491 S Washburn St - Medical FOR SALE


Oshkosh, WI 54904
$5,150,500 USD
920-212-7000
491 S Washburn St, Oshkosh, WI for Sale
$5,150,500 USD
Medical - FOR SALE
1/26
null | 6.57% Cap Rate

491 S Washburn St
Oshkosh, WI 54904


HIGHLIGHTS

  • Diverse Tenant Base
  • High-Quality Professional Environment
  • Strategic Location - Easily accessible

OVERVIEW

This 22,685 SF multi-tenant property represents a stable and diversified investment opportunity, fully occupied by a mix of professional and healthcare tenants. Anchored by ThedaCare Cancer Center under a triple net lease with a recent extension, the property ensures long-term financial stability. Additional tenants include Suttner Accounting, which also extended its lease, and Cumulus Broadcasting, operating under gross leases, catering to a variety of healthcare, business, and media service needs. The property provides value-focused services, highlighted by ThedaCare Cancer Center, which delivers critical healthcare solutions to the community, attracting patients and visitors who prioritize accessibility and quality. Complementing this, Suttner Accounting offers professional business services, while Cumulus Broadcasting enhances the tenant mix with reliable media offerings. Together, these tenants ensure a strong, multi-faceted appeal to the local market. Designed for a professional environment, the property features modern amenities, including a dedicated patient pickup/drop-off area for convenience and recent upgrades such as interior finishes in 2024 and a medical build-out in 2018 tailored to healthcare needs. These enhancements create an aesthetically pleasing, functional space that attracts organizations seeking high-quality, adaptable facilities. Located in a strategic high-traffic corridor in Oshkosh, the property enjoys exceptional highway visibility and accessibility, making it convenient for tenants and visitors alike. Proximity to key commercial and retail hubs enhances its appeal, drawing consistent foot traffic and community engagement. The flexible multi-tenant layout and combination of NNN and gross leases foster long-term occupancy and satisfaction, ensuring the property remains a robust and adaptable investment.

FOR SALE DETAILS

PRICE

$5,150,500 USD

PRICE/SF

$202 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

101

LAND DETAILS

LAND ACRES

2.48 AC

LAND SF

108,029 SF

ZONING

SMU

APN/PARCEL ID

906-14680000

ASK ABOUT THIS PROPERTY

Thomas ThomsenNyla GroupMore Info
920-212-7000

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Thomas ThomsenNyla GroupMore Info
920-212-7000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.