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Holzhauer&Hewett Professional Bldg 2090-2108 Continental Dr 11,696 SF 100% Leased Office Building West Bend, WI 53095 $3,450,000 ($294.97/SF) 6.33% Cap Rate
Investment Highlights
- Established Healthcare Tenancy
- Specialized Medical Buildout
- Affluent Washington County Demographics
- Strategic West Bend Location
- Diversified Income Stream
- Medical Office Demand With Releasing Flexibility
Executive Summary
Mid-America Real Estate - WI, LLC is pleased to present an investment opportunity comprising of a three-tenant medical professional building located in West Bend, Wisconsin.
This property consists of three highly reputed longstanding tenants; Holzhauer & Hewitt, S.C., Premier Endodontics and Dermatology & Cosmetic Physicians, S.C. with a Weighted Average Lease Term of 5.61 years.
The property is professionally managed and generates in excess of $228,000 in net operating income.
This property consists of three highly reputed longstanding tenants; Holzhauer & Hewitt, S.C., Premier Endodontics and Dermatology & Cosmetic Physicians, S.C. with a Weighted Average Lease Term of 5.61 years.
The property is professionally managed and generates in excess of $228,000 in net operating income.
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Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
11,696 SF
Building Class
A
Year Built/Renovated
2006/2025
Price
$3,450,000
Price Per SF
$294.97
Cap Rate
6.33%
NOI
$218,319
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,696 SF
Building FAR
0.13
Lot Size
2.00 AC
Zoning
M-3 - Planned Business Park District
Parking
63 Spaces (5.39 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1119-262-0034 | Improvements Assessment | $2,002,200 |
| Land Assessment | $1,045,400 | Total Assessment | $3,047,600 |
Property Taxes
Parcel Number
1119-262-0034
Land Assessment
$1,045,400
Improvements Assessment
$2,002,200
Total Assessment
$3,047,600
Contacts
-
Dan Rosenfeld -
Tanner Rosen -
Andrew Lund -
Mid-America Real Estate – Wisconsin, LLC
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Holzhauer&Hewett Professional Bldg | 2090-2108 Continental Dr
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