513-515 W Main St. Sun Prairie, WI 53590
Fully leased retail property in Sun Prairie, Wisconsin.
Property Features for 513-515 W Main St.
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Retail
Listing office Cresa Madison
Listing date May 13, 2026
Source Crexi
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 Cresa Madison
Investment Insights
Based on property information with market context.
Key Highlights
- Fully leased retail property providing stable income.
- Tenants pay utilities.
- Recent roof replacement (4 years ago).
Local 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 | $48.0k | $15.00 |
| − Vacancy | −$4.2k | −$1.31 |
| EGI | $43.8k | $13.70 |
| − OpEx | −$13.1k | −$4.11 |
| NOI | $30.7k | $9.59 |
