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400 Viking Drive

Reedsburg, WI 53959
$2,200,000
2.50
Acres
$2,200,000
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400 Viking Drive

Reedsburg, WI 53959
$2,200,000
price reduced
1/3
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Fully leased single tenant NNN investment property with zero Landlord responsibilities. The existing lease with Vierbicher goes until February 2023 and has a 3 % annual rent escalator. The site is 2.5 acres and the building (built in 1990) is 19,650 sq. ft. There is an ability to add on to the north end of the building for an additional value add. Positioned at the intersection of Viking Drive and Huntington Park Drive adjacent to other professional office and retail tenants. Rare opportunity to buy an investment property with a single tenant at a 10% cap rate.

2.50
Acres
MLS#: 1826079
Listed by Wisconsin Commercial Real Estate, LLC
$2,200,000
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Fully leased single tenant NNN investment property with zero Landlord responsibilities. The existing lease with Vierbicher goes until February 2023 and has a 3 % annual rent escalator. The site is 2.5 acres and the building (built in 1990) is 19,650 sq. ft. There is an ability to add on to the north end of the building for an additional value add. Positioned at the intersection of Viking Drive and Huntington Park Drive adjacent to other professional office and retail tenants. Rare opportunity to buy an investment property with a single tenant at a 10% cap rate.

  • Neighborhood
  • Type
  • Tax Amount
    $39,054
  • Status
    Active
  • MLS#
    1826079
  • Built
    1990
  • Lot Size
    2.50 Acres
  • Listed on site
    235 days

Listed by:
Wisconsin Commercial Real Estate, LLC

Source:
South Central Wisconsin MLS

Property details

Community Features

  • No HOA

Exterior features

  • Has garage
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