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SSM HEALTH 1305 W Main St

9,700 SF Office Building Whitewater, WI 53190 £1,768,337 (£182/SF) 7.99% Net Initial Yield

Investment Highlights

  • located on Main street, which is the primary retail corridor in Whitewater, WI. Main Street has access from State Routes 59, 89 and U.S. Route 12.
  • Many other national tenants can be found in immediate proximity that include Walgreens, Chipotle, Casey’s, and McDonald’s.
  • The lease structure is beneficial for ease of management and predictable cash flow.
  • Walmart Supercenter is located directly across the street with the University of Wisconsin Whitewater student union being one mile to the east .
  • The property benefits from a passive lease structure with the tenant handling building operations.
  • Landlord responsibilities are limited to roof, structure, and parking lot.

Executive Summary

Matthew M. Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,700 SF
Building Class
B
Year Built
2000
Price
£1,768,337
Price Per SF
£182
Net Initial Yield
7.99%
NOI
£141,376
Tenancy
Single
Number of Floors
1
Typical Floor Size
9,700 SF
Slab to Slab
10 ft
Building FAR
0.12
Lot Size
1.93 AC
Parking
30 Spaces (3.09 Spaces per 1,000 SF Leased)

Links

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PROPERTY TAXES

Parcel Number /A252200003 Improvements Assessment £1,207,007
Land Assessment £240,369 Total Assessment £1,447,376

PROPERTY TAXES

Parcel Number
/A252200003
Land Assessment
£240,369
Improvements Assessment
£1,207,007
Total Assessment
£1,447,376
(847) 204-7103

Contact

  • Listing ID: 32442043

  • Date on Market: 12/07/2024

  • Last Updated:

  • Address: 1305 W Main St, Whitewater, WI 53190

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© 2024 CoStar Group

SSM HEALTH | 1305 W Main St
(847) 204-7103 x

SSM HEALTH | 1305 W Main St

Jacob Friedman

(847) 204-7103

(847) 204-7103

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