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2875 Village Road, Portage, WI 53901
$1,299,000
2875 Village Road, Portage, WI 53901View this property at 2875 Village Road, Portage, WI 53901
2875 Village RoadPortageWI53901
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Property Description
Built in 2003, this multi-tenant building with a newly signed Social Security Lease is available. Tenants include Social Security 5,064 Square Feet, Department of Workforce Development 892 Square Feet and 1,873 Square Feet of vacant space. The Social Security lease features annual CPI rent increases using the standard GSA leasing structure where any increase in expenses will be covered by the Consumer Price Index increase for the following year. The Social Security just renewed their lease for 10 years, 5 years of which are firm showing their commitment to this site and location. The Department of Workforce Development recently exercised their three-year renewal extending their lease through December 31, 2025. The seller is currently installing a new roof top / AC unit as part of the Social Security Lease renewal. This is a prime location located just off Interstate 39 near many national and regional retailers including Wal-Mart, Kwik Trip, Festival Foods, Northridge Plaza, Goodwill, Tractor Supply, Pizza Ranch, Culvers as well as Madison Area Technical College ? Portage,and Aspirus Divine Savior Hospital.
Full Property Details
Full Property Details for 2875 Village Rd
General
- Price: $1,299,000
- Status: Active
- Type: Office
- MLS ID: 22234448
- Updated: 3/15/2024
- Added to Site: 215 day(s) ago
Parking
- Parking Features: Shared, Parking Garage
Location
- Municipality: Portage
- County: Columbia
- Driving Directions: Village Road
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air, Central Air
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Description/Design: Freestanding
- Exterior Const.: Brick, Brick/Stone
- Roof: Rubber/Membrane, Rubber/Membrane
- Square Feet: 9,000
- Square Feet Range: 5001 or More
- Year Built: 2003
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 50000+, 1.15
- Lot Size Range: 1 to 4.99 Acres
- Zoning: Commercial
Listed by Wimmer Real Estate, LLC
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Schools
Schools serving 2875 Village Rd
School District:Portage Community School District
Rating | Name | Grades | Distance |
---|---|---|---|
2600 Woodcrest Dr, Portage, WI 53901 | 2-5 | 0.6 mi | |
Woodridge Elementary School
333 E Slifer St, Portage, WI 53901 | K-1 | 0.7 mi | |
W11195 State Road 127, Portage, WI 53901 | K-5 | 4.7 mi | |
2505 New Pinery Rd, Portage, WI 53901 | 6-8 | 0.6 mi | |
301 E Collins St, Portage, WI 53901 | 9-12 | 0.5 mi | |
414 S Church St, Endeavor, WI 53930 | PK-5 | 9.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2875 Village Rd
Date
Details
Price
Change
Source
9/26/2023
Listed
$1,299,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2875 Village Rd
2875 Village Road, Portage, WI 53901 (MLS# 22234448) is a Office property. 2875 Village Road is currently listed for $1,299,000 and was received on September 26, 2023. Want to learn more about 2875 Village Road? Do you have questions about finding other Office real estate for sale in Portage? You can browse all Portage real estate or contact a Coldwell Banker agent to request more information.