For Sale
$589,000

15779 Us-63 Hayward, WI 54843

High-yield retail investment opportunity.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a 3,824 square foot retail building situated on a 0.42-acre lot in Hayward, Wisconsin. The property boasts a 9% cap rate and is currently 100% occupied by a NAPA Auto Parts store, a corporate-owned tenant with a strong 30+ year history at this location and a new 5-year lease with three, 5-year renewal options. The building, constructed in 1980, is a single-story structure with ample parking (1,000 spaces per 1,000 sq ft). The property is strategically located on a hard corner of US Highway 63, ensuring high visibility and accessibility. A secondary tenant, R3 Racing, occupies a portion of the building, further diversifying the income stream. The property's Assessed Property Number (APN) is 236-941-22-3422. This is a net lease, minimizing landlord responsibilities and maximizing return on investment. The asking price for this prime retail investment is $589,000. This property offers a rare combination of strong tenant occupancy, a desirable location, and a high-yielding cap rate, making it an ideal addition to any investment portfolio. The property is located at 15779 US-63, Hayward, WI 54843.

Highlights

  • Triple-net lease with minimal landlord responsibilities.
  • High-visibility corner location on US Highway 63.
  • Established NAPA Auto Parts tenant with 30+ years of occupancy.

Property Details for 15779 Us-63

Property type
Retail properties, Retail space
Square Feet
3,824 SF
Year Built
1980
Stories
1
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Hayward
County
Sawyer
State
Wisconsin
Latitude
46.0142772
Longitude
-91.481947

FAQs

What type of property is this?
Retail property - High-yield retail investment opportunity.
Where is the retail property located?
The property is located at 15779 Us-63 Hayward, WI.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Triple-net lease with minimal landlord responsibilities.; High-visibility corner location on US Highway 63.; Established NAPA Auto Parts tenant with 30+ years of occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
15779 Us-63
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message