Building Details:
BANK DIRECTED SALE | THE SHOPS OFF BROADWAY
:: INVESTMENT SUMMARY
On February 14th, 2013 CBRE Auction Services is pleased to present for auction, The Shops off Broadway, 1501 N. Broadway Street, Menomonie, WI. The±134,200 GSF retail center is currently 75.2% leased offering a new owner tremendous upside potential with current rental income as well as the opportunity to lease up.
:: INVESTMENT HIGHLIGHTS
Superior Location - Located at a lighted intersection just blocks from Interstate 94 and surrounded by other national retailers and restaurants
Estimated NOI is approximately $400,000
Value-Add – The property’s occupancy provides tremendous upside potential to the astute investor
Below Replacement Cost – The property will sell significantly below estimated replacements cost
Well lit parking lot with easy access
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