Property profile

311 Financial Way Wausau, WI 54401

FOR LEASE
Commercial real estate
Property ID
US92-0360680
3.15 ac lot Built 2007
Entity Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office space, located at 311 Financial Way in Wausau, Wisconsin, offers two available suites ranging from 1,100 to 1,400 square feet. The building, constructed in 2007, boasts a prime location with amazing highway visibility, providing excellent exposure for your business. The property features both lower and upper parking areas for convenient access. This LEED-certified building offers a professional and efficient work environment. The suites are ideal for a variety of office uses, including traditional, executive, creative, and medical practices. Tenancy is multiple, allowing for flexibility and potential collaboration opportunities. The building's zoning is commercial, ensuring suitability for a wide range of businesses. Located on the west side of Wausau, the property provides easy access to retail, business, and medical facilities within a five-minute radius. Enhance your business presence with available signage options on the monument, doors, and by elevators. A tenant improvement allowance of $20 per square foot is available to assist with build-out. This is a truly worthwhile lease opportunity in a desirable location. The property is zoned for commercial use.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Lot 3.15 ac (137,127 SF)
Zoning code UDD
APN 291-2907-274-0951
UPID US92-0360680

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Insurance Agency
  • Dental Office
  • Physician
  • Insurance Agency

Location

311 Financial Way Wausau, WI 54401
Wausau metro Census 500 WAUSAU-WESTON, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$575k

Owner & transaction history

since 2006
5 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
2006
$450,000
1969
Price N/A

Zoning & alternative use

UDD · Wausau, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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