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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

306 Main St Reedsburg, WI 53959

1,727 SF 0.38 ac lot Built 1980
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,727-square-foot gas station and convenience store located at 306 East Main Street in Reedsburg, Wisconsin. Built in 1980 and renovated in 2023, this property sits on a 0.38-acre lot and benefits from a highly visible, signalized corner location at the intersection of Main Street and WI-33, boasting over 13,500 vehicles per day. The property features multiple points of access, ensuring convenient ingress and egress for customers. The absolute NNN lease structure provides a passive income stream with a 2% annual rent increase. This single-tenant operation has a strong history of serving the community for over 20 years, providing a secure investment with an open fuel supply. The asking price is $170,000, translating to $98.44 per square foot. Nearby national tenants include McDonald's, Arby's, Culver's, Subway, KFC, and Walgreens, further enhancing the property's desirability and potential for continued success. This is a value-add opportunity with a proven track record and significant upside potential. The property's prime location and established customer base make it an attractive investment for discerning buyers seeking a stable and profitable retail asset.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1980
Total area 1,727 SF
Lot 0.38 ac (16,553 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cenex Gas Station
  • Sqrl Gas Station
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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