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525 E Division St
Fond Du Lac, WI 54935
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Great Location
- Versatile Layout
- Plenty of Parking
EXECUTIVE SUMMARY
Excellent Investment Opportunity! This 10,811 Sq Ft Medical Office w/ Basement is currently Fully Occupied w/ 5 Tenants (4 w/ Long Term Leases) and is in a great location across the street from the currently expanding SSM Health Center. It features a large parking lot and separately metered gas & electric. It has been well maintained and has modern updates in some spaces. This investment offers a fantastic cap rate over 10% which is difficult to find. Ste 5 (2050 Sq Ft) will be vacant by May 1st giving you the opportunity to own and occupy if you need space for your own business. Call now for more details or to take advantage of this great investment in a growing area!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
10,811 SF
Building Class
A
Year Built/Renovated
1967/2024
Price
$599,900
Price Per SF
$55.49
Cap Rate
10.50%
NOI
$62,990
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,811 SF
Building FAR
0.28
Lot Size
0.88 AC
Zoning
O - Office District
Parking
50 Spaces (4.62 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | FDL-15-17-11-43-501-00 | Improvements Assessment | $239,900 |
| Land Assessment | $125,100 | Total Assessment | $365,000 |
PROPERTY TAXES
Parcel Number
FDL-15-17-11-43-501-00
Land Assessment
$125,100
Improvements Assessment
$239,900
Total Assessment
$365,000
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