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7100 Stewart Ave Wausau, WI 54401

For Sale
$1,900,593

13,000 SF Office Building, 7.26% Cap Rate

Property size:
13,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
366
This exceptional investment opportunity presents a single-tenant, 13,000 square foot Class B office building located at 7100 Stewart Ave, Wausau, Wisconsin, 54401. The property, built in 1991, sits on a generous 5.04-acre lot and boasts a 100% occupancy rate with a gross lease in place for a remaining term of two years. The asking price is $1,900,593, representing a compelling price per square foot of $146.20 and a strong 7.26% capitalization rate. The building's Net Operating Income (NOI) currently stands at $162,684. This single-story structure offers a stable income stream with significant potential for future growth. The property's APN is 291-2907-312-0985. This is an ideal acquisition for investors seeking a well-located, fully occupied office building in a thriving Wisconsin market. The property's location in Marathon County provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a stable, high-performing asset with a proven track record. The current lease structure provides immediate cash flow, minimizing risk and maximizing return on investment. Don't miss this chance to add a valuable asset to your portfolio.

Property Features for 7100 Stewart Ave

General Information

Property type
Office buildings
Square Feet
13,000 SF
Class
B
Lot Size
219,542 SF

Building Details

Year Built
1991
Stories
1

HighLights

  • $1,900,593 asking price.
  • 13,000 square foot Class B office building.
  • Gross lease, single tenant, 100% occupancy with 2 years remaining.
  • $146.20 price per square foot.
  • 7.26% cap rate, $162,684 NOI.
  • Located on a 5.04‑acre lot at 7100 Stewart Ave, Wausau, WI 54401.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Crime Laboratory State Government Office

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Auto Repair Shop Clothing Store Nail Salon Wholesale Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Wausau
County
Marathon
State
Wisconsin
Longitude
-89.7243727
Latitude
44.955873

FAQs

What type of property is this?
Office building - 13,000 SF Office Building, 7.26% Cap Rate
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 $1,900,593.
What are key features of this property?
This property features: $1,900,593 asking price.; 13,000 square foot Class B office building.; Gross lease, single tenant, 100% occupancy with 2 years remaining.
More about this property
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