Retail Suite Near
New
For Sale
Contact for pricing
135 N Division Street #Suite E, Stevens Point, WI 54481
The commercially zoned space is in a center beside UW–Stevens Point.
Property Size1,500 SF
Price / SF$0.01
Days on Market3
Property Features for 135 N Division Street #Suite E
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Zoning
Commercial
Additional Details
Pylon Signage
Yes
Building Details
Building Size
1,500 SF
Year Built
1987
Tenancy
Multi
Listing Agency:
Nai Pfefferle
(715) 261-2922
Listed By:
Gregory Hedrich · License #9285894
(608) 844-9063
Source:
Howardandwilliams
Added: Oct 30
Last Checked: Oct 30 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nai Pfefferle
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Investment Insights
Based on property information with market context.
This 1,500-square-foot retail suite is in a center built in 1987. The property has building signage and a pylon sign on Division Street, along with a large parking area.
The center sits beside UW–Stevens Point, which has an enrollment of 8,600+, and is a short walk from Sentry Insurance, identified as Stevens Point’s largest employer with over 2,200 employees. Access is via US-51 BUS from I-39 Exit 161.
The center sits beside UW–Stevens Point, which has an enrollment of 8,600+, and is a short walk from Sentry Insurance, identified as Stevens Point’s largest employer with over 2,200 employees. Access is via US-51 BUS from I-39 Exit 161.
Key Highlights
- 1,500‑square‑foot retail suite
- Commercial zoning
- Center built in 1987
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,962
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,240
$299.2K
Cap Rate 7%
$213,743
$213.7K
Cap Rate 9%
$166,244
$166.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$22.5K $15.00/SF
− Vacancy
−$1.1K −$0.75/SF
EGI
$21.4K $14.25/SF
− OpEx
−$6.4K −$4.27/SF
NOI
$15.0K $9.98/SF
Area
Portage County, WI
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,240
Cap Rate 7%
$213,743
Cap Rate 9%
$166,244
Alternative Uses
Best Use
Retail
$213.7K
$187.0K – $249.4K
NOI $14,962 @ 7.0% cap · market cap 124,683.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$291.9K
$255.4K – $340.6K
NOI $20,434 @ 7.0% cap · market cap 170,283.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
Demographics for 54481, WI
28,100
Population
12,697
Households
2.2
Avg Household Size
32
Median Age
38%
College-Educated
96%
High-School Grad
65.6 sq mi
ZIP Area
428
Density / Sq Mi
$57,234
Median Household Income
$29,506
Median Earnings
$853
Median Rent
$191,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The commercially zoned space is in a center beside UW–Stevens Point.
Where is this retail space located?
The property is located at 135 N Division Street #Suite E Stevens Point, WI.
What are key features of this property?
This property features: 1,500‑square‑foot retail suite; Commercial zoning; Center built in 1987
