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2300 US Highway 51 and 138 64,250 SF 100% Leased Office Building Stoughton, WI 53589 $8,156,750 CAD ($126.95 CAD/SF) 7.47% Cap Rate
INVESTMENT HIGHLIGHTS
- 7.5% Cap Rate
- High Quality Buildout
- Constant Foot Traffic
- High Visibillity and High Acessibility
- Floursihing Market
- 27 Foot Ceilings
EXECUTIVE SUMMARY
Cap Rate of 7.5%! Stoughton Wellness and Athletic Center (SWAC), a premier Midwest athletic hub, sits on a 5-acre, high-visibility site in thriving Stoughton, WI. This 64,250 sq. ft. facility boasts a spacious lobby, elegant restrooms, and a 4-court gymnasium hosting 120,000+ annual participants through Sports Enhancement Academy’s volleyball and basketball leagues and 40+ tournaments. It houses the nation’s largest Anytime Fitness (2,000+ members), Stoughton Hospital, Famous Yeti’s Pizza, Basecamp Arcade, The Heights Banquet Hall and Stoughton Eye Care. With 179 parking stalls and an additional lot that could likely fit a 20-unit residential building with underground parking, this listing offers exceptional value at just over $90/sq. ft., including land and the additional buildable lot.
DATA ROOM Click Here to Access
- Operating and Financials
- Miscellaneous
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
64,250 SF
Building Class
B
Year Built
2007
Price
$8,156,750 CAD
Price Per SF
$126.95 CAD
Cap Rate
7.47%
NOI
$609,417 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
64,250 SF
Building FAR
0.31
Lot Size
4.82 AC
Zoning
G2 - Flexible zoning allowing retail, office, and service uses; strong visibility; shared parking; designed for attractive, coordinated development.
Parking
179 Spaces (2.79 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Food Court
- Security System
- Signage
- Wheelchair Accessible
- Outdoor Seating
- Air Conditioning
- Smoke Detector
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,027,600 CAD | |
| Land Assessment | $616,595 CAD | Total Assessment | $5,644,195 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$616,595 CAD
Improvements Assessment
$5,027,600 CAD
Total Assessment
$5,644,195 CAD
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2300 US Highway 51 and 138
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