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Listed by Greg Wagner • Keller Williams Lake Country
$ 1,450,000
Est. payment /mo
Pending
1110 Prairie Street Prairie Du Sac, WI 53578
5,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 5,900 sqft
Price per Sqft $245
Municipality PRAIRIE DU SAC
MLS Listing ID 1994695
Year Built 2000
Annual Tax Amount $20,402
Tax Year 2023
Lot Size 1.030 Acres
Acres 1.03
Property Description
Investment Opportunity - in the heart of Prairie du Sac - 1110 Prairie Street, a prime Medical Office Building with a long-term tenant, SSM Health Davis Duehr Dean Eye Care. Boasting a well-maintained structure, this property features a 5,900 SF building on a spacious 1.03-acre lot, offering a solid NOI of $114,061 and an attractive CAP rate of 7.9%. Single Tenant Net Lease, with SSM Health holding a ten-year NNN lease since 2017, with potential for a five-year extension. Well located in the Sauk Prairie community, this dual town area is home to approximately 7,800 residents, ensuring a consistent flow of patrons for the clinic. This is an excellent opportunity to acquire a reliable income-producing asset in a stable tertiary Wisconsin market.
Location
State WI
County Sauk
Zoning Commercial
Rooms
Basement None, None / Slab
Interior
Heating Natural Gas
Cooling Forced Air, Central Air
Exterior
Roof Type Composition/Fiberglass
Building
Dwelling Type Free Standing
Sewer Municipal Water, Municipal Sewer
New Construction N
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