840 Spruce St | Baldwin, WI 54002
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- LoopNet Team
840 Spruce St
Baldwin, WI 54002
Oakleaf Specialty Clinic · Office Property For Sale
Investment Highlights
- Healthcare Leases – Healthcare properties are sought after for their resistance to recessions and e-commerce.
- High Traffic Corridor – The property sits within the retail corridor of US Highway 63, which sees over 11,000 cars per day in front of the property
- School Proximity – The office is located within a few minutes of multiple schools, Baldwin High School and Greenfield Elementary school.
- Strong Hedge Against Inflation – A majority of the leases features 3.0% annual rent increases, providing investors with growing cash flow
- Retail Hub – The building is surrounded by a premier list of national retailers, including Dollar General, Caribou Coffee, and Associated Banks.
- Hospital Proximity – The property is located down the road from a Western Wisconsin Health campus.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
3,229 SF
Building Class
C
Year Built
2017
Building Height
1 Story
Typical Floor Size
3,229 SF
Slab To Slab
11’
Building FAR
0.10
Lot Size
0.76 AC
Parking
20 Spaces (6.19 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 106-2003-95-113 | Improvements Assessment | $691,900 |
| Land Assessment | $123,800 | Total Assessment | $815,700 |
Property Taxes
Parcel Number
106-2003-95-113
Land Assessment
$123,800
Improvements Assessment
$691,900
Total Assessment
$815,700
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