818 8th St, Baraboo, WI 53913

Located in Baraboo, Wisconsin, approximately 40 miles from Madison, this property presents a value-add opportunity anchored by Take 5 Oil Change. The property is situated off a corridor with an average of approximately 14,291 vehicles per day. The total building area is approximately 12,252 square feet on approximately 2.05 acres. Take 5 occupies approximately 1,632 square feet under a corporate-guaranteed lease that extends through 2031, with a renewal option. Take 5 has been at this location since 2006 and recently renewed their lease, demonstrating nearly two decades of continuous occupancy, generating an income of $46,083 per year. An adjacent shop of approximately 1,920 square feet and a warehouse of approximately 8,700 square feet are currently vacant, offering immediate upside potential. The property offers a full NNN structure at stabilization. The property's automotive service use and building components may qualify for significant accelerated depreciation, including potential 100% bonus depreciation under current tax law. This property is also an owner-user opportunity to occupy the approximately 8,700 square foot warehouse for business purposes and leverage the income from Take 5 to service debt. It is suitable for contractors, landscapers, electricians, plumbers, HVAC companies, fabrication shops, auto body shops, equipment service providers, and other trades-based operations.