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710 Wolske Bay Rd 2,431 SF Office Building Menomonie, WI 54751 $625,000 ($257.10/SF) 6.91% Cap Rate
EXECUTIVE SUMMARY
Well established eye clinic with offices in Eau Claire and Menomonie, WI. Approximately 8 years remaining on the triple net lease. Current lease rate of $43,190 net per year, with lease payments of $45,349 for years 11 through 15.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
2,431 SF
Building Class
C
Year Built
1995
Price
$625,000
Price Per SF
$257.10
Cap Rate
6.91%
NOI
$43,190
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,431 SF
Slab To Slab
9’
Building FAR
0.02
Lot Size
2.52 AC
Zoning
B2
Parking
15 Spaces (6.17 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 1725122813230060004 | Improvements Assessment | $332,800 |
| Land Assessment | $174,400 | Total Assessment | $507,200 |
PROPERTY TAXES
Parcel Number
1725122813230060004
Land Assessment
$174,400
Improvements Assessment
$332,800
Total Assessment
$507,200
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710 Wolske Bay Rd
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