Listing Agency: NAI Pfefferle t***@naipfefferle.com

Listed By: T.J. Morice, SIOR · License #WI 89917-94

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:44PM

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Investment Insights

Based on property information with market context.

This for-sale office building is currently leased under two separate agreements with the State of Wisconsin.

The property is located at 2700 College Drive in Rice Lake, WI 54868.

Interested parties should review lease terms and assumptions directly with the seller or listing broker.

Key Highlights

• Office building with two leases to the State of Wisconsin
• Property described as having 2 state of WI leases

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

372

Businesses Nearby

Explore this area Business Placement

Demographics for 54868, WI

15,785

Population

7,640

Households

2.1

Avg Household Size

44

Median Age

25%

College-Educated

94%

High-School Grad

212.0 sq mi

ZIP Area

74

Density / Sq Mi

$64,567

Median Household Income

$40,474

Median Earnings

$850

Median Rent

$199,300

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Office building with two leases to the State of Wisconsin.

Where is this office building located?

The property is located at 2700 College Drive Rice Lake, WI.

What are key features of this property?

This property features: Office building with two leases to the State of Wisconsin; Property described as having 2 state of WI leases