5541 STATE HIGHWAY 10 EAST Stevens Point, WI 54482

Phenomenal investment opportunity with long term leases already in place! NOI of $90,123, equating to a 7.5% cap rate! High visibility, easy access, state Highway 10 location, with daily traffic counts of 26,000+. High quality, commercial grade construction, featuring concrete free span floor system. Impeccably maintained! Building currently at 100% rental capacity with two long term tenants. Building is currently condo minimized into three units. Tenant 1 is a dental center with a NNN lease for units 1 & 2( all main of main floor and partial lower level)until September 2nd 2030, with (2) five year options available at maturity. Tenant 2 is a counseling center with a gross lease for Unit 3(partial lower level) maturing June 30th, 2023- this tenant has been in place for 25 years.,High quality professional office environment. Main floor(unit 1- tenant 1) designed for facilitation of modern dental center with multiple exam rooms(plumbed for water and nitrous oxide), consultation room, waiting and greeting area,, sterilization station, two public restrooms, staff restroom, and private office and bathroom, for a total of 3908sf. Unit 2, also leased by tenant 1, consists of a breakroom, laundry/changing room, raw storage, and mechanical rooms, for a total of 1715sf. Unit 3 has dual entry, and consists of a lobby/greeting area, six offices, and storage, for a total of 2332sf. Building is ADA compliant. All dental related equipment and personal property not included with sale. Parking lot offers 34 parking spaces and was resealed in 2020. New roof shingles installed in 2017. This incredible property provides the new investor with years and years of great operating income. Call today for a private showing!