Two-Suite Medical Office
New
For Sale
Contact for pricing
1110 Oak Ridge Dr, Eau Claire, WI 54701
Class A medical setting with separate suites and flexible occupancy arrangements.
Property Size9,536 SF
Price / SF$177.22
Days on Market7
Property Features for 1110 Oak Ridge Dr
General Information
Standard status
Active
Size
9,536 SF
Class
A
Property subtype
Office
Investment Type
Sale/Leaseback
Additional Details
Office Units
2
Building Details
Buildings
1
Listing Agency:
Trillium Commercial Realty
(715) 874-4225
Listed By:
Scott Knepper · License #WI 85731-94
Source:
Crexi
Added: Jul 28
Changed: Aug 3
Last Checked: Aug 3 at 4:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trillium Commercial Realty
Investment Insights
Based on property information with market context.
This 9,536-square-foot Class A medical office property includes two separate office suites, providing flexible occupancy options within one professional setting. The configuration supports an owner-user arrangement, including the possibility of occupying one suite while leasing the other. A current medical practice may remain under a leaseback arrangement, subject to lease terms.
The property is located at 1110 Oak Ridge Dr in Eau Claire, Wisconsin, with proximity to Marshfield Clinic, UW–Eau Claire, CVTC, and Mayo Clinic Health System. Its stated use profile is suited to medical, dental, wellness, and other professional office operations.
The property is located at 1110 Oak Ridge Dr in Eau Claire, Wisconsin, with proximity to Marshfield Clinic, UW–Eau Claire, CVTC, and Mayo Clinic Health System. Its stated use profile is suited to medical, dental, wellness, and other professional office operations.
Key Highlights
- 9,536 SF Class A medical office building
- Two separate office suites with flexible occupancy options
- Current medical practice may remain through a leaseback arrangement
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $228.9k | $24.00 |
| − Vacancy | −$51.7k | −$5.42 |
| EGI | $177.1k | $18.58 |
| − OpEx | −$44.3k | −$4.64 |
| NOI | $132.9k | $13.93 |
9,536 SF · lease $24.00/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.90M
$1.66M – $2.21M
NOI $132,856 @ 7.0% cap · market cap 7.86%
Second Best
Healthcare Medical
$1.83M
$1.60M – $2.13M
NOI $127,983 @ 7.0% cap · market cap 7.57%
Theoretical Best
Industrial
$10.76M
$9.42M – $12.56M
NOI $753,363 @ 7.0% cap · market cap 44.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54701, WI
41,346
Population
17,932
Households
2.3
Avg Household Size
35
Median Age
42%
College-Educated
98%
High-School Grad
86.0 sq mi
ZIP Area
481
Density / Sq Mi
$71,406
Median Household Income
$37,658
Median Earnings
$963
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical setting with separate suites and flexible occupancy arrangements.
Where is this medical office space located?
The property is located at 1110 Oak Ridge Dr Eau Claire, WI.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 9,536 SF Class A medical office building; Two separate office suites with flexible occupancy options; Current medical practice may remain through a leaseback arrangement
