Beloit, WI (April 14, 2021) – Bill Mears of Coldwell Banker Commercial McGuire Mears & Associates has negotiated the sale of a 0.72-acre lot next to the Holiday Inn Express & Suites, representing the seller in the $376,000 transaction. The 124-room hotel, built in 2019, and its surrounding lots comprise the redevelopment of the former Wickes lumber yard.
The buyer plans to construct a freestanding Popeye’s restaurant with a double drive-thru within the next year. This will be the second Popeye’s in Rock County.
“This lot is in a great location next to the new hotel — it’s right off the exit there and can be seen easily by people driving on the interstate. We were excited to put these lots on the market while the hotel was being constructed, and we think this is going to turn out to be a really great little development,” said Mears, who has the remaining acreage listed for sale.
About Coldwell Banker Commercial McGuire Mears & Associates
Coldwell Banker Commercial McGuire Mears & Associates is a premier provider of commercial real estate services in southern Wisconsin and northern Illinois. We have a history of setting industry standards for customer service excellence. Our associates’ knowledge of the local marketplace is a valuable resource for businesses large and small. With more than $350 million in combined real estate transactions, we consistently help clients discover commercial real estate opportunities and deliver a range of services designed to add value to every business.
About Coldwell Banker Commercial Affiliates
Coldwell Banker Commercial® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. Since 1906, the Coldwell Banker Commercial brand has been a premier provider of real estate, recognized globally as a company that puts the client first while delivering individual, distinctly different service. Coldwell Banker Commercial affiliates cover territory throughout North America, South America, Europe, Africa, Asia and Australia. Coldwell Banker Commercial is an industry leader in providing commercial real estate solutions that serve the needs of tenants, landlords, sellers and buyers in the leasing, acquisition, disposition, and management of all property types. Each office is independently owned and operated. For more information, visit: www.cbcworldwide.com.