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Get In TouchSlumberland Anchored Multi-Tenant – Tomah, WI
1122 North Superior Avenue, Tomah, WI 54660, USA
Sands Investment Group is pleased to exclusively offer for sale the 50,900 SF Slumberland Anchored Multi-Tenant located at 1122 N Superior Avenue in Tomah, WI. The asset is positioned on a prime parcel with strong visibility along N Superior Avenue, featuring ample parking and easy access. The property boasts a diverse tenant mix of national and local service-oriented businesses, including long-term anchors like Slumberland and Domino’s. With high occupancy and stable income streams, this center serves as a key retail hub in the growing Tomah community.
- Strong Anchor Tenant: This center has been anchored by Slumberland, a 120-location furniture retailer with a new 10-year term lease, for over 20 years. Slumberland occupies over 64% of the GLA at just $2.55 PSF.
- Diverse Tenant Mix: Features a blend of national brands like Domino’s and local service providers such as Security Finance, Express Employment Professionals, and Tomah 2 Nails & Spa, providing recession-resistant income from essential services and retail.
- High Occupancy and Stable Cash Flow: Currently 91% occupied with Triple Net (NNN) leases that minimize landlord responsibilities; NOI of $162,432 supported by long-term tenants and renewal options.
- Prime Location in Growing Market: Situated along high-traffic N Superior Ave in Tomah, WI, near major highways (I-90 and I-94), with proximity to key employers, military bases (Fort McCoy), and attractions driving daily traffic.
- Value-Add Potential: Includes a 4,500 SF vacant space ready for leasing, offering upside through new occupancy to boost NOI.
- Attractive Pricing: Priced below $38 PSF, providing an excellent entry point for investors seeking yield in a stable Midwest retail market.
- Strategic Positioning Near Traffic Drivers: Close to national retailers such as O’Reilly Auto Parts, Ace Hardware, Tractor Supply, and Burger King, as well as Tomah Health and the VA Medical Center, enhancing customer draw.
In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker – Lic. #938545-91 BoR: Scott Reid – Lic. WI #58772-90
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
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