Listing Agency: CBRE, Inc.

Listed By: Chase Brieman · License #54278 Show Phone

Source: Cbre

Added: Mar 25 Changed: Sep 27 Last Checked: Oct 5 at 5:24PM

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Investment Insights

Based on property information with market context.

This turn-key medical office space features three exam rooms, one office, an X-ray and darkroom, a lab, a reception/waiting area, and storage. The 1,734-square-foot building includes an unfinished basement. Located in the rural south central Wisconsin community of Brandon, the property sits on a spacious 2.0-acre parcel, offering ample room for potential expansion or conversion to an office or retail use. Parking is provided by 11 stalls, including 2 handicap accessible spaces. Monument signage is available. Internet access is provided via fiber optic (Spectrum). The property is zoned B-2 (Highway Commercial District). The building could be converted to standard office use by removing the unnecessary plumbing and cabinetry.

Key Highlights

• Turn‑key medical office space with existing exam rooms, office, X‑ray/darkroom, lab, and reception area.
• Located on a spacious 2.0‑acre parcel with room for expansion or conversion.
• Convenient parking with 11 stalls (including 2 handicap accessible).

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,405

Cap Rate

9.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$528,100 $528.1K

Cap Rate 7%

$377,214 $377.2K

Cap Rate 9%

$293,389 $293.4K

Market Conditions

NOI Build-Up for 1,734 SF

Gross rent

$46.8K $27.00/SF

− Vacancy

−$2.8K −$1.62/SF

EGI

$44.0K $25.38/SF

− OpEx

−$17.6K −$10.15/SF

NOI

$26.4K $15.23/SF

Area

Fond du Lac County, WI

Vacancy

6.00%

Lease Rate

$27.00 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$528,100

Cap Rate 7%

$377,214

Cap Rate 9%

$293,389

Alternative Uses

Best Use

Healthcare Medical

$377.2K

$330.1K – $440.1K (±1% cap)

NOI $26,405 @ 7.0% cap · market cap 9.11%

Second Best

Office B

$255.2K

$223.3K – $297.7K (±1% cap)

NOI $17,863 @ 7.0% cap · market cap 6.16%

Theoretical Best

Multifamily LT 5

$1.67M

$1.46M – $1.95M (±1% cap)

NOI $116,962 @ 7.0% cap · market cap 40.33%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick HVAC Service Plumbing Service Grocery & Convenience Store Auto Parts Store Hair Salon Garden Center

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

70

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 53919, WI

2,334

Population

879

Households

2.7

Avg Household Size

40

Median Age

17%

College-Educated

92%

High-School Grad

65.6 sq mi

ZIP Area

36

Density / Sq Mi

$93,516

Median Household Income

$47,593

Median Earnings

$814

Median Rent

$210,800

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

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Well-appointed medical clinic in Brandon, Wisconsin with expansion potential.

Where is this medical office space located?

The property is located at 601 E Clark Street Brandon, WI.

What is the asking price?

The asking price for this property is $290,000.

What are key features of this property?

This property features: Turn‑key medical office space with existing exam rooms, office, X‑ray/darkroom, lab, and reception area.; Located on a spacious 2.0‑acre parcel with room for expansion or conversion.; Convenient parking with 11 stalls (including 2 handicap accessible).