275 Laing St Redgranite, WI 54970-9404
This exceptional retail property, located at 275 Laing Street, offers a substantial 12,707 square feet of space on a 1.01-acre lot. Currently vacant, this single-tenant building presents a unique opportunity for a business seeking a prominent location. The property is ideally suited for a variety of retail uses, given its size and ample parking potential afforded by the large lot. The building's entire footprint is available for lease, providing significant flexibility for tenant build-out and customization. The property features a current sublease agreement expiring February 29th, 2032, with a gross rate of $11.50 per square foot. This lease rate provides a strong foundation for future lease negotiations. The expansive lot size offers significant potential for outdoor displays, landscaping, or additional development, depending on the tenant's needs and local zoning regulations. This property's size, location, and current lease terms make it an attractive investment for a discerning business seeking a high-visibility retail presence. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.