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2158 Prairie Ave. Beloit, WI 53511

$2,323,062

For Sale

Details

  • StatusFor Sale
  • Price$2,323,062
  • Cap Rate7.25%
  • TenantsSQRL
  • Term Remaining20 Years
  • Lease TypeAbsolute NNN
  • Property TypeRetail
  • Lot Size0.31 Acres
  • GLA2,137 SF
  • NOI$168,422

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 Beloit, WI.


The SQRL Service Station in Beloit, WI features a 2,138 SF building situated on 0.31 AC corner lot with 3 MPDs (6 Fueling Pumps) under two separate canopies at the signalized intersection of Prairie Ave and Cranston Rd which sees over 23,473+ VPD. The subject property benefits from being across the street from multiple national tenants including CVS, Dollar General, Advance Auto Parts, and AutoZone. Within 5 miles of this property there is over 58,429 residents with an average household income exceeding $69,000 annually. The new $405M development of Ho-Chunk Casino is currently underway approximately 3 miles South of the subject property at the SEC of Willowbrook Rd and E Colley Rd. The casino is expected to be complete in 2024 machines and is expected to bring hundreds of new jobs and a lot of tourism to the area.

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.