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101 Hill StThorp, WI 54771

BP/McDonald's - High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional owner-user opportunity features a thriving BP gas station and a high-performing McDonald's co-tenancy, situated on a 71.72-acre lot at 101 W Hill St, Thorp, WI 54771. The 5,742 square foot, single-story building, constructed in 1977 and renovated in 2019 and 2024, boasts a C-Commercial zoning classification. The property benefits from a strategic location along Highway 29, a major east-west corridor, and proximity to a highway interchange. The BP station recently underwent a $100,000 rebranding, and enjoys a long-term sales history. McDonald's also demonstrates strong performance in this location. Additional income potential exists through an attached car wash (requiring upgrades). The property includes approximately 30 surface parking spaces. The current convenience store operator is on a month-to-month lease, but the owner will consider long-term leases with qualified operators. The property's annual net operating income (NOI) is $960,000, encompassing both the BP/convenience store and McDonald's rental income. The area has experienced a 9% population increase since 2010, further supporting the property's strong investment potential. The property is conveniently located within a half-hour of Highway 53 and the Chippewa Valley Regional Airport. APN: 286-0891.000, 286-0891.001.

Highlights

  • BP recently invested $100,000 in a gas station/convenience store rebranding.
  • Gas station boasts a proven long-term sales history (details available upon request).
  • High-performing McDonald's co-tenancy (sales figures available upon request).
  • Strategic Highway 29 location, a major east-west corridor with a highway interchange.
  • Attached car wash offers additional income potential after upgrades.
  • Located within 30 minutes of Highway 53 and Chippewa Valley Regional Airport.

Property Details for 101 Hill St

Property type
Retail properties, Grocery and convenience stores
Square Feet
5,742 SF
Class
C
Year Built/Renovated
1977/2019
Buildings
1
Stories
1
Lot Size (sq. ft)
3,124,123 SF

Location Insight

City
Thorp
County
Clark
State
Wisconsin
Latitude
44.9535054
Longitude
-90.80098
101 Hill St, Thorp, Wisconsin

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101 Hill St
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