Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 7,749 square foot AutoZone located at 2234 Prairie Ave, Beloit, WI 53511. Built in 1976, this single-story building boasts a strong 9.9 years remaining on the lease, recently extended in 2023 with built-in rental increases, demonstrating the tenant's long-term commitment. The property generates a substantial NOI of $52,800, translating to a compelling 6.00% cap rate on an asking price of $880,000. The location… within a dense retail corridor is a significant advantage, surrounded by national brands such as Walmart, Starbucks, and others, and in close proximity to Beloit Memorial Hospital (3,000 employees). Further enhancing the investment potential is the imminent development of a $405 million casino project featuring a hotel, slot machines, and table games, expected to significantly increase foot traffic and economic activity in the area. AutoZone's impressive financial performance, including a 37% increase in net sales since 2019 and a more than doubled stock price, underscores the tenant's stability and growth trajectory. This property offers a rare combination of a secure, long-term lease, a strong tenant with a proven track record, and a prime location poised for significant future growth, making it an ideal addition to any investment portfolio. The current rent is significantly lower than comparable ground leases for new AutoZone locations, providing additional value and potential for future rent increases.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 11 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 12,543 SF
- Lot area
- 1.03 ac
- Year built
- 1976
- APN
- 12420655
- Assessed value · 2023
- $759,100
- Annual tax · 2023
- $12,154
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.