(Northbrook, IL – August 10, 2017) – (RealEstateRama) — The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Goodwill property located at 1715 Wisconsin Avenue in Grafton, Wisconsin for $3,074,400.
The 21,400 square foot property is located on Wisconsin Avenue at a hard corner. Wisconsin Avenue is a primary north-south thoroughfare in the area. The property benefits from its position within a strong retail corridor that features Shopko, Pick ‘n Save (Kroger), Walgreens, Ace Hardware, O’Reilly Auto Parts, NAPA Auto Parts and a number of quick service restaurants.
Goodwill has 10 years remaining on their lease which expires August 31, 2027. The lease features a rental escalation in the primary term and in each of the three 5-year renewal option periods. The Goodwill property includes a drive-thru donation center and quality signage located prominently on Wisconsin Avenue. Goodwill is a nonprofit organization that provides job training, employment placement services, and other community-based programs for seniors, veterans, and people with disabilities, criminal backgrounds and other specialized needs.