no images were found
Stabilized 100% Occupied Strip Center with Corporate NNN Leases – The anchor tenant, O’Reilly Auto Parts (S&P: BBB-) is currently on a long-term NNN lease (13+ years remaining). Leases for the other two tenants, Cost Cutters and World Finance Corp., are also corporate guaranteed.
Excellent Rent Growth -The O’Reilly lease features 7.5% rental increases every 5 years and the remaining tenants have annual escalations ranging from 1.5%-3%.
Attractive New Construction with Excellent Access & Visibility -The subject property offers attractive new concrete block construction (2014) and offers frontage and both left & right turn access via Highway 12/Route 60 (20,000 cars per day).
Strong Retail Corridor -The site is located along Sauk City’s main retail corridor, with nearby neighbors including Piggly Wiggly, Culver’s, McDonald’s, Subway, Ballweg Chevrolet-Ford-Chrysler, Sauk Prairie Community Bank, Walgreens, Family Dollar, and more.
Growing Area – Highway 12 was newly expanded in 2013/2014 to four lanes to accommodate higher traffic volume and to improve the transportation corridor to nearby Madison.