• Broker T.J. Morice 7152612922

2187 N Stevens St 18,500 SF 100% Leased Office Building Rhinelander, WI 54501 $2,800,012 ($151.35/SF) 7.75% Cap Rate

View Photo

ATTACHMENTS

Badger housing portfolio of 10

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
18,500 SF
Building Class
C
Year Built
2006
Price
$2,800,012
Price Per SF
$151.35
Cap Rate
7.75%
NOI
$217,131
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,500 SF
Building FAR
0.14
Lot Size
3.08 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
109 Spaces (5.89 Spaces per 1,000 SF Leased)

PROPERTY TAXES

Parcel Number 27601-9328-1201 Improvements Assessment $1,626,200
Land Assessment $402,700 Total Assessment $2,028,900

PROPERTY TAXES

Parcel Number
27601-9328-1201
Land Assessment
$402,700
Improvements Assessment
$1,626,200
Total Assessment
$2,028,900

MAP