1600 N Central Ave - Retail FOR SALE


Marshfield, WI 54449
$1,711,000 USD
513-300-0763
1600 N Central Ave, Marshfield, WI for Sale
$1,711,000 USD
Retail - FOR SALE
1/8
null | 6.65% Cap Rate

1600 N Central Ave
Marshfield, WI 54449


HIGHLIGHTS

  • BRAND NEW ABSOLUTE NNN GROUND LEASE: new 20-year Absolute NNN Ground lease (conveying ownership underlying ground only) with 10% Escalation every 5 Yr
  • TENANT | GUARANTORS: Brew 4 You, LLC owns & operates 5 locations with a development agreement to build 15 more locations over the next 5 years!
  • BRAND NEW CONSTRUCTION: custom-built prototype designed for 7 Brew, with impressive 21 car-stack drive-thru - scheduled to open Oct 2025.
  • DOMINANT RETAIL CORRIDOR | TRAFFIC COUNTS: Well-positioned in dominant retail corridor on a ±0.828-acre parcel, adjacent to Target.
  • With great visibility/access pm N Central Ave (main north/south thoroughfare) with traffic counts of 23,293 CPD!
  • 2025 AFFLUENT DEMOGRAPHICS: Total Population (5MI): 23,826 | Average Household Income (1MI): $101,163

OVERVIEW

7 Brew has a Brand new 20-year Absolute NNN Ground lease (conveying ownership - underlying ground only) with attractive 10% rental escalations every 5 years! The Tenant, Brew 4 You, LLC owns & operates 5 locations with a development agreement to build 15 more locations over the next 5 years! The lease is further backed by three Personal Guarantors! It is A custom-built new prototype designed specifically for 7 Brew, featuring an impressive 21 car-stack drive-thru - scheduled to open in October 2025 (est. - currently under construction). The Asset is Well-positioned in dominant retail corridor on a ±0.828-acre parcel, adjacent to Target (across the street from Festival Foods) with great visibility/access pm N Central Ave (main north/south thoroughfare) with traffic counts of 23,293 CPD! Across the street from T.J. Maxx & Festival Foods; nearby major retailers include Target, Walmart, Menards, Hobby Lobby, Ross Kohl’s, Dress for Less, Dunham’s Sports, Maurices, Five Below, Ashley Homestore, Fleet Farm, True Value, Harbor Freight, Dollar Tree, Sally Beauty, Pet Supplies Plus, Walgreens, Aldi, Pick ‘n Save, Advance Auto Parts, O’Reilly Auto Parts, Verizon, USCellular, and Planet Fitness. 7 Brew is 3.5 miles from Mid-State Technical College Marshfield Campus - a public technical college providing comprehensive hands-on education & job training featuring general education classes such as Stainless Steel Welding techinical diploma, a variety of Agriculture & Health degree programs, Public Safety & Emergency Services classes & Business classes; 3 miles from UW - Stevens Point at Marshfield - offering state-of-the-art living & learning facilities offering various degrees & programs serving over 420 students; Less than 1 mile from Marshfield Medical Center - a Level II Adult & Pediatric Trauma Center - this campus includes 314 inpatient beds & a wide range of outpatient services.

FOR SALE DETAILS

PRICE

$1,711,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

-

APN/PARCEL ID

3303208

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.