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1501-1567 Broadway St N
Menomonie, WI 54751

$10,910,000 USD

Storefront For Sale  •  130,387 SF

Property Details

  • Property Type Storefront
  • Total Building Size 130,387 SF
  • Lot Size 10.16 AC
  • Building Class B
  • Year Built 1973
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning C-1
0 Transit Score
53 Walk Score

Highlights

Shadows Starbucks, McDonald's & Taco Bell
100% Occupied | 80% of the GLA is Leased until at least 2033
Brand New 10-Year Five Below (NASDAQ: "FIVE") Lease | Grand Opening was October 10
Seller has Invested over $2.5m in T.I. the last 2 Years and $225k+ in Cap Ex Enhancements
New Roof in 2017 with 20-Year Warranty
Menomonie is a College Town - Home to University of Wisconsin-Stout (Enrollment: 6,900 Students) | Campus is 1.8 Miles Away

Property Flyers

Financial Summary (Actual)

Net Operating Income: $818,794 USD (2024)
Cap Rate: 7.50 %
Total Expenses: $209,506 USD

Major Tenants

Tenant SF Occupied Lease End Date
Broadway Bowl 17,211 SF 4/30/2033
Dunham's Sports 23,200 SF 1/31/2027
Eclipse Self Storage 39,400 SF 11/30/2043
Fitness 1440 15,162 SF 4/30/2033
Five Below 10,458 SF 10/31/2035
Nails Spa 1,480 SF 4/30/2032
Stout Craft Co. 22,526 SF 4/30/2033

Amenities

  • Signage
  • Signalized Intersection
  • Enclosed Mall

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 535
Type: Surface
Included in Rent: Yes
Nathan Whalen 317-218-5329 Marcus & Millichap
Nathan Whalen 317-218-5329 Marcus & Millichap