4321-4323 8Th St Wisconsin Rapids, WI 54494
This exceptional investment opportunity presents a 21,890 square foot retail center in Wisconsin Rapids, WI, shadow-anchored by a high-performing Walmart Supercenter. The property comprises two single-story buildings constructed in 2007 and situated on a 1.6-acre lot. Currently boasting 91.3% occupancy, the center features six units, including four triple-net leases and one modified gross lease, with one unit currently vacant (8.7% of GLA). Key tenants include Maurices and Mattress Firm, with Mattress Firm recently extending their lease through February 2034. The center's strong historical occupancy and prime location, coupled with the adjacent Walmart's high ranking (19th out of 85 in Wisconsin, per Placer.ai), make this a compelling investment prospect. The asking price is $2,800,000, representing a $127.91 price per square foot and a 7.32% cap rate. The property is well-maintained and offers significant potential for future growth and return on investment. This is a rare opportunity to acquire a stable, high-performing retail center in a desirable location.
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
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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.