Update: This property is Off Market.
Beau Beach, CCIM presents:
$25,000 price drop to ensure a timely sale!
The hard work is done. The land was bought. The building was designed and permits granted. The ground up construction complete. Your anchor tenant, Subway, has signed a long term lease and moved in. And you have a second food service tenant that creates foot traffic for the center. For less than $100/SF! This property doesn’t require an experienced expert…just someone who is willing to put in the work. All that’s left for you to do is fill the vacancy and you’ll add substantial value. It’s really that simple.
This one-owner property is a multi-tenant retail strip center. The property was developed in 2005. Local owner is selling the property to focus its limited time and resources on other non-real estate businesses.
Prominent signage. Plenty of parking with 12 spaces per 1,000 SF. Great curb appeal. 233 feet of frontage on the main road through town which is S. Main Street/Hwy 14. Traffic counts exceed 6,000 vehicles per day. Population of 5,911 within 3 miles. Located next to Main Street Country Store, Gathering Grounds coffee shop and Mecum Auctions…home of the world’s largest collector car auctions.
Current tenants include Subway and Nayeli’s Pizza & Restaurant. Subway has its own drive-thru. You’ll be building your rent roll from this foundation of internet resistant tenants. The remainder of the center was once home to a night club. The property was designed so that the approx. 4,000 SF vacancy can be broken into 4 smaller +/-1,000 SF suites.
Financial Snapshot available by request.
Walworth is located 82 miles from Chicago and 58 miles from Milwaukee. Walworth is a village in Walworth County, Wisconsin. The population was 2,816 at the 2010 census. As of the 2010 census, the population of Walworth County was 102,228.
- Price: $774,000
- Area: 2 acres
- Phone Number: 414-324-4938
- Space (s.f.): 8,500 SF