Marcus & Millichap Sells US Army Reserve Site In Eau Claire, WI For $1.54M
3810 Mcintyre Avenue Eau Claire, Wisconsin 54703, USA
$1,543,318
$77/SF
Building Size
20,000 SF
Asset Type
Office
Closing
Jun 7, 2023
AI
The US Army Reserve Area Maintenance Site in Eau Claire, WI has been sold in a recent transaction. The net-leased property encompasses 20,000 square feet and was sold for a total price of $1,543,318. The property is located at 3810 McIntyre Avenue in Eau Claire, WI, which resides within the market of Eau Claire. The sale price per square foot is approximately $77.
Summary of transation details
- Property Type: Office
- Transaction Amount: $1,543,318
- Address: 3810 McIntyre Avenue, Eau Claire, WI
- Market: Eau Claire, WI
- Square Footage: 20,000
- Price per Square Foot: $77
The sale of the US Army Reserve Area Maintenance Site was facilitated by Tom Gommels, Christopher Biuso, Rory Shelby, Scott Gould, and Todd Lindblom from Marcus & Millichap. They represented the buyer, a limited liability company, which was procured by investment specialists from Marcus & Millichap's Orlando office.
Players
Eau Claire Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.28%
Cash-on-Cash
-2.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93