919 Fairfax - Altoona, WI

Property Type: Office building
Subtype: Executive Office, Traditional Office
Investment Type: Stabilized
Class: B
Lease Type: Gross
Tenancy: Multi-tenant
Number of Tenants: 8
Square Footage: 7,900
Net Rentable (sq ft): 7,800
Occupancy: 100%

Units: 10
Buildings: 1
Stories: 2
Zoning: Commercial
Lot Size (acres): 0.8
Parking (spaces): 20

Trillium Commercial Realty is pleased to present this 100% leased commercial building. This two-story office property comprises 10 units and is situated on a spacious 0.8-acre lot. With all units occupied and generating a net operating income of $45,000, this stabilized asset promises a solid return. Additionally, the ideal location and ample parking make it an attractive option for both tenants and investors.

Currently the owner includes water/sewer, parking, heat, electric, lawn care and snow removal in the rent. Tenants pay for any other utilities they may need i.e.: phone/internet.

Owner is open to discussing buying the south building with a lease back.

Contact Jake Tanner at 715-456-5923 for lease details and investment inquiries.

Current Leases and Situation per Suite

101 - Salon.  Have leases but they are month to month at this time
103 -   Construction - Tenants since 2/22.  Looking to expand.  Trucking company.
200 -  Excavating - New tenant with one year lease starting 1/1/24.
202 - Assist to Sell.  Tenants lease began prior to 10/2008
203 - Massage Therapist.  Tenant since 2/1/22.
204 - Sells merchandise.  New tenant with one year lease starting 1/26/24.
205 - Accountant.  Tenant since 10/15/20
208 - Permanent Cosmetics - Tenant since 11/1/2013.
209 - AMK Cleaning Services - Tenant since 6/1/23.
210 - Marissa Couch - dba Ken Frei Insurance, dba Lillie-Couch Insurance.  Tenant since 5-11-23. One year lease.