1730 7Th StWisconsin Rapids, WI 54494

Property Details for 1730 7Th St

Lot size

0.59 AC

Property type

Commercial real estate

APN

3411741

APU

3411741

Description

This fee-simple medical office building in Wisconsin Rapids, WI, presents a compelling investment opportunity. The 8,788 square-foot property, built in 1982 and situated on a 0.88-acre lot at 1730 7th St S, 54494, boasts 100% occupancy with a strong, long-term tenant: Midwest Dental, an affiliate of Smile Brands, a large dental support organization with over 700 locations nationwide. Midwest Dental recently exercised a lease extension, securing their presence for 4.2 years. The property offers a compelling 9.50% cap rate and a net operating income (NOI) of $62,609, with an asking price of $659,046 ($74.99/sq ft). Its prime location across from national retailers like Pizza Hut, Jimmy John's, Dunkin', and McDonald's ensures high visibility and accessibility. The tenant's established presence and the growing dental support organization market make this a low-barrier-to-entry investment with significant potential for long-term returns. The property is classified as Medical Office, Executive Office, and Creative Office, offering versatility. This is an exceptional opportunity to acquire a stable, high-performing asset in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $5,329,706

  Hospitality

  $4,881,982

  Educational

  $4,061,752

  Medical

  $4,201,442

  Retail

  $6,318,281

Location Insight

City

Wisconsin Rapids

County

Wood

State

Wisconsin

Latitude

44.379

Longitude

-89.8188

CBSA code

49220

CBSA name

WISCONSIN RAPIDS-MARSHFIELD, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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