Retail Space on Commercial
For Sale
Contact for pricing
2812 Mall Drive, Eau Claire, WI 54701
Commercial-zoned property with a flexible layout for retail and other business uses.
Property Size3,800 SF
Lot Size0.71 Acres
Price / SF$118.42
Days on Market16
Property Features for 2812 Mall Drive
General Information
Standard status
Active
Size
3,800 SF
Class
B
Lot size
0.71 Acres
Property subtype
Retail, Office
Zoning
Commercial
Investment Type
Owner/User
Building Details
Year Built
1972
Buildings
1
Building Size
3,800 SF
Listing Agency:
Trillium Commercial Realty
(715) 874-4225
Listed By:
Scott Knepper · License #WI 85731-94
Source:
Crexi
Added: Aug 4
Changed: Aug 16
Last Checked: Aug 17 at 9:29AM
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 Trillium Commercial Realty
Investment Insights
Based on property information with market context.
This retail property includes a 3,800-square-foot building on a 0.71-acre site in Eau Claire, Wisconsin. Constructed in 1972, the building has a flexible interior arrangement that can accommodate retail, financial institution, professional office, or medical use, as identified in the property information.
Commercial zoning supports the property’s business-oriented positioning. The site is located at 2812 Mall Drive and offers an existing commercial building with land area that may support future improvements or redevelopment, subject to applicable approvals.
Commercial zoning supports the property’s business-oriented positioning. The site is located at 2812 Mall Drive and offers an existing commercial building with land area that may support future improvements or redevelopment, subject to applicable approvals.
Key Highlights
- 3,800‑square‑foot retail building
- 0.71‑acre commercial site
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,010
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$720,200
$720.2K
Cap Rate 7%
$514,429
$514.4K
Cap Rate 9%
$400,111
$400.1K
Market Conditions
NOI Build-Up for 3,800 SF
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.
Gross rent
$57.0K $15.00/SF
− Vacancy
−$5.6K −$1.46/SF
EGI
$51.4K $13.54/SF
− OpEx
−$15.4K −$4.06/SF
NOI
$36.0K $9.48/SF
Area
Eau Claire County, WI
Vacancy
9.75%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$720,200
Cap Rate 7%
$514,429
Cap Rate 9%
$400,111
Alternative Uses
Best Use
Office B
$756.3K
$661.8K – $882.4K
NOI $52,942 @ 7.0% cap · market cap 11.76%
Second Best
Retail
$514.4K
$450.1K – $600.2K
NOI $36,010 @ 7.0% cap · market cap 8.00%
Theoretical Best
Industrial
$4.29M
$3.75M – $5.00M
NOI $300,208 @ 7.0% cap · market cap 66.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 54701, WI
41,346
Population
17,932
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
98%
High-School Grad
86.0 sq mi
ZIP Area
481
Density / Sq Mi
$71,406
Median Household Income
$37,658
Median Earnings
$963
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial-zoned property with a flexible layout for retail and other business uses.
Where is this retail space located?
The property is located at 2812 Mall Drive Eau Claire, WI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,800‑square‑foot retail building; 0.71‑acre commercial site; Commercial zoning
