520 N 28th Ave, Wausau, WI 54401
Commercial building near Aspirus Hospital, suitable for various uses.
- Added:
- Dec 7, 2023
- Days on Market:
- 943
- Last Refresh:
- Jun 25 at 8:37 pm
Property Features for 520 N 28th Ave
General Information
- Standard status
- Active
- Size
- 10,854 SF
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing office Transworld Commercial Real Estate (715) 849-5544
Listing date Dec 7, 2023
Source Crexi
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 Transworld Commercial Real Estate
HighLights
- Prime location within the Wausau Medical Campus, near Aspirus Hospital
- Complete renovation in 2022
- Lower level built out as a childcare facility with classrooms, gym, kitchen, and offices
- New fire suppression system and recent key mechanical upgrades
- Over 50 parking stalls and well‑landscaped exterior
- Easy highway access via Interstate 39
Overview
Local Financial Insights For Healthcare Medical
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 | $234.4k | $21.60 |
| − Vacancy | −$17.6k | −$1.62 |
| EGI | $216.9k | $19.98 |
| − OpEx | −$86.7k | −$7.99 |
| NOI | $130.1k | $11.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wausau
- County
- Marathon
- State
- Wisconsin
- Longitude
- -89.6716827
- Latitude
- 44.969614
