1528 Us Highway 51 - Freestanding FOR SALE
Stoughton, WI 53589 |
$1,226,000 USD
818-206-4468
1528 Us Highway 51
Stoughton, WI 53589
HIGHLIGHTS
- RECENT 10-YEAR EXTENSION – Approximately 18 months ago, the tenant reaffirmed their commitment to this location by signing a 10-year lease extension.
- AFFLUENT SUBMARKET – Stoughton benefits from a strong local economy and solid demographic fundamentals.
- PRICED BELOW REPLACEMENT COST – Offered at $175 PSF, well below the typical cost of new construction ($250–$325 PSF).
- SUPERIOR LOCAL RETAIL – The subject property is well located along one of Stoughton’s retail corridors.
- LOW RENT TO SALES RATIO – The site performs well comparative to the rental rate that the tenant is paying. Reach out to broker for more details.
- NOTABLE TRUCKING INDUSTRY – Stoughton, WI is home to Stoughton Trucking Inc., a trucking a company established in 1989.
FOR SALE DETAILS
PRICE
$1,226,000 USD
PRICE/SF
$139 USD /SF
CAP RATE
6.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
ADVANCE AUTO PARTS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
0511-064-9270-7
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818-206-4468
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818-206-4468
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