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425 S 3RD ST 425 S 3rd St

4,235 SF Retail Building Cornell, WI 54732 $1,292,805 CAD ($305 CAD/SF) 8% Cap Rate

Investment Highlights

  • Absolute NNN Portfolio Sale-Leaseback – Properties available as a portfolio or individually.
  • Experienced Operator – The operator’s team has extensive experience operating gas stations throughout the Midwest, with 130+ stores
  • Multiple Revenue Streams – Additional tenants on the property include Subway and a motorcycle repair shop.
  • Strong Guarantee – Lease is personally guaranteed by a high net worth, experienced gas station operator with a large and growing real estate portfolio
  • Strong Historical Financial Performance – The property has consistently reported increased revenue annually. Financials available for review.
  • Bonus Depreciation – Fee Simple ownership structure may allow for bonus depreciation benefits. Consult with a tax professional.

Executive Summary

Broker of Record
Matt Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
4,235 SF
Building Class
C
Year Built/Renovated
1998/2024
Price
$1,292,805 CAD
Price Per SF
$305 CAD
Cap Rate
8%
NOI
$103,424 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.66 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23106-1733-6175-0216
Land Assessment
$62,773 CAD
Improvements Assessment
$503,188 CAD
Total Assessment
$565,961 CAD
  • Listing ID: 34418036

  • Date on Market: 2025-01-08

  • Last Updated:

  • Address: 425 S 3rd St, Cornell, WI 54732

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