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Single-Tenant Office Medical

Premier Care of Wisconsin

23 W Scott St, Fond du Lac, WI 54935

Listing Price: $530,981

Cap Rate
9.50%
Tenant Name
Premier Care of Wisconsin
Years Remaining On Lease
2.1
Gross SF
4,800
Guarantor
National Franchisor
Rentable SF
4,800
Price/Gross SF
$110.62
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.61

Investment Overview

Marcus & Millichap is pleased to present 21-29 West Scott Street in Fond du Lac, Wisconsin. This fully stabilized medical office asset offers 4,800-square-foot condo that is part of a shopping strip anchored by a Family Dollar Store and Children’s Museum of Fond du Lac. The site is occupied by Community Medical Services, otherwise known as Premier Care of Wisconsin. The Care Center operates under a triple-net lease structure, with lease term through 2023, and two five-year options. Additionally, the lease features three percent annual base rent increases, providing an excellent hedge against inflationary pressures. Premier Care is an accredited outpatient treatment center with the focus of opioid treatment and part of the community Medical Services organization. Community Medical Services operates in nine states totaling forty-six locations. Within five miles of the subject location, there are nearly 24,000 households earning an average income of $73,000. This property offers an investor the opportunity to acquire a stabilized, triple-net medical office facility backed by a large healthcare organization. Lease term of over two years remaining and five-year options on the backend of their lease. Tenants providing the rehabilitation services Premier Care does, tend to stay where they are as it can be difficult to relocate due to their patient base.

Investment Highlights

  • Passive Triple Net Lease Structure
  • Three Percent Annual Base Rent Increase
  • Two Five-Year Renewal Options

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s) WI: 56163-90

    Wisconsin

Single-Tenant Office Medical

Premier Care of Wisconsin

Listing Price: $530,981

Cap Rate
9.50%
Tenant Name
Premier Care of Wisconsin
Years Remaining On Lease
2.1
Gross SF
4,800
Guarantor
National Franchisor
Rentable SF
4,800
Price/Gross SF
$110.62
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.61

Investment Highlights

  • Passive Triple Net Lease Structure
  • Three Percent Annual Base Rent Increase
  • Two Five-Year Renewal Options

Investment Overview

Marcus & Millichap is pleased to present 21-29 West Scott Street in Fond du Lac, Wisconsin. This fully stabilized medical office asset offers 4,800-square-foot condo that is part of a shopping strip anchored by a Family Dollar Store and Children’s Museum of Fond du Lac. The site is occupied by Community Medical Services, otherwise known as Premier Care of Wisconsin. The Care Center operates under a triple-net lease structure, with lease term through 2023, and two five-year options. Additionally, the lease features three percent annual base rent increases, providing an excellent hedge against inflationary pressures. Premier Care is an accredited outpatient treatment center with the focus of opioid treatment and part of the community Medical Services organization. Community Medical Services operates in nine states totaling forty-six locations. Within five miles of the subject location, there are nearly 24,000 households earning an average income of $73,000. This property offers an investor the opportunity to acquire a stabilized, triple-net medical office facility backed by a large healthcare organization. Lease term of over two years remaining and five-year options on the backend of their lease. Tenants providing the rehabilitation services Premier Care does, tend to stay where they are as it can be difficult to relocate due to their patient base.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s): WI: 56163-90

    Wisconsin

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