investment opportunity 502 s. main...
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Brokerage | Development | Property Management
INVESTMENT OPPORTUNITY
502 S. Main St
Rice Lake, WI 54868
The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is
made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.
Sale: $5,078,000 (5.75% Cap)
Building Size: 14,820 SF
Year Built: 2008
NOI: $292,000
Lease Term: 25 years (Ends 9/30/2033)
BUILDING FEATURES:
Stuart Schaefer
President
715.832.8707
ABOUT 502 S MAIN ST:
3506 Oakwood Mall Dr Ste B
Eau Claire, WI 54701
715.832.8707
www.commonwealdc.com
Excellent investment opportunity in Rice Lake, WI!
Built in 2008, this site includes a 14,820 SF building
at a busy downtown intersection. Walgreens is cur-
rently operating with 16 years remaining on their
original lease term that goes through September
2033. Nearby retailers include Marketplace Foods,
Jimmy Johns, Dominos and OneMain Financial.
Check out this great investment opportunity today!
Brokerage | Development | Property Management
INVESTMENT OPPORTUNITY
502 S. Main St
Rice Lake, WI 54868
The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is
made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.
Stuart Schaefer
President
715.832.8707
3506 Oakwood Mall Dr Ste B
Eau Claire, WI 54701
715.832.8707
www.commonwealdc.com
DEMOGRAPHICS 3 Mile 5 Mile 10 Mile
Population: 11,301 13,314 25,467
Average HH Income: $53,876 $56,596 $57,844
Median HH Income: $38,875 $41,304 $43,826
TRAFFIC
W. Allen Street 5,700 VPD
S. Main St 13,800 VPD
Google Maps, 2017
ESRI, 2016-2017
WI DOT, 2016
Brokerage | Development | Property Management
INVESTMENT OPPORTUNITY
502 S. Main St
Rice Lake, WI 54868
The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is
made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.
Stuart Schaefer
President
715.832.8707
3506 Oakwood Mall Dr Ste B
Eau Claire, WI 54701
715.832.8707
www.commonwealdc.com
Brokerage | Development | Property Management
INVESTMENT OPPORTUNITY
502 S. Main St
Rice Lake, WI 54868
The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is
made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.