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Eau Claire Physical Therapy 836 Richard Dr

5,521 SF 100% Leased Office Building Eau Claire, WI 54701 £670,650 (£121/SF) 4.24% Net Initial Yield

Investment Highlights

  • Convenient South Side Location
  • Close to shopping, medical, retail, and thousands of multi family units in immediate area
  • Quality, Masonry exterior with ample parking

Executive Summary

Imagine the cash flow. Masonry exterior office building is the perfect investment. 5500+ square feet of office space is NNN leased as a daycare center until 2025. Convenient south side location, close to existing medical, shopping, schools, and thousands of occupied rental units in the area.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,521 SF
Building Class
B
Year Built
1977
Price
£670,650
Price Per SF
£121
Net Initial Yield
4.24%
NOI
£28,436
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
5,521 SF
Building FAR
0.15
Land Acres
0.83 AC
Zoning
C3 - C3
Parking
40 Spaces (7.25 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-1054-T
Land Assessment
£286,774
Improvements Assessment
£390,186
Total Assessment
£676,960
  • Listing ID: 23901308

  • Date on Market: 13/08/2021

  • Last Updated:

  • Address: 836 Richard Dr, Eau Claire, WI 54701

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