CBRE is pleased to present the opportunity to purchase an iconic office building located in the heart of downtown Wausau.
The CitySquare offering provides a mix of traditional and creative office space listed with an attractive cap rate. An investor will have the opportunity to increase occupancy further and drive rents, while maintaining a loyal base of existing credit-rated tenants.
Prominently located in Wausau’s CBD, the limestone-clad, eight-story office building spans over 143,000+ square feet and boasts a two-story glass atrium lobby. The Class A office is institutionally maintained and modernized, with significant capital investment. Located in the heart of Wausau, CitySquare offers a unique blend of work, play, and community. Its prime location puts tenants within walking distance of concerts on the Square, several dining and drinking options, boutiques and local retailers, and several hotels.
CitySquare’s timeless appeal and location make it a popular destination for national companies, law firms, and other professional groups who are seeking a prominent address. Additionally, the building's amenities and institutional quality attract and retain long-term tenants, ensuring steady cash flow and value appreciation.
CitySquare’s 10-mile demographics confirm a stable, affluent area, home to a growing population of 90,578 residents with average household incomes exceeding $91,700. Professional and business services, financial services, and information services employ nearly 10,000 daytime professionals, aligning with the subject’s capabilities.
For financial information and to download the full Offering Memorandum, please see the Links Section below and go to www.citysquare-cbre.com.