Listed by Trillium Commercial Realty
$1,400,000
1700 Tainter - Men WI Dentist Anchor New 7 Year NNN 8%+CAP
Details
Property Type Office, Retail
Sub Type Medical Office
Square Footage 8,000
Net Rentable (SqFt) 7,921
Units 6
Cap Rate 8.24%
NOI $115,389
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 7
Lease Expiration 12/31/2032
Remaining Term 6.6
Rent Bumps Yes
Lease Options 2 - 3 Year Lease options
Pro-Forma Cap Rate 8.71%
Pro-Forma NOI $122,000
Price per SqFt $175
Broker Co-Op Yes
Class B
Year Built 2001
Year Renovated 2022
Buildings 1
Stories 1
Acreage 1.000
Zoning Commercial
Parking Spaces 50 spaces
Parking Per SqFt 6.25
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 01/01/2026
Occupancy Date 05/01/2010
Ground Lease No
Ownership East River Mgmt
Sale Condition 1031 exchange
Office | 7.21% CAP | 8,000 SqFt 100% Occupied NNN Leases
Marketing description
The Tainter Street property benefits from established neighboring uses and convenient access to main routes through Menomonie, enhancing visibility and accessibility for the businesses. With its turn-key condition and adaptable floor plan, 1700 Tainter St is an excellent opportunity for an owner-user or investor looking for a compact, close to 94, well-located office asset in a thriving community.
See Rent Roll In Due Diligence
Update - Krumm Siding renewed through March 2027.
Investment highlights
Brand New 7-Year Lease (anchor Tenant Dentist)
Perfect Location right off of Hwy 94.
Listing Contacts
Listed by Trillium Commercial Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$115,389.00
$9,615.75/mo
Valuation Metrics
0
DSCR
8.24%
Cap Rate
8.24%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Brokerage Address
Is there information that looks off?
