1110 Prairie Street Pending

Prairie Du Sac,WI 53578

$ 1450000

- Bed

- Bath

5900 SqFt


Key Details

Property Type Commercial

Sub Type Office(s)

Listing Status Pending

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $245

MLS Listing ID 1994695

Year Built 2000

Annual Tax Amount $20,402

Tax Year 2023

Lot Size 1.030 Acres

Acres 1.03

Property Sub-Type Office(s)

Property Description

Investment Opportunity - in the heart of Prairie du Sac - 1110 Prairie Street, a prime Medical Office Building with a long-term tenant, SSM Health Davis Duehr Dean Eye Care. Boasting a well-maintained structure, this property features a 5,900 SF building on a spacious 1.03-acre lot, offering a solid NOI of $114,061 and an attractive CAP rate of 7.9%. Single Tenant Net Lease, with SSM Health holding a ten-year NNN lease since 2017, with potential for a five-year extension. Well located in the Sauk Prairie community, this dual town area is home to approximately 7,800 residents, ensuring a consistent flow of patrons for the clinic. This is an excellent opportunity to acquire a reliable income-producing asset in a stable tertiary Wisconsin market.

Location

State WI

County Sauk

Zoning Commercial

Rooms

Basement None,None / Slab

Interior

Heating Natural Gas

Cooling Forced Air,Central Air

Exterior

Roof Type Composition/Fiberglass

Building

Dwelling Type Free Standing

Sewer Municipal Water,Municipal Sewer

New Construction N

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