Matthews Logo

Navigation Menu

555 Lester Ave, Onalaska, WI, 54650

US Fish & Wildlife Services

$5,300,000

Key Information

Cap Rate
9.36%
$ per SF
$189
Tot. SF
28,000
Lot Size
2.77 Acres
Year Built
1994 / 2018 (r)
Type
Office
NOI
$496,248

Highlights

• 4 On–Site Laboratories – The two largest labs on site are named the La Cross Fish Health Center and the Whitney Genetics Laboratory. Both are specialized labs meant to assist fish health inspections, DNA processing, and pathogen monitoring for National Fish Hatcheries.
• ±$200,000 Rent TI Renovations – From new HVAC units, new LED light upgrades, new parking lot seal coatings, new entry doors, vinyl flooring, etc. has been done to meet GSA’s needs for this facility.
• One of Six Facilities In The US – There are 6 Fish Health Centers in the United States under US Fish and Wildlife, with this facility being the only one in the Midwest.
• Central Hub for Conservation – The US government manages over 260 miles of ecosystems along the Upper Mississippi Basin, which includes the Wisconsin DNR Mississippi River Team, US Geological Survey, and this USFW facility in Onalaska.
• Below Replacement Cost – At only $189/ SF at full list price, this site is well below replacement cost to build a new facility for USFW, especially with this amount of lab space.
• Debt financing available through River Bank in La Crosse, WI at a 5.65% blended interest rate.

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 51983-90, 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203