Current Use by Public Records
- Shopping centers
Property Details for 1699 Schofield Ave
- Year built
- 1995
- Lot size
- 5.28 lot acres
- Property type
- Shopping centers
- Property subtype
- Neighborhood centers
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Schofield
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.6031
- Latitude
- 44.9098
