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Caribou Coffee "Cabin" Stevens Point, WI

$1,156,114

151 Division Street North, Stevens Point, WI 54481

Active
Last Updated: 11/17/2025

7

Cap Rate

80,922

NOI

Details:
Cap Rate:    7%
NOI:    $80,922
Lot Area:    0.3 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2022
Tenancy:    Single
Highlights:
  • New Drive-Thru Small Format “Cabin” Concept - This site is Caribou Coffee’s “Cabin” concept, featuring the new drive-up and walk-up only format.
  • 10-Year Lease - Caribou Coffee signed a 10 year lease commencing in August of 2022 and has 6.5 years of term remaining.
  • Primary Thoroughfare - Featuring many national retailers like McDonalds, Burger King, Festival Foods, Culver’s, Noodles and Company, Taco Bell, etc.
  • Dominant Regional Coffee Brand - Minnesota/Wisconsin has the highest concentration of Caribou locations nationally.
  • Property is Located Directly on US-51 - This location capitalizes on high traffic flow on US-51 with nearly 12,900 VPD by the subject property.
  • Nearby University of Wisconsin Stevens Point - Property is located two blocks north of University of Wisconsin Stevens Point with over 7,000 students.
Description:

This site is Caribou Coffee’s “Cabin” concept, featuring the new drive-up and walk-up only format. Caribou has aggressively expanded its store count with multiple new “Cabin” locations throughout the Midwest.

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Caribou_Stevens_Point__WI_-_OM.pdf
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