Property Address: 1420 Ogden Ave. Superior, WI 54880
Property Price: $1,200,000
Description: Currently leased by local Chevrolet dealer, this highly visible property is located on the corners of Ogden Avenue and Belknap St. Current lease runs another 3+ years with the tenant not having any rights to extend. Site is 2.1+ acres in size and the existing improvements are 23,350 sq. ft. The potential upside as a redevelopment site or renewed long-term lease with existing tenant makes this investment highly attractive. Currently offered at a very aggressive 10.8% capitalization rate.