Listed by NAI Pfefferle
$1,278,688
3422 Wilgus Rd
Details
APN 59281215826
Property Type Office
Sub Type Government Office
Square Footage 8,200
Cap Rate 7.42%
NOI $102,295
Occupancy 100%
Tenancy Single
Lease Type Gross
Price per SqFt $156
Class B
Year Built 1994-
Buildings 22
Stories 1
Acreage 1.440
Zoning BB5
Parking Spaces 64 spaces
Parking Per SqFt 7.80
State of WI lease
Investment highlights
- Excellent real estate investment opportunity
- Leases vary in maturity dates, typically written for
- 5-year term with options - gross leases
- Property management available if desired
- Various State of Wisconsin agencies as tenants with
- a few non-state affiliated tenants
- Many leases do have escalator clauses
- Accommodates 1031 exchange investors
- 8.1% CAP for remaining lease term over 36 months
- on average
- 8.25% CAP for remaining lease term under 36
- months on average
Listing Contacts
Listed by NAI Pfefferle
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,295.00
$8,524.58/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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