1903 Stout Rd - Convenience Store FOR SALE


Menomonie, WI 54751
$135,000 USD
305-206-1286
1903 Stout Rd, Menomonie, WI for Sale
$135,000 USD
Convenience Store - FOR SALE
1/12
null | Request Cap Rate

1903 Stout Rd
Menomonie, WI 54751


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Speedway Convenience Store | 15K VPD | Menomonie, WI | AUCTION NOVEMBER 17-19, 2025
  • Freestanding Former Speedway Convenience Store on Hard Corner in Menomonie, WI
  • 15,416 VPD Traffic Counts with Highway Frontage and Visibility on US Hwy 12 (Stout Rd) in Strong Commercial Corridor
  • 6% Population Growth from 2020-2024 and 3.03% Future Growth Projected from 2024-2029 (5-Mile)
  • Surrounding Traffic Generators: Culver’s, Mayo Clinic, Lake Menomin, Red Cedar Speedway, County Fairgrounds, Kwik Trip
  • Attractive Demographics with ±24,715 Individuals and Annual Household Income of ±$74,186 (5-Mile)

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 1903 Stout Road in Menomonie, Dunn County, Wisconsin (the “Property”). Previously occupied by Speedway, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users or investors to acquire a well-located commercial asset with meaningful value enhancement potential. FIRST BID MEETS RESERVE! Built in 1983, the one-story, free-standing vacant convenience store includes ±2,659 square feet of retail space and features a pylon sign. The Property is strategically positioned on a parcel totaling ±0.562 acres of land with 9 surface parking spaces and can be accessed via several points of ingress/egress. Zoned B-2, Local Commercial District, the Property allows for a variety of commercial uses, providing flexibility for redevelopment or alternative tenant types. This former convenience store provides an outstanding opportunity for investors to capitalize on strong market fundamentals, with potential for value-add through long-term lease-up at market rates (CoStar estimates retail rents at ±$13-$16/SF NNN). Previous Tenant has confirmed they started the process to remove the underground storage tanks, and while this is not a condition of purchase, the previous tenant is obligated to provide appropriate closeout documentation. Menomonie, Wisconsin is a small but vibrant city in Dunn County, anchored by the University of Wisconsin–Stout, which drives demand for housing, retail, and services. Strategically situated along U.S. Highway 10, I-94 and U.S. Route 12 offers excellent connectivity for logistics, light industrial, and highway commercial developments. The Property is prominently situated along Stout Road (US Highway 12) with ±15,416 vehicles per day at the corner of 19th Street, a central corridor in Menomonie offering strong visibility and accessibility for retail or service-oriented users. Nearby traffic drivers include Culver’s, Mayo Clinic, Lake Menomin, Red Cedar Speedway, County Fairgrounds, Kwik Trip, and Menomonie Airport. Located approximately 1-mile from the Property is The University of Wisconsin-Stout which enrolls more than 6,900 students further driving traffic to the Property. Within a 5-mile trade area, the population totals approximately ±24,715 residents, with an average household income of ±$74,186. The population has experienced 6.05% growth from 2020-2024 with 3.03% growth expected to continue through 2029. Menomonie’s strategic location along US-12, its proximity to retail and educational demand drivers, and its accessible site layout make this Property a strong candidate for repositioning or re-tenanting to serve regional retail or convenience store needs.

FOR SALE DETAILS

PRICE

$135,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale/Fmr Speedway Menomonie

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

B2

APN/PARCEL ID

1725122813252400037

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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