Fleet Farm

Retail: Big Box

1516 E Geneva St, DelavanWI 53115

Property Details

Location

Address
1516 E Geneva St, DelavanWI 53115
County
Walworth
Submarket
WI - Walworth

Building Size

Building Size
258,000 SF

Building Details

Type
 Retail: Big Box
Number of Buildings
1
Occupancy Type
Single Tenant
Number of Tenants
1
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Elevators
Not present
Year Built
2018
Sprinklers
Primary Const.
Masonry
Parking Ratio
Air Conditioned
Yes

Land & Utilities

Land (Acres)
27.34 Acres
Land (SF)
1,190,930 SF
Electricity
Yes
Sanitary Sewer
Yes
Water
Yes
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Fleet Farm

224,045 SF$42,451,015
Cap Rate: 6.5%

This Fleet Farm is a Triple-Net Lease property with 18 years remaining on the lease and rent increases annually, lesser of 2% or 1.25x CPI.

Fleet Farm operates 45 stores in 5 states selling a wide variety of goods from sports and outdoor equipment and licenses, small appliances, housewares, automotive goods, apparel, hardware, lawn and garden supplies, paint, pet supplies, sporting goods, tools, and farm supplies. Most locations also have a tire center, convenience store, and car wash including this location.

Fleet Farm has freeway visibility from Interstate 43 with over 22,700 vehicles per day and located off on Geneva Street with over 21,000 vehicles per day.

Well located near: Walmart, Lowe’s, Kohl’s, ALDI Foods, Walgreens Pharmacy, McDonalds, Starbucks Coffee, Taco Bell and many more. Meijer has purchased 27 acres next to Fleet Farm.

Vacation Destination includes Lakes Geneva, Delavan, and Como, is the 6th largest draw for tourism in Wisconsin generating over $580 Million in 2019.

The Lake Lawn Resort located just North of Fleet Farm is currently proposing the Harbor Club which will consist of 141 homes; 61 single-family and 40 duplex units.

Delavan is a city in Walworth County, Wisconsin located 45 miles southwest of Milwaukee and 90 miles northwest of Chicago. Delavan is home to Delavan Lake and approximately 10 miles from Geneva Lake and Como Lake making it a sought after vacation destination.

This Fleet Farm is a Triple-Net Lease property with 18 years remaining on the lease and rent increases annually, lesser of 2% or 1.25x CPI.

Fleet Farm operates 45 stores in 5 states selling a wide variety of goods from sports and outdoor equipment and licenses, small appliances, housewares, automotive goods, apparel, hardware, lawn and garden supplies, paint, pet supplies, sporting goods, tools, and farm supplies. Most locations also have a tire center, convenience store, and car wash including this location.

Fleet Farm has freeway visibility from Interstate 43 with over 22,700 vehicles per day and located off on Geneva Street with over 21,000 vehicles per day.

Well located near: Walmart, Lowe’s, Kohl’s, ALDI Foods, Walgreens Pharmacy, McDonalds, Starbucks Coffee, Taco Bell and many more. Meijer has purchased 27 acres next to Fleet Farm.

Vacation Destination includes Lakes Geneva, Delavan, and Como, is the 6th largest draw for tourism in Wisconsin generating over $580 Million in 2019.

The Lake Lawn Resort located just North of Fleet Farm is currently proposing the Harbor Club which will consist of 141 homes; 61 single-family and 40 duplex units.

Delavan is a city in Walworth County, Wisconsin located 45 miles southwest of Milwaukee and 90 miles northwest of Chicago. Delavan is home to Delavan Lake and approximately 10 miles from Geneva Lake and Como Lake making it a sought after vacation destination.

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