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1314 Green Bay Rd. Sturgeon Bay, WI 54235

$1,731,000

For Sale

Details

  • StatusFor Sale
  • Price$1,731,000
  • Cap Rate8.25%
  • TenantsSQRL
  • Term Remaining19 Years
  • Lease TypeAbsolute NNN
  • Property TypeRetail
  • GLA2,111 SF
  • NOI$142,800

Property Description

Helios is pleased to offer the opportunity to acquire the fee simple interest of the SQRL Service Station/C-Store featuring a 20-year absolute NNN lease in Sturgeon Bay, WI.


The SQRL Service Station in Sturgeon Bay, WI features a 2,111 SF building situated on an oversized 9.10 AC lot with 4 MPDs (8 Fueling Pumps). The subject property is ideally positioned along Green Bay Rd (Hwy 42) which sees over 17,300+ VPD. There are several credit tenants nearby including Target, Walgreens, Sherwin Williams, Advance Auto Parts, McDonald’s, West Marine, and more. Within 5 miles there is over 12,828 residents with an average household income exceeding $77,000 annually. Sturgeon Bay is expected to grow by 8.5% over the next five years and has a lot of new housing projects underway with over 294 apartment and townhouses either recently completed or approved by the city.

Map

Contact

Portrait of Jason Gribin

Jason Gribin

Managing Partner

DRE 1819611

(310) 867-9311

Miles Elam portrait

Miles Elam

Senior Investment Advisor

DRE 02105134

(949) 374-1163

Request more information.