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5545 WI-93 Trunk - Allen Media Broadcasting 8,429 SF Specialty Building Offered at $4,103,000 at a 7.75% Cap Rate in Eau Claire, WI 54701
INVESTMENT HIGHLIGHTS
- 8,429 SF property, 100% leased to Allen Media Broadcasting
- Strategic location serving the Eau Claire and Chippewa Valley areas
- Stable tenant in the broadcasting industry
- 15.5-year NNN lease with attractive renewal options and rent bumps
- Eau Claire, WI is a transportation hub between the Twin Cities and Chciago
EXECUTIVE SUMMARY
Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in the single-tenant, broadcasting facility (the “Property” or “Asset”) fully leased to Allen Media Broadcasting and located at 5545 WI-93, Eau Claire, WI.
The Property totals 8,429 SF and is fully occupied by Allen Media Broadcasting, a media broadcasting company with 24 stations across 13 states (the “Tenant”), a subsidiary of Allen Media Group. The Property contains the operations of WQOW18 news, an ABC affiliate, who conducts their broadcasts for news in the Eau Claire and Chippewa Valley area. The lease has 15.5 years remaining with a NNN lease structure, offering investors long-term cash flow, and features four (4), five-year renewal options and attractive annual rent bumps throughout the primary term & renewal options.
Eau Claire has a population of approximately 71,000, it is the ninth-largest city in Wisconsin and has been experiencing steady growth, with a population increase of 4.5% from 2015 to 2025. Located along I-94 between the Twin Cities and Chicago, it is a valuable transportation hub. Eau Claire is known for its high quality of life, outdoor recreational opportunities, and vibrant arts scene, often being recognized as one of the best small cities in the Midwest. The city is home to the University of Wisconsin-Eau Claire, a respected public liberal arts university that contributes significantly to the area's cultural and economic vitality.
The Property totals 8,429 SF and is fully occupied by Allen Media Broadcasting, a media broadcasting company with 24 stations across 13 states (the “Tenant”), a subsidiary of Allen Media Group. The Property contains the operations of WQOW18 news, an ABC affiliate, who conducts their broadcasts for news in the Eau Claire and Chippewa Valley area. The lease has 15.5 years remaining with a NNN lease structure, offering investors long-term cash flow, and features four (4), five-year renewal options and attractive annual rent bumps throughout the primary term & renewal options.
Eau Claire has a population of approximately 71,000, it is the ninth-largest city in Wisconsin and has been experiencing steady growth, with a population increase of 4.5% from 2015 to 2025. Located along I-94 between the Twin Cities and Chicago, it is a valuable transportation hub. Eau Claire is known for its high quality of life, outdoor recreational opportunities, and vibrant arts scene, often being recognized as one of the best small cities in the Midwest. The city is home to the University of Wisconsin-Eau Claire, a respected public liberal arts university that contributes significantly to the area's cultural and economic vitality.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $4,103,000 | Building Class | B |
| Price Per SF | $486.77 | Lot Size | 0.99 AC |
| Sale Type | Investment | Building Size | 8,429 SF |
| Cap Rate | 7.75% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1990 |
| Property Subtype | Movie/Radio/TV Studio | Parking Ratio | 5.22/1,000 SF |
| Zoning | C3P | ||
| Price | $4,103,000 |
| Price Per SF | $486.77 |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Property Type | Specialty |
| Property Subtype | Movie/Radio/TV Studio |
| Building Class | B |
| Lot Size | 0.99 AC |
| Building Size | 8,429 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 5.22/1,000 SF |
| Zoning | C3P |
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PROPERTY TAXES
| Parcel Number | 15-4904-G | Improvements Assessment | $1,005,900 |
| Land Assessment | $435,200 | Total Assessment | $1,441,100 |
PROPERTY TAXES
Parcel Number
15-4904-G
Land Assessment
$435,200
Improvements Assessment
$1,005,900
Total Assessment
$1,441,100
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5545 WI-93 Trunk - Allen Media Broadcasting
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