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Property Description

Built in 2003, this multi-tenant building with a newly signed Social Security Lease is available. Tenants include Social Security, Department of Workforce Development, Hearing Care Associates, Wilkinson Law. The Social Security lease features annual CPI rent increases using the standard GSA leasing structure where any increase in expenses will be covered by the Consumer Price Index increase for the following year. The Social Security just renewed their lease for 10 years, 5 years of which are firm showing their commitment to this site and location. The Department of Workforce Development recently exercised their three-year renewal extending their lease through December 31, 2025. The property features a new roof top / AC unit and 3M solar film to reduce future operating expense. This is a prime location located just off Interstate 39 near many national and regional retailers including Wal-Mart, Kwik Trip, Festival Foods, Northridge Plaza, Goodwill, Tractor Supply, Pizza Ranch, Culvers as well as Madison Area Technical College – Portage and Aspirus Divine Savior Hospital.

Features
1
Additional Information
11271 3091.06
Portage, City Of
Village Dr

Commercial/industrial For Sale

2875 VILLAGE ROAD, Portage, City of, Wisconsin 53901

9,000 Sqft
$995,000
Listing ID #22405062
Courtesy of WIMMER REAL ESTATE LLC
Basic Details
Property Type : Commercial/industrial
Sub-Type : Real estate for sale
Listing Type : For Sale
Listing ID : 22405062
Price : $995,000
Square Footage : 9,000 Sqft
Lot Area : 1.15 Acre
Year Built : 2003
Country : US
State : WI
County : Columbia County
City : Portage, City of
Area : Other
Zipcode : 53901
DOM : 375
Status : Active
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Disclaimer: Information contained herein must be verified by user/buyer.
Real estate data provided by Central Wisconsin Multiple Listing Service Inc. (CWMLS) unauthorized use of this data is prohibited.
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