For Sale
$995,000

525 Handeyside LnFort Atkinson, WI 53538

Multi-tenant medical office, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a ±9,217 square foot, multi-tenant medical office building situated on a 0.864-acre lot in Fort Atkinson, Wisconsin. Currently 58% occupied, the building boasts a strong net operating income (NOI) of $25,164. Constructed in 2004, this property features Institutional zoning and benefits from a prime location near Fort Memorial Hospital and numerous medical clinics. The building enjoys convenient access to the Hwy 26 and Hwy 12 interchange, providing easy connectivity to Johnson Creek, Jefferson, and Whitewater. Anchored by Davita, Inc., with a significant lease term remaining, this property offers immediate cash flow and long-term growth potential. The surrounding area includes a variety of retail amenities such as Pick 'n Save, Festival Foods, Walgreens, Sherwin-Williams, Family Dollar, and Niemann Ace Hardware. The asking price is $995,000, translating to $107.95 per square foot. The property's address is 525 Handeyside Ln, Fort Atkinson, WI 53538, with APN 226-0614-3434-043. This is an ideal acquisition for investors seeking a stable, income-producing asset in a thriving medical corridor.

Highlights

  • $995,000 asking price.
  • 9,217 square foot medical office building.
  • 58% occupancy with a strong anchor tenant (Davita) with significant lease term remaining.
  • $25,164 Net Operating Income (NOI).
  • Located in Fort Atkinson, WI, on a 0.864-acre lot.
  • Built in 2004, with Institutional zoning.

Property Details for 525 Handeyside Ln

Property type
Office properties, Medical offices
Square Feet
9,217 SF
Year Built
2004
Lot Size (sq. ft)
37,636 SF

Location Insight

City
Fort Atkinson
County
Jefferson
State
Wisconsin
Latitude
42.9356562
Longitude
-88.8292266
525 Handeyside Ln, Fort Atkinson, Wisconsin

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525 Handeyside Ln
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