Barr & Bennett

1-760-929-9700
PROPERTIES FOR SALE
Your Net Lease Investment Experts
  • Home
  • About Us
    • Our Team
    • Expertise & Services
    • The Lee & Associates Platform
    • Affiliations & Community
  • Properties for Sale
  • Completed Sales
  • Sell Your Property
  • NEWS
    • Press Releases
    • Blog
  • CONTACT
Hometown Shoppes
Verona, WI (Madison MSA)
Price: $2,660,000Cap Rate: Building SF: 8,620 SFLot Size: 1.004 AcresYear Built: 2014Status:
Download Brochure
Back to Listings
We cannot display this gallery

Investment Highlights:

Stabilized 100% Occupied Strip Center with Corporate Guarantees – The property consists of 80% national tenants with staggered lease expirations, offering stabilized cash flow with no immediate near term tenant roll-over. All leases feature Corporate as well as personal guarantees.

Excellent Rent Growth -The leases feature strong rental increases ranging from 2%-2.5% annually, providing a hedge against inflation.

Major Retail Corridor – The site is shadow anchored by Blain’s Farm & Fleet, a specialty discount store with 36 locations throughout Wisconsin, Illinois and Iowa. Other neighbors include McDonald’s, DQ, Taco Bell, Culver’s, Cost Cutters, Walgreens, Ace Hardware, Heartland Credit Union, Subway, Anchor Bank, and more.

Growing Area – Home of Epic Systems -Verona’s population has nearly tripled in the past 15 years, making it one of Wisconsin’s fastest growing communities. It has been the home of Epic Systems, the dominant electronic health records software company in the U.S., since the mid-2000s when Epic moved from nearby Madison to build its campus headquarters on 340 acres within the city’s limits.

Excellent Demographics – Verona’s unemployment rate is at 3.80%, with future job growth over the next 10 years predicted to be 38.60%.  The average household income is over $90,000 within a 3-mile radius of the property.

Ryan Barr

rbarr@lee-associates.com
O. 760.448.2446
F. 760.929.9977

Ryan Bennett

rbennett@lee-associates.com
O. 760.448.2449
F. 760.929.9977

Newsletter sign up
Be the First to See Our New Investment Properties


View Now

View Now
Get exclusive access to our net lease commercial listings.

Letter of Intent (LOI)

Non-binding document outlining the general terms and conditions for buying a property from Barr & Bennett Net Leased Investments

Sell Your Property

Ryan Barr & Ryan Bennett | Barr & Bennett Net Leased Investments
1900 Wright Place, Suite 200 Carlsbad, CA 92008 | P: 760-929-9700 | F: 760-929-9977

Copyright © 2021 Barr & Bennett Net Leased Investments. All rights reserved. Terms of Use | Privacy Policy

Developed by TinyFrog