100 8Th St, Monroe, WI 53566

7,015 SF | 100% Leased | Retail Building | Monroe, WI 53566 | $1,190,000 ($170/SF) | 6.89% Cap Rate

Asking Price $1,190,000

Property Type
Retail
Square Feet
7,015 SF
Price / Square Foot
$170

Listing Contacts

John Walsh

Property Overview

7,015 sq. ft. multi-tenant office/retail building; .907 Acres (39,509 sq. ft.); New roof in 2022; Building signage; New HVAC for DOA; West 8th Street frontage; 100% Occupancy; Tenants include SSM Health (Bond Rated Tenant, lease expiration 5/31/29 with 2 year option), State of Wisconsin, DMV (Bond Rated Tenant, lease expiration 12/25 with 2 year option) and QPS Employment Group, Inc. (lease expiration 7/31/27 with 2 year option); SSM Health great escalators (32% increase in 2025); 2024 NOI: $82,020.91; Built in 2009; Sale Price: $1,190,000

Property Details

Year Built/Renovated
2009/2022
Stories
1
Property Subtype
Storefront Retail/Office, Medical, Office Live/Work Unit
Lot Size (sq. ft)
39,640 SF

Highlights

  • Fully Occupied
  • Bond Rated Tenants

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