Mulberry Corner presents both investors and owner-users with a compelling opportunity in the growing Baraboo market. The 10,757 square foot multi-tenant retail property is currently 31% occupied, producing a Year 1 NOI of $6,190 based on the existing rent roll. Two suites remain available for lease, providing immediate upside potential through new tenancy and additional cash flow. In-place rents are below market, offering further opportunity for income growth as leases renew or rollover. The existing tenant base provides a stable foundation, while still leaving room for significant appreciation through active management.
For an owner-user, the vacant suite and the building's flexible configuration create an opportunity to occupy space immediately while benefiting from rental income generated by the existing tenants. This dual advantage reduces occupancy costs and provides long-term control over the business's location.
The property also includes a pole shed on site, which could be leased for additional rental income.
7,407 SF between Suites A and B available for lease for $8.50/SF Modified Gross.