5545 WI-93 Trunk - Specialty FOR SALE


Eau Claire, WI 54701
$4,103,000 USD
612-396-7723
5545 WI-93 Trunk, Eau Claire, WI for Sale
$4,103,000 USD
Specialty - FOR SALE
1/2
null | 7.75% Cap Rate

5545 WI-93 Trunk
Eau Claire, WI 54701


HIGHLIGHTS

  • 8,429 SF property, 100% leased to Allen Media Broadcasting
  • 15.5-year NNN lease with attractive renewal options and rent bumps
  • Strategic location serving the Eau Claire and Chippewa Valley areas
  • Eau Claire, WI is a transportation hub between the Twin Cities and Chciago
  • Stable tenant in the broadcasting industry

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in the single-tenant, broadcasting facility (the “Property” or “Asset”) fully leased to Allen Media Broadcasting and located at 5545 WI-93, Eau Claire, WI. The Property totals 8,429 SF and is fully occupied by Allen Media Broadcasting, a media broadcasting company with 24 stations across 13 states (the “Tenant”), a subsidiary of Allen Media Group. The Property contains the operations of WQOW18 news, an ABC affiliate, who conducts their broadcasts for news in the Eau Claire and Chippewa Valley area. The lease has 15.5 years remaining with a NNN lease structure, offering investors long-term cash flow, and features four (4), five-year renewal options and attractive annual rent bumps throughout the primary term & renewal options. Eau Claire has a population of approximately 71,000, it is the ninth-largest city in Wisconsin and has been experiencing steady growth, with a population increase of 4.5% from 2015 to 2025. Located along I-94 between the Twin Cities and Chicago, it is a valuable transportation hub. Eau Claire is known for its high quality of life, outdoor recreational opportunities, and vibrant arts scene, often being recognized as one of the best small cities in the Midwest. The city is home to the University of Wisconsin-Eau Claire, a respected public liberal arts university that contributes significantly to the area's cultural and economic vitality.

FOR SALE DETAILS

PRICE

$4,103,000 USD

PRICE/SF

$487 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Allen Media Broadcasting

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,150 SF

ZONING

-

APN/PARCEL ID

15-4904-G

ASK ABOUT THIS PROPERTY

612-396-7723

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612-396-7723

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