Wisconsin Rapids Office Space - Flexible Lease Terms
Lot size:
51,868 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
Century 21 Plaza, located at 2501 8th St S in Wisconsin Rapids, WI 54494, offers a diverse range of office spaces for lease. This single, Class C building, totaling 51,868 square feet, underwent renovations in 2012 and was originally built in 1954. The property features 18 suites, with a minimum divisible space of 598 square feet and a maximum contiguous space of 10,120 square feet. Currently, 23,511 square feet are vacant, presenting significant leasing opportunities. The property's versatile design accommodates various business types, including traditional, executive, creative, and medical offices, as well as general commercial uses. Its prime location near the heart of Wisconsin Rapids, a county seat, ensures high visibility and accessibility. The center enjoys a strong tenant base, including Anytime Fitness, H&R Block, and Cricket Wireless, among other local businesses, and is situated adjacent to a Goodwill store. Leases offer flexible terms, making it suitable for both established businesses and startups. The property is well-suited for a variety of tenants, from small businesses to larger national companies. Nine spaces are currently available, ranging in size to accommodate various business needs.
Medical office - Wisconsin Rapids Office Space - Flexible Lease Terms
Where is this medical office located?
The property is located at 2501 8Th St Wisconsin Rapids, WI.
What is the lease rate?
The lease rate is $4-$14 SF/Yr.
What are key features of this property?
This property features: 51,868 square foot retail center.; Anytime Fitness anchors the center.; Goodwill is a shadow anchor.
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2501 8Th St Wisconsin Rapids, WI 54494
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Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
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These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
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Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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2501 8Th St Wisconsin Rapids, WI 54494
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2501 8Th St, Wisconsin Rapids, WI
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2501 8Th St, Wisconsin Rapids, WI
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