4107 Mormon Coulee Rd - Freestanding FOR SALE
La Crosse, WI 54601 |
$1,240,000 USD
952-210-0484
4107 Mormon Coulee Rd
La Crosse, WI 54601
HIGHLIGHTS
- New Drive-Thru Small Format “Cabin” Concept - This site is Caribou Coffee’s “Cabin” concept, featuring the new drive-up and walkup only format.
- 10-Year Lease - Caribou Coffee signed a 10 year lease commencing in July of 2021, and has 5 years of term remaining.
- Primary Thoroughfare - Property is located in the primary U.S. Route 14 retail corridor and is surrounded by national tenant traffic drivers.
- Panera Bread Merger - In the fall of 2021, Caribou Coffee merged with Panera Bread and Einstein Bros. Bagels to form Panera Brands.
- Dominant Regional Coffee Brand - Minnesota/Wisconsin has the highest concentration of Caribou locations nationally.
- Property is Located Near US-14 - This location capitalizes on high traffic flow next to US-14 with nearly 24,700 VPD by the subject property.
FOR SALE DETAILS
PRICE
$1,240,000 USD
PRICE/SF
$2,050 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caribou Coffee "Cabin" | La Crosse, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
16
LAND DETAILS
LAND ACRES
0.67 AC
LAND SF
29,185 SF
ZONING
GC
APN/PARCEL ID
017-050181-120
ASK ABOUT THIS PROPERTY
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952-210-0484
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952-210-0484
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