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Elm Holdings 1 LLC Sells Retail Center In Wisconsin Rapids For $2.87 Million With Marcus & Millichap

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SOLD
$2,870,000

Wisconsin

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Retail
Sold 04/22/2025
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Property Image
SOLD

Elm Holdings 1 LLC Sells Retail Center In Wisconsin Rapids For $2.87 Million With Marcus & Millichap

4321 8th Street South & 4323 8th Street South

See Similar Deals
Retail
Sold 04/22/2025
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Summary

WISCONSIN
Asset Type:Retail
Transaction Type:Sale

A retail asset consisting of two buildings with six suites located at 4321 8th Street South and 4323 8th Street South in Wisconsin Rapids, WI has been sold. The transaction was completed at a total sale price of $2,870,000. The property occupies a total area of 1.6 acres and boasts 100% occupancy, positioned near a Walmart location.

Summary of transaction details:

The transaction was facilitated by Jeff R. Rowlett representing the seller, Elm Holdings 1 LLC, through Marcus & Millichap, while Jesse Schluter represented the buyer in the deal. The property was noted for its prime location and full occupancy at the time of sale.

Players

Jeff R. Rowlett
10 deals$37.3M volume
BROKER

Jesse Schluter
Wisconsin Commercial Real Estate
1 deal$2.9M volume(608) 669-2671
BROKER

Details

SOLD
IMAGE: 04/22/2025 ADDRESS: 4321 8th Street South & 4323 8th Street South MARKET: Wisconsin Rapids, WI ASSET TYPE: Retail ~ ACRES: 1.6 SELLER: Elm Holdings 1 LLC BUYER'S REP: Jesse Schluter - Wisconsin Commercial Real Estate SELLER'S REP: Jeff R. Rowlett - Marcus & Millichap SALE PRICE: $2,870,000 NOTE: Marcus & Millichap sold a two-building, six-suite retail center in Wisconsin Rapids, WI for $2.87 million, with 100% occupancy and a prime location near Walmart.

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

$153,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,196.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,605.26
Annual Debt Service$163,263.17