845 Water Ave - Office FOR SALE


Hillsboro, WI 54634
$415,000 USD
262-389-4924
845 Water Ave, Hillsboro, WI for Sale
$415,000 USD
Office - FOR SALE
1/23
null | 8.77% Cap Rate

845 Water Ave
Hillsboro, WI 54634


HIGHLIGHTS

  • Long-term, high quality tenant (28+ years)
  • Triple Net Lease
  • Roof and all mechanicals have been replaced in the last 10 years

OVERVIEW

Fully-leased, recently renovated medical office building in Hillsboro, Wisconsin. The current tenant is Hillsboro Eye Clinic, which is part of the Emplify Health system (a merger of Bellin and Gundersen) and has been at this location for 28 years. Emplify owns the recently built hospital in town and had the opportunity to relocate the eye clinic to the hospital, but opted to renovate this location at their own expense instead.

FOR SALE DETAILS

PRICE

$415,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

8.77%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillsboro Eye Clinic

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C-1 (Commercial)

APN/PARCEL ID

236-00025-0000

ASK ABOUT THIS PROPERTY

Will KlumbColdwell Banker Commercial RealtyMore Info
262-389-4924

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Will KlumbColdwell Banker Commercial RealtyMore Info
262-389-4924

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