Hastings Properties LLC Acquires Northpoint Shopping Center In Stevens Point For $8.15M
200 Division Street
$8,150,000
$129/SF
Building Size
62,956 SF
Asset Type
Retail
Closing
May 29, 2026
AI
The property sold is a retail asset located at 200 Division Street in Stevens Point, WI, comprising 4.21 acres and featuring a total square footage of 62,956. The sale was completed for a transaction amount of $8,150,000, translating to a price per square foot of $129.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,150,000
- Address: 200 Division Street
- Market: Stevens Point, WI
- Square Footage: 62,956
- Price per Square Foot: $129
- Buyer: Hastings Properties LLC
- Broker: Daniel Bowar - Marcus & Millichap
Daniel Bowar from Marcus & Millichap facilitated the transaction, which involved the sale of Northpoint Shopping Center, a fully leased retail strip comprising 11 suites.
Players
Stevens Point 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
1.95%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93