For Sale
$895,000

2512 Steffens Ct Bellevue, WI 54311

Fully Leased Retail Center, Excellent Location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a fully leased, multi-tenant shopping center located at 2512 Steffens Ct, Bellevue, WI 54311. The property boasts a total of 5,250 square feet situated on a 1.45-acre lot (Parcel # B-80-40), offering an attractive price per square foot of $170.48. The asking price is $895,000, representing a 7.30% cap rate. Currently operating at 100% occupancy, the center benefits from reputable, long-standing tenants. The building underwent renovations between 2019 and 2021. Key features include municipal sewer and water, a package HVAC system, and convenient access to I-43. Its prime location adjacent to Festival Foods and Menards ensures high visibility and foot traffic. Real estate taxes for 2022 totaled $13,074. This NNN-leased property presents a strong, stable income stream for discerning investors. The property is conveniently located in Brown County, Wisconsin.

Highlights

  • $895,000 asking price for this 5,250 square foot retail shopping center.
  • Located in Bellevue, WI, at 2512 Steffens Ct, this multi-tenant property boasts 100% occupancy.
  • The property features a 7.30% cap rate and a price per square foot of $170.48.
  • Situated on .63 - 1.45 acres, this NNN-leased center is adjacent to Festival Foods and Menards, offering excellent visibility and access.
  • The building underwent renovations between 2019 and 2021.

Property Details for 2512 Steffens Ct

Property type
Lifestyle centers, Power centers
Square Feet
5,250 SF
Lot Size (sq. ft)
27,443 SF

Location Insight

City
Bellevue
County
Brown
State
Wisconsin
Latitude
44.468503
Longitude
-87.9578699

FAQs

What type of property is this?
Lifestyle center - Fully Leased Retail Center, Excellent Location.
Where is the lifestyle center located?
The property is located at 2512 Steffens Ct Bellevue, WI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: $895,000 asking price for this 5,250 square foot retail shopping center.; Located in Bellevue, WI, at 2512 Steffens Ct, this multi-tenant property boasts 100% occupancy.; The property features a 7.30% cap rate and a price per square foot of $170.48.
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2512 Steffens Ct
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