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2234 Prairie Ave
Beloit, WI 53511

$880,000 USD

Freestanding For Sale  •  7,749 SF

Property Details

• Property Type Freestanding
• Total Building Size 7,749 SF
• Lot Size 1.03 AC
• Building Class C
• Year Built 1976
• Cap Rate 6.00 %
• Tenancy Single
• Zoning C1

0 Transit Score

57 Walk Score

Highlights

AutoZone has successfully operated at this location since 1998, and in 2023 the tenant extended the lease early for an additional 10 years with rental

Most new AutoZones have rents between $60,000 and $80,000 while the older fee simple deals have rents $100,000.

The subject property is surrounded by national tenants including Walmart, Starbucks, Culver’s, Buffalo Wild Wings, Piggly Wiggly, Walgreens, and Cric

A new development will soon break ground on a $405 million casino in the fall.

AutoZone’s Net Sales have grown by an astounding 37% since 2019, closing 2022 at $16.25 Billion

Cap Rate:

6.00 %

Public Transportation

Airport	Drive	Walk	Distance
Chicago/Rockford International	47 min	-	34.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes