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
Documents
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.
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