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FOREFRONT DERMATOLOGY MOB 1990 Godfrey Dr

10,605 SF 80% Leased Office Building Waupaca, WI 54981 $1,200,000 ($113/SF) 10.50% Cap Rate

Medical Offices Wisconsin Waupaca 1990 Godfrey Dr, Waupaca, WI 54981

Investment Highlights

  • Vacant Space for Lease: The property currently features unoccupied space that is ready to be leased out to prospective tenants
  • Facility Condition: The building is in outstanding physical condition, featuring well-maintained infrastructure and modern amenities that make it high
  • NNN Lease Structures: The property offers Triple Net (NNN) lease options, which shift the responsibility for property taxes, insurance, and maintenanc

Executive Summary

Broker of Record
Matthew M. Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
10,605 SF
Building Class
B
Year Built
2005
Price
$1,200,000
Price Per SF
$113
Cap Rate
10.50%
NOI
$126,000
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,000 SF
Building FAR
0.05
Lot Size
5.00 AC
Zoning
B4 - Strip Commercial District.
Parking
48 Spaces (4.53 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Natural Light
  • Partitioned Offices
  • Reception
  • Drop Ceiling
  • Wi-Fi
  • Outdoor Seating
  • Air Conditioning
  • Balcony

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Belmont Credit/finance
  • Finance and Insurance
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -

Forefront Dermatology offers the latest innovations in dermatological skincare conditions, skin cancer treatment and detection, and cosmetic treatments in a friendly, professional office where patient needs come first. Their experienced board-certified dermatologists and skin cancer treatment experts take pride in educating patients by providing accurate and complete information, thus helping patients make the right choices for their optimal skin health. They are committed to delivering innovative solutions and exceptional care to meet the dermatological needs of their patients throughout their lifetime.

  • Innovia Consulting
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Belmont Credit/finance Finance and Insurance - - -
Health Care and Social Assistance - - -
Innovia Consulting Professional, Scientific, and Technical Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 103
  • 2,478 SF
  • Office/Medical
  • Full Build-Out
  • Feb 2025
  • 1st Fl-Ste 110
  • 2,418 SF
  • Office/Medical
  • Full Build-Out
  • Jul 2025
  • 1st Fl-Ste 118 Whse
  • 1,491 SF
  • Office/Medical
  • Shell Space
  • Now
  • 1st Fl-Ste 121
  • 1,591 SF
  • Office/Medical
  • Full Build-Out
  • Dec 2027
  • 1st Fl-Ste 133
  • 648 SF
  • Office/Medical
  • Full Build-Out
  • Now
  • 1st Fl-Ste 208 LL
  • 1,979 SF
  • Office/Medical
  • Full Build-Out
  • Jul 2025
Space Size Space Use Condition Available
1st Fl-Ste 103 2,478 SF Office/Medical Full Build-Out Feb 2025
1st Fl-Ste 110 2,418 SF Office/Medical Full Build-Out Jul 2025
1st Fl-Ste 118 Whse 1,491 SF Office/Medical Shell Space Now
1st Fl-Ste 121 1,591 SF Office/Medical Full Build-Out Dec 2027
1st Fl-Ste 133 648 SF Office/Medical Full Build-Out Now
1st Fl-Ste 208 LL 1,979 SF Office/Medical Full Build-Out Jul 2025

1st Fl-Ste 103

Size
2,478 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Feb 2025

1st Fl-Ste 110

Size
2,418 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Jul 2025

1st Fl-Ste 118 Whse

Size
1,491 SF
Space Use
Office/Medical
Condition
Shell Space
Available
Now

1st Fl-Ste 121

Size
1,591 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Dec 2027

1st Fl-Ste 133

Size
648 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 208 LL

Size
1,979 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Jul 2025

Links

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PROPERTY TAXES

Parcel Number 34-27-34-5 Improvements Assessment $1,075,400
Land Assessment $187,000 Total Assessment $1,262,400

PROPERTY TAXES

Parcel Number
34-27-34-5
Land Assessment
$187,000
Improvements Assessment
$1,075,400
Total Assessment
$1,262,400
(866) 889-0550

Contacts

  • Listing ID: 34257071

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: 1990 Godfrey Dr, Waupaca, WI 54981

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FOREFRONT DERMATOLOGY MOB | 1990 Godfrey Dr
(866) 889-0550 x

FOREFRONT DERMATOLOGY MOB | 1990 Godfrey Dr

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Matthew Swanson

(866) 889-0550

(866) 889-0550

Jacob Friedman

(847) 204-7103

(847) 204-7103

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