1590 Macauley Avenue, Rice Lake, WI 54868

Property Description

We are pleased to present Home Medical Building, a premier industrial warehouse and distribution facility located at 1590 Macauley Avenue in Rice Lake, Wisconsin. This exceptional asset offers investors a rare opportunity to acquire a functional, well-maintained property. Tenant is a stable, well established commercial tenant who has occupied the building since 12/1/2021. Their current lease expires 11/30/2027. $40,635 NOI, 10.29% CAP, full NNN lease. Home Medical, an Adapt Health Company is a network of full-service medical equipment companies that use tailored products and services to empower patients to live their best lives ? out of the hospital and in their homes. They are a local retailer of oxygen equipment, wheelchairs, and other supplies. Strategically located in the Rice Lake, Wisconsin industrial corridor, the property offers easy access to major highways. There is plenty of employee and customer parking on a newly surfaced asphalt parking lot.