Listing Agency: Telus Property Services + Solutions

Listed By: David Robson · License #MN 40126656

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:03AM

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Investment Insights

Based on property information with market context.

This 7,491-square-foot commercial building supports office or retail use and includes a leased portion occupied by the US Post Office. The existing tenancy covers 1,432 square feet within the property.

Located at 316 Wisconsin Ave in Centuria, Wisconsin, the building offers street-facing exposure in a central setting. The US Post Office lease terminates January 31, 2020, with a five-year extension option at a gross annual rent of $11,914.

Key Highlights

• 7,491 SF of office or retail space
• US Post Office leases 1,432 SF
• Lease terminates January 31, 2020

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Building Supply Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

86

Businesses Nearby

Explore this area Business Placement

Demographics for 54824, WI

2,271

Population

1,076

Households

2.1

Avg Household Size

45

Median Age

15%

College-Educated

90%

High-School Grad

39.0 sq mi

ZIP Area

58

Density / Sq Mi

$66,450

Median Household Income

$36,220

Median Earnings

$848

Median Rent

$193,500

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Flexible office or retail property with an existing US Post Office tenancy.

Where is this retail space located?

The property is located at 316 Wisconsin Ave Centuria, WI.

What are key features of this property?

This property features: 7,491 SF of office or retail space; US Post Office leases 1,432 SF; Lease terminates January 31, 2020