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Monarch Court 1659 N Spring St 11,840 SF 100% Leased Retail Building Beaver Dam, WI 53916 $1,670,000 ($141.05/SF)
Investment Highlights
- Fully Leased Multi-Tenant Office Building totaling 11,840 SF
- Surrounded by national retailers including Five Below, Marshalls, Ross and Dunham’s
- Multi-Tenant Income Stability
- Positioned immediately next to Heritage Village Mall, the city’s primary retail shopping center which draws consistent retail traffic
- Prime Location
Executive Summary
1659 N Spring Street in Beaver Dam, Wisconsin is a fully leased, two-story multi-tenant office building offering 11,840 square feet of gross leasable area across 10 suites on an approximately 0.91-acre site. Constructed in 2005 with durable masonry construction, the property features 45+ on-site parking spaces and a two-lane drive-thru (currently not in use). Offered for sale at an asking price of $1,670,000, the asset benefits from strong multi-tenant income stability and a prime location immediately adjacent to Heritage Village Mall, the city’s primary retail destination. The property is surrounded by high-profile national retailers including Five Below, Marshalls, Ross, and Dunham’s, providing consistent traffic and long-term demand drivers for office tenants.
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,840 SF
Building Class
B
Year Built
2005
Price
$1,670,000
Price Per SF
$141.05
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.91 AC
Zoning
Commercial
Parking
45 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
351’ on Spring St
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 206-1214-2733-005 | Improvements Assessment | $820,300 |
| Land Assessment | $220,600 | Total Assessment | $1,040,900 |
Property Taxes
Parcel Number
206-1214-2733-005
Land Assessment
$220,600
Improvements Assessment
$820,300
Total Assessment
$1,040,900
Contacts
-
Dan Rosenfeld -
Andrew Lund -
Tanner Rosen -
Mid-America Real Estate – Wisconsin, LLC
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Monarch Court | 1659 N Spring St
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