Property profile

815 Main St Sun Prairie, WI 53590

OFF-MARKET
Commercial real estate
Property ID
US92-0696735
5,200 SF 0.62 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 815 W Main St, Sun Prairie, WI 53590, in Dane County. The property offers a flexible space ranging from 1,600 to 3,400 square feet, currently with 3,400 square feet vacant, perfect for a variety of retail or restaurant uses. The space boasts high visibility and easy access, making it an ideal location for attracting customers. Ample parking is available for both tenants and patrons. The property also presents a unique opportunity for prominent exterior signage, including building and monument signage options. The lease rate is $18 per square foot, triple net (NNN), with estimated NNN expenses of $6 per square foot. This prime location benefits from strong demographics, ensuring a robust customer base. Furthermore, an exterior remodel is planned for Summer 2024, enhancing the property's curb appeal and attracting even more attention. This is a fantastic chance to establish a thriving business in a vibrant and growing community. The property is multi-tenant.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction WOOD
Total area 5,200 SF
Lot 0.62 ac (26,833 SF)
APN 0811-064-9970-4
UPID US92-0696735

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

815 Main St Sun Prairie, WI 53590-2041
Sun Prairie metro Census 11506 MADISON, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2024
Last sale
$233,400
5 recorded transactions
2024
$233,400
2020
$285,000
2009
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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