1699 Schofield AveSchofield, WI 54476

Property Details for 1699 Schofield Ave

Year built

1995

Lot size

5.28 AC

Property size (Sq ft)

41,221 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 41,221 square foot shopping center in Schofield, Wisconsin, presents a compelling value-add investment opportunity. Located on a busy intersection at 1699 Schofield Ave, 54476, this multi-tenant property boasts 26 units across four one-story buildings situated on a 5.28-acre lot (APN: 281-2808-182-1077). Currently 78% occupied, the center features a mix of established tenants including Charter Media, Little Caesar's, Haven Transport, and the DC Everest School District. There are 8,272 square feet of vacant, versatile suites available, offering significant upside potential. Built in 1995 with renovations completed between 2015 and 2020, the property benefits from a recently repaved parking lot (2021) and phased roof replacements (2015, 2016, 2021). The property enjoys excellent visibility thanks to a prominent monument sign. The asking price is $5,100,000, representing a 6.49% cap rate, with a pro forma cap rate exceeding 11% upon full occupancy. This is a rare opportunity to acquire a well-located, multi-tenant retail center with substantial growth potential in a thriving Wisconsin community.

Location Insight

City

Schofield

County

Marathon

State

Wisconsin

Latitude

44.9099

Longitude

-89.6036

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].