Wausau Office Building For
7100 Stewart Ave Wausau, WI 54401
For Sale
Contact for pricing
Office building for sale in Wausau, Wisconsin.
Property Size13,000 SF
Price / SF$120.89
Days on Market2159
Property Features for 7100 Stewart Ave
General Information
Standard status
Active
Size
13,000 SF
Property subtype
Office
Building Details
Year Built
1991
Listing Agency:
NAI Pfefferle
Listed By:
T.J. Morice, SIOR · License #WI 89917-94
Source:
Crexi
Added: Aug 31, 2020
Changed: Jul 6
Last Checked: Jul 29 at 4:15PM
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 NAI Pfefferle
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building available for sale. The property encompasses a total area of 13000 square feet and is located in Wausau, Wisconsin.
Key Highlights
- Office building for sale
- Built in 1991
Financial Insights For Office B
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 | $221.5k | $17.04 |
| − Vacancy | −$48.7k | −$3.75 |
| EGI | $172.8k | $13.29 |
| − OpEx | −$43.2k | −$3.32 |
| NOI | $129.6k | $9.97 |
13,000 SF · lease $17.04/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.85M
$1.62M – $2.16M
NOI $129,589 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.40M
$2.10M – $2.80M
NOI $168,129 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Office building for sale in Wausau, Wisconsin.
Where is this office building located?
The property is located at 7100 Stewart Ave Wausau, WI.
What is the asking price?
The asking price for this property is $1,571,609.
What are key features of this property?
This property features: Office building for sale; Built in 1991