Speak With Your Loan Expert Now

Call (800) 592-3136

Start Live Chat

Filter Options

MC Sports

-

LTV (Loan to Value) 0.00% Current NOI
Interest Rate 0.000% Cap Rate 0.000%
Fixed Term Years Land Area
Amortization Years Lease Type
Loan Amount Property Type
Payment Property Lease
Building Size Remaining Terms

Location Description

Kohler is a village in Sheboygan County, Wisconsin, and a part of the Sheboygan MSA. The area is approximately 55 miles north of Milwaukee and 65 miles southeast of Green Bay, along Lake Michigan. The population of Kohler itself includes 2,119 people, but the Sheboygan MSA consists of over 115,000 residents. There are over 25,000 people living within 5 miles of the subject site.

Highlights

Strong Co-Tenancy – The subject property is anchored by Target, Home Depot, and Best Buy and offers great interstate visibility to Interstate 43 (32,372 VPD). The neighboring Best Buy consistently wins performance awards over a number of other Best Buy's in the region.

Corporate Lease – MC Sports is based in Grand Rapids Michigan and focuses on serving the sporting goods needs in mid-sized markets throughout the Midwest. They have over 75 +/- locations.

Sheboygan, WI MSA – The city of Kohler is part of the Sheboygan MSA, consisting of 114,922 people. The subject property is at the first I-43 interchange entering Sheboygan from Milwaukee to the south.

Lease Extension – MC Sports extended its lease early, providing just over 6 full lease years remaining.

New Store Format – MC Sports is spending approximately $250,000 to upgrade this store to add hunting, fishing, and camping categories. Over 70% of the state's population purchases hunting and fishing licenses annually.

World Renowned Golfing – Near the American Golf Club Resort, including Blackwolf Run and Whistling Straits, both PGA Championship courses.

NNN Loans Funding

Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.