Agree Central LLC Purchases Retail Building Leased To Best Buy From BB Geneva LLC For $4.9M
700 Edwards Boulevard
$4,900,000
$162/SF
Building Size
30,162 SF
Asset Type
Retail
Closing
Jan 29, 2026
AI
A retail building located at 700 Edwards Boulevard in Lake Geneva, WI, was sold for $4,900,000. The asset occupies 30,162 square feet and has a price per square foot of $162. The property is leased to Best Buy and is shadow anchored by Target.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,900,000
- Address: 700 Edwards Boulevard
- Market: Lake Geneva, WI
- Square Footage: 30,162
- Price Per Square Foot: $162
- Buyer: Agree Central LLC
- Seller: BB Geneva LLC
- Broker: Eric Wagner - Marcus & Millichap
Jeff Rowlett and Eric Wagner represented the seller, BB Geneva LLC, in this transaction and successfully secured the buyer, Agree Central LLC.
Players
Lake Geneva Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93