1590 Macauley Ave - Flex FOR SALE


Rice Lake, WI 54868
$420,000 USD
715-308-6600
1590 Macauley Ave, Rice Lake, WI for Sale
$420,000 USD
Flex - FOR SALE
1/11

1590 Macauley Ave
Rice Lake, WI 54868


HIGHLIGHTS

  • Tenant is Home Medical, an Adapt Health Company
  • Well established commercial tenant
  • NNN lease with renewals

OVERVIEW

We are pleased to present Home Medical Building, a premier industrial warehouse and distribution facility located at 1590 Macauley Avenue in Rice Lake, Wisconsin. This exceptional asset offers investors a rare opportunity to acquire a functional, well-maintained property. Tenant is a stable, well established commercial tenant who has occupied the building since 12/1/2021. Their current lease expires 11/30/2027. Home Medical, an Adapt Health Company is a network of full-service medical equipment companies that use tailored products and services to empower patients to live their best lives – out of the hospital and in their homes. They are a local retailer of oxygen equipment, wheelchairs, and other supplies. Strategically located in the Rice Lake, Wisconsin industrial corridor, the property offers easy access to major highways. There is plenty of employee and customer parking on a newly surfaced asphalt parking lot. Rice Lake is a city in Barron County in northwestern Wisconsin, United States, on the shore of the lake with the same name. The city is a commercial and tourist center for the surrounding rural areas. As of the 2020 census, the city had a total population of 9,040.

FOR SALE DETAILS

PRICE

$420,000 USD

CAP RATE

9.68%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Home Medical Building

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35

LAND SF

15,337

ZONING

Commercial

APN/PARCEL ID

276-5007-21-000

ASK ABOUT THIS PROPERTY

Charles FeatherFeather Real Estate GroupMore Info
715-308-6600

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Charles FeatherFeather Real Estate GroupMore Info
715-308-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.