Current Use by Public Records
- ISpoon / Restaurant
- AT&T Store / Mobile Phone Store / Electronics & Wireless Store
Property Details for 4531 8Th St
- Year built
- 2003
- Lot size
- 1.52 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a fully leased, 16,620 square foot shopping center in Wisconsin Rapids, WI. Boasting a prime location on State Highway 13, with over 20,000 vehicles passing daily, this property ensures high visibility and consistent foot traffic. The center features two buildings, 84 parking spaces (a strong 5 spaces per 1,000 square feet), and is situated on a 1.52-acre lot. Built in 2003, the property is zoned B-2 - General Commercial and benefits from a 100% occupancy rate with reputable tenants including AT&T, Papa Murphy's, and Shopko Optical, providing stable and predictable income under Triple Net (NNN) lease agreements. The property's location in a growing area of Wisconsin Rapids, coupled with its favorable demographic trends and proximity to major retailers like Walmart, makes this a compelling investment opportunity. The asking price is $3,400,000. This multi-tenant retail center offers a secure investment with strong potential for future growth and return. The property's address is 4531 8th St S, Wisconsin Rapids, WI 54494. APN: 3414265.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wisconsin Rapids
- County
- Wood
- State
- Wisconsin
- Longitude
- -89.8158
- Latitude
- 44.3538
