Slumberland & Dollar Tree | Hayward, WI

15734 Us Hwy 63, Hayward, WI

$3,960,361

Price

7.75%

Cap Rate

$306,928

NOI

Overview
Cap Rate
7.75%
NOI
$306,928
Building Size
29,066 sqft
Lot Area
2.05 acres
Occupancy
100%
Units
2
Year Built
1980
Description

Brisky Net Lease is pleased to offer this Slumberland Furniture anchored and owned two-tenant retail building in Hayward, WI. Hayward is an affluent and popular vacation destination in Northwest Wisconsin. Appreciate a wonderfully stable opportunity with Slumberland and Dollar Tree as fitting co-tenants. A busy retail corridor makes the real estate here top-notch, as well as low rents and excellent sales history.

Hayward is located in northwestern Wisconsin about 2.5 hours northeast of the Twin Cities and 1.5 hours southeast of Duluth, MN. The Hayward Lakes area is a popular vacation destination with a large second-home population. The area is favored by outdoor enthusiasts of all types, due to its many lakes and trails for ATVs, snowmobiles, and cross-country skiing.

Slumberland Furniture was founded in 1967 by Ken Larson. Since its inception, Slumberland has grown to 125+ stores in 13 states. It is comprised of approx. 50 corporate stores and 75 franchised locations.

In Cooperation and Conjunction with: Bang Realty-Wisconsin | Brian Brockman WI #58914-90

Need Description

Highlights
  • Located in a Great Vacation Market with Valuable Underlying Real Estate
  • High Profile Location Along a Main Thoroughfare
  • Ample Parking, Great Signage and Traffic Counts
  • Limited Landlord Responsibilities
  • Large Second Home Market
Documents

Location
Gallery