Property Overview 2955 New Pinery Road is a 10,000 SF retail/service building on 0.95 acres, located in the heart of Portage’s primary commercial corridor. Built in 1994, the property offers excellent frontage, ample parking, and strong visibility along New Pinery Road (Highway 51). The building is fully leased to two established tenants, providing stable income and immediate cash flow. Investment Highlights Asking Price: $1,400,000 Cap Rate: 9% Building Size: 10,000 SF Lot Size: 0.95 acres Year Built: 1994 Occupancy: 100% leased to two tenants (rent-to-own retailer and nail spa) Parking Ratio: ~5/1,000 SF Zoning: Commercial Retail Tenant Summary Lebakken’s Rent to Own – regional specialty retailer Ocean Nails & Spa – personal services tenant (Detailed rent roll and operating statements available upon receipt of LOI.) Location Overview The property sits within Portage’s dominant retail corridor, surrounded by national and regional tenants including Walmart, ALDI, Festival Foods, Kwik Trip, Arby’s, Runnings, and Shopko Optical. A new Dunkin’/Baskin-Robbins with drive-through is under development on the adjacent corner parcel, further enhancing the strength of the location. Easy access to Interstate 39 and Highway 51 High traffic counts on New Pinery Road (ADT data available) Strong signage and visibility Market Overview Portage, WI (population ~10,400; median household income ~$62,800) serves as a regional hub for Columbia County. The corridor continues to attract national retailers and QSR tenants, supporting long-term stability and growth for retail assets in the area.