CBRE and RealINSIGHT Marketplace is pleased to offer for sale a highly visible property in the city of West Baraboo, Wisconsin, approximately 39 miles northeast of Madison Wisconsin and 10 miles west of the famous resort area of Wisconsin Dells.
The Property is 31% occupied by Slumberland Furniture. This is a top performing store, drawing customers from a large trade area. Currently ranked #2 within the chain it is consistently one of the top-5 grossing stores year after year. Slumberland has operated at the Property since 2003 and is in the middle of its 10-year renewal. They have one 5-year option at the end of 2025 at an increased rate of $4.00/sf.
There is tremendous upside potential through leasing the recently vacated 48,538 sq ft Gander Outdoors space. Additional value-add opportunity can come from either developing the parcel or selling the outlot. The Property is well positioned along the main business corridor in Baraboo Wisconsin and serves a trade area that reaches out more than 10 miles and includes several nearby communities.