www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34468909
34468908

555 Lester Avenue, Onalaska, WI 54650 For Sale

EE
TN TN 367442
Matthews
Listed by Matthews
$5,300,000
5 days on market
Updated 5 days ago

US Fish & Wildlife Services

Details
Property Type Office
Square Footage 28,000
Cap Rate 9.36%
NOI $496,248
Occupancy 100%
Lease Type Modified
Lease Term 15
Lease Expiration 04/18/2033
Remaining Term 7
Rent Bumps Yes
Price per SqFt $189
Year Built 1994
Year Renovated 2018
Acreage 2.770
Lease Commencement 04/19/2018

Rare Federal Government Lab Facility — 9.36% Cap Rate, GSA Guaranteed

Investment highlights

• 4 On–Site Laboratories – The two largest labs on site are named the La Cross Fish Health Center and the Whitney Genetics Laboratory. Both are specialized labs meant to assist fish health inspections, DNA processing, and pathogen monitoring for National Fish Hatcheries.

• ±$200,000 Rent TI Renovations – From new HVAC units, new LED light upgrades, new parking lot seal coatings, new entry doors, vinyl flooring, etc. has been done to meet GSA’s needs for this facility.

• One of Six Facilities In The US – There are 6 Fish Health Centers in the United States under US Fish and Wildlife, with this facility being the only one in the Midwest.

• Central Hub for Conservation – The US government manages over 260 miles of ecosystems along the Upper Mississippi Basin, which includes the Wisconsin DNR Mississippi River Team, US Geological Survey, and this USFW facility in Onalaska.

• Below Replacement Cost – At only $189/ SF at full list price, this site is well below replacement cost to build a new facility for USFW, especially with this amount of lab space.

• Debt financing available through River Bank in La Crosse, WI at a 5.65% blended interest rate.

Listing Contacts

EE
TN TN 367442
Matthews
Listed by Matthews

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
$496,248.00
$41,354.00/mo

Valuation Metrics

0
DSCR
9.36%
Cap Rate
9.36%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Matt Fitzgerald
License
51983-90, 938105-91 (WI)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591