
- Nearby University of Wisconsin Stevens Point - Property is located two blocks north of University of Wisconsin Stevens Point with over 7,000 students.
FOR SALE DETAILS
PRICE
$1,156,114 USD
PRICE/SF
$1,927 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caribou Coffee "Cabin" Stevens Point, WI
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.3 AC
LAND SF
13,073 SF
ZONING
-
APN/PARCEL ID
281-24-0829140013
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952-210-0484
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952-210-0484
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