Schofield Retail Center For
1699 Schofield Ave Schofield, WI 54476
For Sale
Contact for pricing
Versatile retail center with upside potential in Schofield, Wisconsin.
Property Size41,221 SF
Price / SF$131.85
Days on Market1645
Property Features for 1699 Schofield Ave
General Information
Standard status
Active
Size
41,221 SF
Property subtype
Retail
Building Details
Year Built
1995
Listing Agency:
Professional Property Advisors
Listed By:
Harry Lancz · License #LA Brok.995691162
Source:
Crexi
Added: Jan 27, 2022
Changed: Jul 10
Last Checked: Jul 29 at 3:51PM
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 Professional Property Advisors
Investment Insights
Based on property information with market context.
This versatile retail center is located on a busy intersection in Schofield, Wisconsin, across the street from Country Inn and Suites, Walgreens Pharmacy, and Skylight Autism Center. The property features a mix of tenants, including Spectrum Media, Little Caesar's, AnSer, and Lendmark Financial. The center offers upside potential with 3 vacant suites available, sized at 680 square feet and 2100 square feet. The property is well-maintained, with fresh paint applied in 2023 and new roofs installed on two of the buildings in 2022 and 2024. The property size is 41221 square feet, presenting an investment opportunity.
Key Highlights
- Located on a busy intersection in Schofield with high visibility.
- Excellent mix of established tenants including Spectrum Media, Little Caesar's, AnSer, and Lendmark Financial.
- Upside potential with 3 vacant suites available (680 sf and 2100 sf).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $618.3k | $15.00 |
| − Vacancy | −$26.0k | −$0.63 |
| EGI | $592.3k | $14.37 |
| − OpEx | −$177.7k | −$4.31 |
| NOI | $414.6k | $10.06 |
41,221 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.92M
$5.18M – $6.91M
NOI $414,642 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.62M
$6.66M – $8.89M
NOI $533,111 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Roundy's Inc, 2806 Schofield Ave, Schofield, WI 54476
Frequently Asked Questions
What type of property is this?
Shopping center - Versatile retail center with upside potential in Schofield, Wisconsin.
Where is this shopping center located?
The property is located at 1699 Schofield Ave Schofield, WI.
What is the asking price?
The asking price for this property is $5,435,000.
What are key features of this property?
This property features: Located on a busy intersection in Schofield with high visibility.; Excellent mix of established tenants including Spectrum Media, Little Caesar's, AnSer, and Lendmark Financial.; Upside potential with 3 vacant suites available (680 sf and 2100 sf).
