100 8th St Monroe, WI 53566-1021
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.
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SSM Health Monroe Express Clinic Medical Clinic
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DAVID L REBEDEW Pediatrician Physician
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Kelsey Schmidt Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.