Kwik Trip Inc Acquires 66,000 SF Office Building In Onalaska, WI For $10M
2700 Midwest Drive
$10,000,000
$151/SF
Building Size
66,000 SF
Asset Type
Office
Closing
Oct 16, 2023
About this deal
AI
A three-story, 66,000-square-foot office building located at 2700 Midwest Drive in Onalaska, Wisconsin has been sold for $10 million. The sale was facilitated by Coldwell Banker Commercial River Valley.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $10,000,000
- Square Footage: 66,000
- Price per Square Foot: $152
- Address: 2700 Midwest Drive, Onalaska, WI
- Market: Onalaska, WI
The buyer of the property is Scott Zietlow, representing Kwik Trip Inc, while Ron Houser, representing Midwest Investment I LLC, was the seller. Chuck Olson from Coldwell Banker acted as the broker in this transaction.
Players
Midwest Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Visit Coldwell Banker to view all their deals.
Browse Wisconsin office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93