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
About this deal
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.
On the Map
$4,900,000
$162/SF
Retail
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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