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432 Bauer Parkway,  Delavan,  WI  53115-2053 $1,400,000 Sold
432 Bauer Parkway,  Delavan,  WI  53115-2053
$1,400,000
Sold
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 Property Type Business/Commercial
 Parcel # XAY00002
 County Walworth
 Sub Area S04
 Municipality Delavan
 MLS# 1960486
 Listing Date 07/24/2023
 Sold Price $1,400,000
 Close Date 09/20/2023 12:00 AM

MLS Public Remarks  Key Commercial Real Estate is pleased to present the sale of the Napa Auto Parts store located at 432 Bauer Parkway in Delavan, Wisconsin. The 6,120 square foot store on a 40,233 square foot lot has successfully operated since 2008 and has a prime location o? Delavan's main business corridor with easy access to Interstate 43 connecting to Milwaukee. This passive investment opportunity includes an absolute net lease with 13 years remaining on the term and four options to renew for five years each.
Documents and Related Links  
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Delavan
  • C/T/V  City
  • Unit #  
  • Directions  Https://Goo.gl/Maps/13hgq3szngcup8x87
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  6,120
  • Net Leasable SqFt  6,120
  • Year Built  2007
  • Source for Year Built  PubR
  • Approx Bldg Dimen  60x100
  • Street Frontage  160
  • Parking Fees/Mo.  $0
  • Onsite Parking  24
  • # of Stories  1
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  BL
  • Est. Total Acres  0.92
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $203,000
  • Assessment Year  2022
  • Net Taxes  $17,595
  • Tax Year  2022
  • Improvements  $593,000
  • Total Assessment  $796,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $96,300
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 NNN 06/30/2036 0 $90,000 $0 $0 6,120
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Other
  • Water/Waste  Municipal water
  • Basement  Slab/None
  • Fuel  N/A
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Automotive, Retail
  • Exterior Treatment  Brick, Stucco
  • Building Parking  21-35 spaces
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Free standing
  • Tenant Pays  All expenses
  • Present Use  Automotive
  • Licenses  
  • Lease Type  Triple net
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Key Commercial Real Estate, Llc