1110 Prairie Street Pending Save Request In-Person Tour Request Virtual Tour
Prairie Du Sac,WI 53578-2044
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
Square Footage 5,900 sqft
Price per Sqft $245
MLS Listing ID 1994695
Year Built 2000
Annual Tax Amount $20,402
Tax Year 2023
Lot Size 1.030 Acres
Property Sub-Type Office
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
Area Prairie Du Sac - V
Zoning Commercial
Interior
Heating Forced air,Central air
Cooling Forced air,Central air
Exterior
Parking Features 11-20 spaces,Onsite,Paved
Roof Type Composition
Building
Story 1
Water Municipal water,Municipal sewer
Structure Type Brick