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2584309
2584297

260 E Ridge Rd, Portage, WI, Portage, WI 53901

TM
WI 89917-94
NAI Pfefferle
Listed by NAI Pfefferle
$799,775
2164 days on market
Updated 17 days ago

260 E Ridge Rd

Details
APN 11271-3143
Property Type Office
Sub Type Government Office
Square Footage 6,000
Cap Rate 10.04%
NOI $80,293
Occupancy 100%
Tenancy Single
Lease Type Gross
Price per SqFt $133
Class C
Year Built 1995
Year Renovated 2000
Stories 1
Acreage 1.050
Parking Spaces 65 spaces
Parking Per SqFt 10.83

State leased facility

Investment highlights

  • Excellent real estate investment opportunity
  • Leases vary in maturity dates, 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
  • Leases do have escalator clauses.
  • Accommodates 1031 exchange investors
  • Portfolio average term to maturity including options is 26 months. Does not include 10 leases currently at the renewal stage. Maturity including options based on historical data.

Listing Contacts

TM
WI 89917-94
NAI Pfefferle
Listed by NAI Pfefferle

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$80,293.00
$6,691.08/mo

Valuation Metrics

0
DSCR
10.04%
Cap Rate
10.04%
ROI

Map

Zoning

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Last updated Jan 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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