Exceptional Credit Investment Property

Office for Sale
Catylist Listing ID: 30339122
Property Subtypes: Governmental, Office Building
Building Size (RSF): 5,100 SF
Gross Building Area: See Agent
Sale Price: $1,958,000
Unit Price: $383.92 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 6.53%
Last Updated: 12/12/2018

Overview / Comments

• Single Tenant Investment Property.
• Exceptional credit investment property leased to the United States of America,
• General Services Administration (“GSA”).
• Social Security Administration (“SSA”) facility.
• Tenant since 2008
• Ten-year tenant with a new 10-year lease (July 2018).
• Five-year “firm” term.
• 5,100 square foot building on 1.07 acres, offering 26 parking spaces. Zoned “ Commercial” within Rhinelander.
• Well-located in Rhinelander, the county seat of Oneida County, in the beautiful Northwoods of Wisconsin.

Attachments & Media

Current Tenants

Tenant Business Name U.S. Social Security Administration

Additional Details

Nearest MSA: Wausau
County: Oneida

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,288 13,865
Median Age: 39.79 43.04
Households: 3,789 6,105
The information presented herein is provided as is, without warranty of any kind. Neither Northern Illinois Commercial Association of Realtors (NICAR) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.