2158 Prairie Ave. Beloit, WI 53511
$2,323,062
For Sale
![SQRL front left](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-1.jpg)
![SQRL store](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-3.jpg)
![SQRL](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-5.jpg)
![](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-2.jpg)
![](https://www.helioscre.com/wp-content/uploads/2023/08/Beloit-map.jpg)
![SQRL front left](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-1.jpg)
![SQRL store](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-3-150x150.jpg)
![SQRL](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-5-150x150.jpg)
![](https://www.helioscre.com/wp-content/uploads/2023/08/sheboygan-2-150x150.jpg)
![](https://www.helioscre.com/wp-content/uploads/2023/08/Beloit-map-150x150.jpg)
Details
- StatusFor Sale
- Price$2,323,062
- Cap Rate7.25%
- TenantsSQRL
- Term Remaining20 Years
- Lease TypeAbsolute NNN
- Property TypeRetail
- Lot Size0.31 Acres
- GLA2,137 SF
- NOI$168,422
Documents
Property Description
Helios is pleased to offer the opportunity to acquire the fee simple interest of the SQRL Service Station/C-Store featuring a 20-year absolute NNN lease in Beloit, WI.
The SQRL Service Station in Beloit, WI features a 2,138 SF building situated on 0.31 AC corner lot with 3 MPDs (6 Fueling Pumps) under two separate canopies at the signalized intersection of Prairie Ave and Cranston Rd which sees over 23,473+ VPD. The subject property benefits from being across the street from multiple national tenants including CVS, Dollar General, Advance Auto Parts, and AutoZone. Within 5 miles of this property there is over 58,429 residents with an average household income exceeding $69,000 annually. The new $405M development of Ho-Chunk Casino is currently underway approximately 3 miles South of the subject property at the SEC of Willowbrook Rd and E Colley Rd. The casino is expected to be complete in 2024 machines and is expected to bring hundreds of new jobs and a lot of tourism to the area.
Map
Contact
![Portrait of Jason Gribin](https://www.helioscre.com/wp-content/uploads/2023/08/jason-gribin@2x.jpg)
![Miles Elam portrait](https://www.helioscre.com/wp-content/uploads/2023/08/miles-elam.jpeg)
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