Wausau Office Building For
For Sale
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7100 Stewart Ave, Wausau, WI 54401
Office building for sale in Wausau, Wisconsin.
Property Size13,000 SF
Price / SF$120.89
Days on Market2251
Property Features for 7100 Stewart Ave
General Information
Standard status
Active
Size
13,000 SF
Class
B
Property subtype
Office
Occupancy
100%
Lease Type
Gross
Net Operating Income
$205,615
Building Details
Year Built
1991
Stories
1
Tenancy
Single
Listing Agency:
NAI Pfefferle
Listed By:
T.J. Morice, SIOR · License #WI 89917-94
Source:
Crexi
Added: Aug 31, 2020
Changed: Oct 25
Last Checked: Oct 28 at 7:22AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$129,589
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,591,780
$2.6M
Cap Rate 7%
$1,851,271
$1.9M
Cap Rate 9%
$1,439,878
$1.4M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$221.5K $17.04/SF
− Vacancy
−$48.7K −$3.75/SF
EGI
$172.8K $13.29/SF
− OpEx
−$43.2K −$3.32/SF
NOI
$129.6K $9.97/SF
Area
Marathon County, WI
Vacancy
22.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,591,780
Cap Rate 7%
$1,851,271
Cap Rate 9%
$1,439,878
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
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Business Placement
Demographics for 54401, WI
31,727
Population
14,230
Households
2.2
Avg Household Size
40
Median Age
31%
College-Educated
91%
High-School Grad
84.2 sq mi
ZIP Area
377
Density / Sq Mi
$69,542
Median Household Income
$40,796
Median Earnings
$969
Median Rent
$186,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
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
