Historical Office Sale Listing - V.A. Clinic Wausau

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V.A. Clinic Wausau

515 S 32nd Ave, Wausau, WI 54401

N/A

11,340 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
11,340 SF
Property Type:
Office
Property Sub-type:
Medical Office
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
11.80%
No. Stories:
2
Building Class:
B
Tenancy:
Single
Lot Size:
1.23 AC
APN / Parcel ID:
291-2907-331-0988
Parking Ratio:
50 / 1,000 SF
Listing ID
18193722
Last Updated
125 days ago

Highlights

  • Medical Office - Single Tenant
  • Veterans Administration Clinic - GSA Lease
  • Prime Investment 9.5% CAP Rate
  • Near large medical campuses

Description

A prime investment property: Medical Office with a single-tenant. VA Clinic - GSA Lease, two yrs on current lease with 5, two yr renewable options. 2-story, 11,340 SF Facility. Rooms: 11-exam, 7-admin, 6-clinic councel, 2-conference, lab, reception and nursing. New Elevator. Parking for 50. Facility recently remodeled and updated. Tenant invested $400K in TI. Good 1031 exchange, 11.8% CAP Rate, All Financials & Leases available upon request.

Located near the large medical campuses of Aspirus Hospital and Marshfield Clinic in Wausau, WI. West on Stewart Ave to 32nd Ave, turn North on 32nd Ave, travel approximately one block, the property will be on east side of steet.

Map of 515 S 32nd Ave, Wausau, WI 54401 (Marathon County)

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