2111 3rd St - Eau Claire | $499,999
Property Details
Property Type: Retail (Storefront, Convenience Store)
Lease Type: NNN (Absolute Triple Net)
Tenancy: Single
Lease Term: 3 years remaining
Square Footage: 2,276 sq ft
Cap Rate: 9.60%
NOI: $48,000
Year Built: 1958
Lot Size: 0.28 acres
Sale Condition: 1031 exchange
Marketing Description:
Discover an outstanding investment property located in the rapidly growing area of Eau Claire, WI. This space is situated in a high-traffic area with new homes and apartments being built within a 1-mile radius. The property features an absolute NNN lease, ensuring a stable and hassle-free investment. With a single tenant and a lease term extending until January 2028, this property promises consistent returns. Don’t miss out on this excellent opportunity to invest in a thriving community!
Investment Highlights:
High traffic area
Absolute NNN lease
Long-term tenant through January 2028