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    1699 Schofield Ave Schofield, WI 54476

    For Lease
    $8 SF/Yr

    Prime Retail Space, Multiple Units Available

    Lot size:
    42,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail property, located at 1699 Schofield Avenue in Schofield, Wisconsin, offers 42,000 square feet of space across four single-story buildings. Built in 1995, the property sits on a 5.28-acre lot and boasts 92 parking spaces, ensuring ample convenience for customers and employees. Currently, there are multiple units available, ranging from 1,270 square feet to a maximum contiguous space of 6,800 square feet, with a total of 21,119 square feet currently vacant. The property features a variety of potential uses, including office, medical, restaurant, and retail spaces, making it ideal for a diverse range of businesses. Located at a high-traffic intersection with over 15,000 vehicles passing daily, this property offers excellent visibility and signage opportunities. The building is constructed of quality arch block, and the property benefits from a modified net lease structure with a pro-rata share of expenses at $3.60 per square foot, plus utilities. Specific lease rates vary from $8.50 to $14.00 per square foot, with Suite 300 (6,800 SF) available at a reduced rate of $6.95 per square foot NNN for a minimum five-year term. The property is zoned commercial and has 200 AMP power. This is a rare opportunity to secure a well-located, versatile retail space in a thriving Wisconsin community.

    Property Features for 1699 Schofield Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,000 SF
    Total Rate
    29750

    Building Details

    Year Built
    1995
    Buildings
    4
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 108-109
    Size
    1,360 SF
    Rate per SF
    $14
    Space
    Suite 112
    Size
    680 SF
    Rate per SF
    $14
    Space
    Suite 200
    Size
    3,133 SF
    Rate per SF
    $14
    Space
    Suite 300
    Size
    6,800 SF
    Rate per SF
    $14
    Space
    Suite 301
    Size
    1,520 SF
    Rate per SF
    $8
    Space
    Suite 302
    Size
    1,756 SF
    Rate per SF
    $14
    Space
    Suite 303
    Size
    1,300 SF
    Rate per SF
    $14
    Space
    Suite 403
    Size
    2,100 SF
    Rate per SF
    $14

    HighLights

    • Versatile space suitable for professional, medical, retail, or restaurant uses.
    • Solid arch block construction.
    • Ample on‑site parking.
    • High‑traffic location with excellent visibility.
    • Strong tenant mix.
    • Excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schofield
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.6030893
    Latitude
    44.9097589

    Nearby Comparable

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    • $15 SF/Yr
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      Wausau Office Building - 15,000 SF

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      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space, Multiple Units Available
    Where is this neighborhood center located?
    The property is located at 1699 Schofield Ave Schofield, WI.
    What is the lease rate?
    The lease rate is $8-$14 SF/Yr.
    What are key features of this property?
    This property features: Versatile space suitable for professional, medical, retail, or restaurant uses.; Solid arch block construction.; Ample on-site parking.
    Request Owner's contact information
    1699 Schofield Ave Schofield, WI 54476
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1699 Schofield Ave Schofield, WI 54476
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