Class A Office/Flex Medical
790 EASTGATE Drive Ripon, WI 54971
790 EASTGATE Drive, Ripon, WI, 54971
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For Sale
Contact for pricing
Modern brick and stucco medical office building with exam rooms, private offices, and a lobby with conference areas.
Property Size7,902 SF
Lot Size3.00 Acres
Price / SF$170.84
Days on Market17
Property Features for 790 EASTGATE Drive
General Information
- Standard status
- Active
- Size
- 7,902 SF
- Lot size
- 3.00 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing agency
Adashun Jones, Inc
(920) 251-6748
Listed by
Kevin Jones · License #WI 55540-90
Source
Crexi
Added: Jul 6 Updated: Jul 22 at 2:55AM Checked: Jul 22 at 2:55AM
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 Adashun Jones, Inc
Investment Insights
Based on property information with market context.
This Class A office/flex medical office building offers a modern brick/stucco exterior and a practical medical layout. The facility includes a poured concrete foundation with a partial basement, four bathrooms, and multiple exam rooms alongside private offices. Interior common spaces feature a welcoming lobby and conference areas, supporting day-to-day patient and staff workflows. The property previously operated as a single-use medical office tenant space and is described as suitable for continued medical use, with room for expansion.
Located in Ripon on commercially zoned land, the building is near SSM Hospital and provides high visibility from HWY 23. The property spans more than 3 acres, giving it site flexibility consistent with the stated expansion potential.
With its established exam-room and office configuration and healthcare-focused improvements, the building presents a straightforward option for organizations looking to occupy or reposition an office/flex medical facility.
Located in Ripon on commercially zoned land, the building is near SSM Hospital and provides high visibility from HWY 23. The property spans more than 3 acres, giving it site flexibility consistent with the stated expansion potential.
With its established exam-room and office configuration and healthcare-focused improvements, the building presents a straightforward option for organizations looking to occupy or reposition an office/flex medical facility.
Key Highlights
- Class A office/flex medical building built in 2008
- Over 7,900 sq ft building on more than 3 acres of commercially zoned land
- Modern brick/stucco facility near SSM Hospital with high visibility from HWY 23
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 | $213.4k | $27.00 |
| − Vacancy | −$12.8k | −$1.62 |
| EGI | $200.6k | $25.38 |
| − OpEx | −$80.2k | −$10.15 |
| NOI | $120.3k | $15.23 |
7,902 SF · lease $27.00/SF/yr · vacancy 6.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.72M
$1.50M – $2.01M
NOI $120,332 @ 7.0% cap · market cap 8.91%
Second Best
Office B
$1.16M
$1.02M – $1.36M
NOI $81,405 @ 7.0% cap · market cap 6.03%
Theoretical Best
Multifamily LT 5
$7.61M
$6.66M – $8.88M
NOI $533,006 @ 7.0% cap · market cap 39.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Robert Bertram, DPM
Physician
James M. Wright, ...
Physician
Aaron R. Johnson, ...
Physician
John Nash, MD
Physician
Molly J. Meier, ...
Physician
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FAQs
What type of property is this?
Medical Office Space - Modern brick and stucco medical office building with exam rooms, private offices, and a lobby with conference areas.
Where is this medical office space located?
The property is located at 790 EASTGATE Drive Ripon, WI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Class A office/flex medical building built in 2008; Over 7,900 sq ft building on more than 3 acres of commercially zoned land; Modern brick/stucco facility near SSM Hospital with high visibility from HWY 23
