REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 995,000
Est. payment | /mo
9,000 SqFt
$ 995,000
Est. payment | /mo
9,000 SqFt
Key Details
Property Type Commercial
Sub Type Real Estate For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $110
MLS Listing ID 22405062
Year Built 2003
Lot Size 1.150 Acres
Acres 1.15
Property Sub-Type Real Estate For Sale
Property Description
Built in 2003, this multi-tenant building with a newly signed Social Security Lease is available. Tenants include Social Security, Department of Workforce Development, Hearing Care Associates, Wilkinson Law. The Social Security lease features annual CPI rent increases using the standard GSA leasing structure where any increase in expenses will be covered by the Consumer Price Index increase for the following year. The Social Security just renewed their lease for 10 years, 5 years of which are firm showing their commitment to this site and location. The Department of Workforce Development recently exercised their three-year renewal extending their lease through December 31, 2025. The property features a new roof top / AC unit and 3M solar film to reduce future operating expense. This is a prime location located just off Interstate 39 near many national and regional retailers including Wal-Mart, Kwik Trip, Festival Foods, Northridge Plaza, Goodwill, Tractor Supply, Pizza Ranch, Culvers as well as Madison Area Technical College – Portage and Aspirus Divine Savior Hospital.
Location
State WI
County Columbia County
Area Other
Others
Tax ID 11271 3091.06
Listed by WIMMER REAL ESTATE LLC
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Tammy Waraksa
Broker Owner/Team Lead | License ID: 60147-90