601 McHugh Rd, Holmen, WI 54636

Building Details

Year Built 1995 More

Tenancy Multi More

Listing Agency: RE/MAX Results

Listed By: Dan Stacey · License WI #5620094 Show Phone

Source: Viewhomesinwisconsin

Added: Feb 17 Changed: Nov 1 Last Checked: Nov 8 at 6:50AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 3,846-square-foot office building contains five suites, including one space available for immediate occupancy. The property has undergone several updates, with renovated suites, a remodeled common area, updated HVAC equipment, and shingles that are 5 years old. Some suites are occupied by long-term tenants, providing existing tenancy alongside the available space.

Customer parking is provided at the property. The office center is near Holmen Boys & Girls Club, Holmen Middle School, Holmen High School, and other businesses, placing the building within an established community setting.

Key Highlights

• Five office suites, including 1 space available for immediate occupancy
• 3,846‑square‑foot office building
• Renovated suites and remodeled common area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$40,498

Cap Rate

5.06%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$809,960 $810.0K

Cap Rate 7%

$578,543 $578.5K

Cap Rate 9%

$449,978 $450.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,846 SF

Gross rent

$69.2K $18.00/SF

− Vacancy

−$15.2K −$3.96/SF

EGI

$54.0K $14.04/SF

− OpEx

−$13.5K −$3.51/SF

NOI

$40.5K $10.53/SF

Area

La Crosse County, WI

Vacancy

22.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$809,960

Cap Rate 7%

$578,543

Cap Rate 9%

$449,978

Alternative Uses

Best Use

Office B

$578.5K

$506.2K – $675.0K (±1% cap)

NOI $40,498 @ 7.0% cap · market cap 5.06%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$841.1K

$736.0K – $981.3K (±1% cap)

NOI $58,878 @ 7.0% cap · market cap 7.36%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dr. Julie Moseng ... Dental Office KA Salon suite A Hair Salon The Beauty Shop Hair Salon J&K Nails and More Nail Salon

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Real Estate Agency Bakery Furniture & Home Goods

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

Lease Details

5

Office units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

240

Businesses Nearby

Explore this area Business Placement

Demographics for 54636, WI

16,338

Population

6,517

Households

2.5

Avg Household Size

39

Median Age

35%

College-Educated

97%

High-School Grad

83.0 sq mi

ZIP Area

197

Density / Sq Mi

$91,156

Median Household Income

$47,699

Median Earnings

$1,145

Median Rent

$290,600

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 - Professional center with renovated suites, updated HVAC, and customer parking near schools and other businesses.

Where is this office building located?

The property is located at 601 McHugh Rd Holmen, WI.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Five office suites, including 1 space available for immediate occupancy; 3,846‑square‑foot office building; Renovated suites and remodeled common area