SOLDRetail
Niets Investment Company Acquires Retail Property With Tenants Papa Murphy’s Pizza And Heartland Dental For $1.2M
1813 Park Road & 1819 Park Road
$1,200,000
$118/SF
Building Size
10,108 SF
Asset Type
Retail
Closing
Aug 25, 2025
AI
A retail property located at 1813-1819 Park Avenue in Plover, WI, has been sold for $1,200,000. The asset encompasses a total square footage of 5,054 and is valued at approximately $237 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,200,000
- Square Footage: 5,054
- Price Per Square Foot: $237
- Buyer: Niets Investment Company
- Seller: VP Plover, LLC
- Location: 1813-1819 Park Avenue, Plover, WI
- Tenants: Papa Murphy’s Pizza and Heartland Dental
- Brokers: Mark Peltin, Blake Hanlon & Jeff R. Rowlett - Marcus & Millichap
Players
Plover Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93