Listing Agency: Marcus & Millichap - San Diego a***@marcusmillichap.com Show Phone

Listed By: Alvin Mansour · License #TX 0606255

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:23AM

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Investment Insights

Based on property information with market context.

This office property is occupied by CAREVET ANIMAL HOSPITAL under a NNN lease structure that includes 2% annual increases. The lease arrangement provides defined annual growth terms for the occupancy.

The property is located at 407 Prairie St in Reeseville, Wisconsin 53579. It is offered for sale as an office asset with an established animal hospital occupant and documented lease escalations.

Key Highlights

• CAREVET ANIMAL HOSPITAL is the named occupant
• NNN lease structure
• 2% annual increases

Property Analytics

Property Profile

Current Use

CJ Haase Veterinary ... Veterinary Clinic

Suggested Use

Top Pick HVAC Service Plumbing Service Auto Repair Shop Grocery & Convenience Store Kitchen & Bath Showroom Veterinary Clinic

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

11

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 53579, WI

1,799

Population

719

Households

2.5

Avg Household Size

45

Median Age

19%

College-Educated

89%

High-School Grad

39.9 sq mi

ZIP Area

45

Density / Sq Mi

$75,048

Median Household Income

$47,167

Median Earnings

$919

Median Rent

$228,900

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 space - Office property occupied by CAREVET ANIMAL HOSPITAL with contractual 2% annual increases.

Where is this office space located?

The property is located at 407 Prairie St Reeseville, WI.

What are key features of this property?

This property features: CAREVET ANIMAL HOSPITAL is the named occupant; NNN lease structure; 2% annual increases