7100 Stewart AveWausau, WI 54401

For Sale
$1,900,593

13,000 SF Office Building, 7.26% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a single-tenant, 13,000 square foot Class B office building located at 7100 Stewart Ave, Wausau, Wisconsin, 54401. The property, built in 1991, sits on a generous 5.04-acre lot and boasts a 100% occupancy rate with a gross lease in place for a remaining term of two years. The asking price is $1,900,593, representing a compelling price per square foot of $146.20 and a strong 7.26% capitalization rate. The building's Net Operating Income (NOI) currently stands at $162,684. This single-story structure offers a stable income stream with significant potential for future growth. The property's APN is 291-2907-312-0985. This is an ideal acquisition for investors seeking a well-located, fully occupied office building in a thriving Wisconsin market. The property's location in Marathon County provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a stable, high-performing asset with a proven track record. The current lease structure provides immediate cash flow, minimizing risk and maximizing return on investment. Don't miss this chance to add a valuable asset to your portfolio.

Highlights

  • $1,900,593 asking price.
  • 13,000 square foot Class B office building.
  • Gross lease, single tenant, 100% occupancy with 2 years remaining.
  • $146.20 price per square foot.
  • 7.26% cap rate, $162,684 NOI.
  • Located on a 5.04-acre lot at 7100 Stewart Ave, Wausau, WI 54401.

Property Details for 7100 Stewart Ave

Property type
Other office properties, Office buildings
Square Feet
13,000 SF
Class
B
Year Built
1991
Stories
1
Lot Size (sq. ft)
219,542 SF

Location Insight

City
Wausau
County
Marathon
State
Wisconsin
Latitude
44.955873
Longitude
-89.7243727
7100 Stewart Ave, Wausau, Wisconsin

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7100 Stewart Ave
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