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2875 Village Road,  Portage,  WI  53901 $1,299,000 Active
2875 Village Road,  Portage,  WI  53901
$1,299,000
Active
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 Property Type Business/Commercial
 Parcel # 11271 3091.06
 County Columbia
 Sub Area
 Municipality
 MLS# 22234448
 Listing Date 09/15/2023

MLS Public Remarks  Built In 2003, This Multi-Tenant Building With A Newly Signed Social Security Lease Is Available. Tenants Include Social Security 5,064 Square Feet, Department Of Workforce Development 892 Square Feet And 1,873 Square Feet Of Vacant Space. 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 Seller Is Currently Installing A New Roof Top / Ac Unit As Part Of The Social Security Lease Renewal. 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.
LOCATION  
  • Location  City
  • Other Marketing Area  Other
  • Mailing City  Portage
  • C/T/V  City
  • Unit #  
  • Directions  Village Road
    • BUILDING DESCRIPTION  
  • Real estate for sale  Y
  • Business for sale  
  • For lease only  
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  3
  • Building Gross SqFt  9,000
  • Net Leasable SqFt  0
  • Year Built  2003
  • Source for Year Built  ACTIVE
  • Approx Bldg Dimen  
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  
  • # of Stories  0
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.0
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  0
  • Net Taxes  
  • Tax Year  0
  • Improvements  $0
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 - 0 0 $0 $0 $0 0
    2 - Portage 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central Air, Forced Air
  • Water/Waste  Municipal Sewer, Municipal Water
  • Basement  
  • Fuel  
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type  Free Standing
  • Exterior Treatment  Brick, Brick/Stone
  • Building Parking  Parking Garage, Shared
  • Roofing  Rubber/Membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business District, Near Major Highway
  • Tenant Pays  
  • Present Use  
  • Licenses  
  • Lease Type  
  • Occupied by  Long Term Tenant
  • Sale Includes  Lease Type: Gross, Real Estate
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Wimmer Real Estate, Llc