2025 Marinette Ave Marinette, WI 54143

This exceptional 10,000 square foot retail center, located at 2025 Marinette Ave, Marinette, WI 54143, presents a compelling investment opportunity. Built in 2012, this stabilized property boasts a strong tenant mix, including a Sherwin-Williams (NYSE: SHW) anchor tenant. The center features three units with a total of 10,000 square feet, currently operating at 100% occupancy under net leases, minimizing landlord responsibilities as taxes, insurance, and CAM are reimbursed. The property enjoys a 7.00% cap rate and a Net Operating Income (NOI) of $141,582. Edward Jones recently signed a 10-year lease in 2023, incorporating 3% annual rental increases. Los Tres Magueyes also holds a 10-year lease, featuring a 10% rental increase in year six and additional options. Significant capital improvements have been made to update the space. Situated on a 0.9-acre lot, the center benefits from high visibility along Marinette Ave/Hwy 41, experiencing over 17,500 vehicles per day. The property's strategic location serves a substantial market, with over 28,000 people residing within a 5-mile radius and an average household income exceeding $65,000. The asking price is $2,023,000, translating to $202.30 per square foot. This is a rare opportunity to acquire a high-quality, stabilized retail investment in a thriving Wisconsin market.