E10196 County Road P - Medical FOR SALE


Wisconsin Dells, WI 53965
$4,625,000 USD
949-506-2009
E10196 County Road P, Wisconsin Dells, WI for Sale
$4,625,000 USD
Medical - FOR SALE
1/11
null | 7.25% Cap Rate

E10196 County Road P
Wisconsin Dells, WI 53965


HIGHLIGHTS

  • Corporately Guaranteed Lease | Exceptional, 3.75% Annual Rental Increases
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Across From a Walmart And Home Depot Anchored Center | Water Park Capital Of The World
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, DaVita investment property located in Wisconsin Dells, WI. The tenant, DaVita, has over 5.5 years of lease term remaining with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3.75% annual rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$4,625,000 USD

PRICE/SF

$578 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corp DaVita | Rare, 3.75% Annual Bumps

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

A-2

APN/PARCEL ID

146-0147-53205

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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