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Peggy Acker-Farber

peggy@ackerfarberteam.com +1(608) 575-4600

$1,349,900

Est. payment - /mo

11,000 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail,Office(s),Restaurant/Supper Club,Tavern/Bar,Recreation/Health Club,Shopping Center,Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $122

MLS Listing ID 1995986

Year Built 2025

Annual Tax Amount $10,833

Tax Year 2025

Lot Size 2.410 Acres

Acres 2.41

Property Sub-Type Retail,Office(s),Restaurant/Supper Club,Tavern/Bar,Recreation/Health Club,Shopping Center,Other

Property Description

SAND VALLEY BOGO - TWO NEW COMMERCIAL BUILDINGS! Stabilized pro-forma NOI of approximately $128,300, offering a projected 9.51% cap rate at the current asking price, based on $173,200 in potential annual base rent & CAM reimbursements, 5% stabilized vacancy & estimated operating expenses of 22%. The 5,500 SF Sands West building is fully leased at $72,000 annually. Sands East has signed LOIs covering 3,300 SF, generating approximately $58,300 annually before rent abatements, w/ an additional 2,200 SF available for lease at a projected $42,900 annually, including CAM. Two modern commercial buildings total 11,000 SF on 2.41 acres along a high-traffic corridor near Kwik Trip, Sand Valley Golf Resort, & area lakes. Features include flexible unit configurations, private-bath infrastructure, large windows, modern design, paved parking, shared outdoor space, & infrastructure for a future third building. Opportunity for investor seeking current income with lease-up & expansion potential.

Location

State WI

County Adams

Zoning B-1 Comm

Rooms

Basement None, None / Slab

Interior

Heating Natural Gas, Electric

Cooling Forced Air, Central Air, Zoned Heating

Inclusions All units include builder grade framing & finishing, private bath, and a paved parking lot. Sand West (5500/sf Total) building fully rented. Sands East (5500/sf Total) building has 3300/sf rented w/ an additional 2200 available square feet to rent.

Exterior

Utilities Available High Speed Internet Available

Roof Type Metal

Building

Dwelling Type Free Standing

Story 1

Sewer Well

New Construction N

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Listed by Realty Executives Cooper Spransy

NEARBY SCHOOL & BUSINESS

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Peggy Acker-Farber

+1(608) 575-4600

Broker Associate License ID: 43254-90

1144 County Road D Nekoosa, WI 54457

Peggy Acker-Farber

Key Details

Location

Rooms

Interior

Exterior

Building

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION