2725 Mall DrEau Claire, WI 54701

Property Details for 2725 Mall Dr

Year built

1972

Lot size

9.93 AC

Property size (Sq ft)

92,339 SF

Zone code

C3

Property type

Office buildings

APN

15-2346-B-000

APU

152346B000

Description

This 91,000 square foot Class B medical office building, constructed in 1970, is situated in Eau Claire County, Wisconsin, at 2725 Mall Dr, 54701. Currently offering 50,000 square feet of vacant space, this multi-tenant property boasts excellent highway visibility and ample parking. The building features a diverse tenant mix, including a yoga studio, gym, massage therapy, IV therapy, and counseling services, creating a synergistic environment ideal for health and wellness businesses. However, the available space is adaptable and can accommodate various office uses. The flexible layout allows for customized space configurations to meet specific business needs. Located on Eau Claire's south side, this property offers a central and convenient location. The gross lease rate is $19 per square foot, presenting an attractive opportunity for businesses seeking affordable and strategically located office space in a thriving community. The building's existing tenant base creates a built-in client pool and fosters a collaborative atmosphere.

• CAP approach

  CAP return

  Valuation

  6%

  $16,977,004

  6.5%

  $15,671,080

  7%

  $14,551,717

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,712,982

  Geo Method

  $4,712,982

• Alternative Use

  Use

  Valuation

  Residential

  $19,432,140

  Hospitality

  $17,799,736

  Educational

  $14,809,171

  Medical

  $15,318,481

  Retail

  $23,036,488

Location Insight

City

Eau Claire

County

Eau Claire

State

Wisconsin

Latitude

44.7913

Longitude

-91.4599

CBSA code

20740

CBSA name

EAU CLAIRE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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