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Niets Investment Company Acquires Retail Property In Wausau For $2.48M With Marcus & Millichap

Property Image
SOLD
$2,475,893
Jeff R. Rowlett
Mark Peltin
Blake Hanlon

Wisconsin

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Retail5,000 SF
Sold 04/07/2026
the dealplayerscompscontact
Property Image
SOLD

Niets Investment Company Acquires Retail Property In Wausau For $2.48M With Marcus & Millichap

225407 Rib Mountain Drive

See Similar Deals
Retail5,000 SF
Sold 04/07/2026
Jeff R. Rowlett
Mark Peltin
Blake Hanlon
the dealplayerscompscontact
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Summary

WISCONSIN
Asset Type:Retail
Price Per Square Foot:$495
Total Square Footage:5,000 SF
Transaction Type:Sale

A retail property located at 225407 Rib Mountain Drive in Wausau, WI, was sold for $2,475,893. The asset encompasses a total of 5,000 square feet and was on a net lease to Chipotle, backed by a 15-year corporate-guaranteed lease.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,475,893
  • Square Footage: 5,000
  • Price Per Square Foot: $495
  • Buyer: Niets Investment Company
  • Closing Date: 04/07/2026
  • Market: Wausau, WI
  • Brokerage Firm: Marcus & Millichap
  • Brokers: Jeff R. Rowlett, Blake Hanlon & Mark Peltin

The transaction was facilitated by the brokerage firm Marcus & Millichap, highlighting the involvement of brokers Jeff R. Rowlett, Blake Hanlon, and Mark Peltin in securing the deal on behalf of Niets Investment Company.

Players

Jeff R. Rowlett
Marcus & Millichap
Jeff R. Rowlett
10 deals$37.3M volume
BROKER
Mark Peltin
Marcus & Millichap
Mark Peltin
6 deals$24.2M volume(262) 364-1929
BROKER
Blake Hanlon
Marcus & Millichap
Blake Hanlon
6 deals$24.2M volume(262) 364-1918
BROKER

Details

SOLD
IMAGE: 04/07/2026 ADDRESS: 225407 Rib Mountain Drive MARKET: Wausau, WI ASSET TYPE: Retail BUYER: Niets Investment Company BROKERS: Jeff R. Rowlett, Blake Hanlon & Mark Peltin - Marcus & Millichap SALE PRICE: $2,475,893 SF: 5,000 ~ PPSF: $495 NOTE: Marcus & Millichap brokered the $2.48M sale of a 5,000-square-foot, net-leased Chipotle in Wausau, WI, secured by a 15-year corporate-guaranteed lease.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$132,047.62

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,796.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,737.00
Annual Debt Service$140,843.95