Schofield Retail Center For Sale

1519 Metro Dr, Schofield, WI 54476

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For Sale

Contact for pricing

Prime corner lot with long-term tenants and upside potential.

Type:Retail

Property size:

41,221 SF

Price / SF:

$131/SF

HighLights

Pro Forma cap rate is over 11% when leased to full occupancy.
Located on a prime corner lot in the busiest section of Schofield.
Great mix of long‑term tenants including Charter Media, Haven Transport, Little Caesar’s, and the D.C. Everest School District.
Fantastic investment opportunity with solid upside potential.
Vacant suites available in a variety of versatile sizes.
Built in 1995.

We can help!

Listing Contact

T.J. Morice, SIOR

For Sale

Contact for pricing

Prime corner lot with long-term tenants and upside potential.

Type:Retail

Property size:

41,221 SF

Price / SF:

$131/SF

Added:: Dec 8, 2022
Days on Market:: 1282
Last Refresh:: May 19 at 9:21 pm

Property Features for 1519 Metro Dr

General Information

Standard status: Active
Size: 41,221 SF
Property subtype: Retail

Building Details

Year Built: 1995

We can help!

Listing Contact

T.J. Morice, SIOR

Listing agent T.J. Morice, SIOR License #WI 89917-94

Listing office NAI Pfefferle

Listing date Dec 8, 2022

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 NAI Pfefferle

HighLights

Pro Forma cap rate is over 11% when leased to full occupancy.
Located on a prime corner lot in the busiest section of Schofield.
Great mix of long‑term tenants including Charter Media, Haven Transport, Little Caesar’s, and the D.C. Everest School District.
Fantastic investment opportunity with solid upside potential.
Vacant suites available in a variety of versatile sizes.
Built in 1995.

Overview

This commercial property is situated on a prime corner lot in the busiest section of Schofield. The property features a mix of long-term tenants, including Charter Media, Haven Transport, Little Caesar’s, and the D.C. Everest School District. The property has vacant suites available in a variety of versatile sizes, presenting an investment opportunity with upside potential. The property size is 41221 square feet. The pro forma cap rate is over 11% when leased to full occupancy.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$618.3k	$15.00
− Vacancy	−$26.0k	−$0.63
EGI	$592.3k	$14.37
− OpEx	−$177.7k	−$4.31
NOI	$414.6k	$10.06

41,221 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$5.92M

$5.18M – $6.91M (±1% cap)

NOI $414,642 @ 7.0% cap · market cap 7.63%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$7.62M

$6.66M – $8.89M (±1% cap)

NOI $533,111 @ 7.0% cap · market cap 9.81%

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

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Location Insight

Map
Local Demand

City: Schofield
County: Marathon
State: Wisconsin
Longitude: -89.6031412
Latitude: 44.9105655

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Schofield Retail Center For Sale

Versatile retail center with upside potential in Schofield, Wisconsin.

1699 Schofield Ave, Schofield, WI 54476

View Details

For sale
Shopping centers
WI
Schofield
54476
1519 Metro Dr

What type of property is this?

Shopping center - Prime corner lot with long-term tenants and upside potential.

Where is this shopping center located?

The property is located at 1519 Metro Dr Schofield, WI.

What is the asking price?

The asking price for this property is $5,435,000.

What are key features of this property?

This property features: Pro Forma cap rate is over 11% when leased to full occupancy.; Located on a prime corner lot in the busiest section of Schofield.; Great mix of long‑term tenants including Charter Media, Haven Transport, Little Caesar’s, and the D.C. Everest School District.