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Property profile & analytics
OFF-MARKET Estimated value $950,000
Commercial real estate

100 8th St Monroe, WI 53566-1021

0.91 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-0913512
Property summary
AI-generated overview

This exceptional investment opportunity presents a 7,015-square-foot, single-story, multi-tenant office building situated on a 0.907-acre lot in Monroe, Wisconsin. Built in 2009 and renovated in 2022, the property boasts a new roof and HVAC system for the Department of Administration. Currently enjoying 100% occupancy, the tenant roster includes a mix of high-quality, creditworthy businesses: SSM Health (bond-rated, lease expiring 5/31/2029 with a two-year option), the State of Wisconsin DMV (bond-rated, lease expiring 12/25/2025 with a two-year option), and QPS Employment Group, Inc. (lease expiring 7/31/2027 with a two-year option). The property benefits from prominent West 8th Street frontage and building signage. The strong tenant base, coupled with a significant rent escalator in the SSM Health lease (32% increase in 2025), projects a substantial increase in Net Operating Income (NOI). The 2024 NOI is $82,020.91, with an estimated NOI of approximately $95,270 in July 2025, representing an 8% capitalization rate. The asking price for this well-maintained, high-occupancy property is $1,190,000. This is a rare opportunity to acquire a stable, income-producing asset with significant upside potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.91 ac (39,509 SF)
APN 23-251-2397.0810
UPID US92-0913512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SSM Health Monroe Express Clinic Medical Clinic
  • DAVID L REBEDEW Pediatrician Physician
  • Kelsey Schmidt Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$950k
Owner & transaction history
Franklin Realty Partners LLC · 1 yrs held
Franklin Realty Partners LLC
since 2025
Last sale
$1.1M
1 recorded transaction
2025
$1.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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