15779 Us-63 Hayward, WI 54843
This exceptional investment opportunity presents a 3,824 square foot retail building situated on a 0.42-acre lot in Hayward, Wisconsin. The property boasts a 9% cap rate and is currently 100% occupied by a NAPA Auto Parts store, a corporate-owned tenant with a strong 30+ year history at this location and a new 5-year lease with three, 5-year renewal options. The building, constructed in 1980, is a single-story structure with ample parking (1,000 spaces per 1,000 sq ft). The property is strategically located on a hard corner of US Highway 63, ensuring high visibility and accessibility. A secondary tenant, R3 Racing, occupies a portion of the building, further diversifying the income stream. The property's Assessed Property Number (APN) is 236-941-22-3422. This is a net lease, minimizing landlord responsibilities and maximizing return on investment. The asking price for this prime retail investment is $589,000. This property offers a rare combination of strong tenant occupancy, a desirable location, and a high-yielding cap rate, making it an ideal addition to any investment portfolio. The property is located at 15779 US-63, Hayward, WI 54843.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.