Investment Opportunity

710 S. Dewey · 610 Gibson

Office Properties

Investment Summary - At A Glance (7 S. Dewey & 610 Gibson)

Price $3.85 million

GLA 38,504 SF

Lot Size 120,622 SF

NOI (Projected) $299,328.00

CAP Rate 7.77%

Occupancy 91%

Brokerage | Development | Property Management w w w . c o m m o n w e a l d c . c o m

The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is

made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.

Commonweal Development Corporation is pleased to present two first-class office building for sale in downtown Eau Claire.

This investment portfolio consists of two adjacent office buildings on the Eau Claire River. One of the building is located at 7 S. Dewey street which is a 26,500 SF multi-tenant office building that offers contemporary design and spacious office suites. The other is located at 610 Gibson is a 18,500 SF office building that is 100% leased to the State of Wisconsin, with occupancy by Department of Human Services and Department of Revenue.

Call for more details on this attractive investment opportunity.

Jamie Radabaugh

P: 715.832.8707 | F: 715.832.1180

jradabaugh@commonwealdc.com

Riverfront Terrace Apts. - 111 Units

New

JAMF

GreenTree Suites

Haymarket Landing - 119 Units + Commercial

Confluence Arts Center

Lismore Hotel/Conference Ctr

7 S. Dewey

610 Gibson

Brokerage | Development | Property Management w w w . c o m m o n w e a l d c . c o m

Downtown Eau Claire - Existing & Proposed Projects

*Outlines are approximate and do not represent actual survey lines.

The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is

made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.

Haymarket Landing currently under

construction. Mixed use building featuring

119 Units plus commercial space

overlooking the river.

72,500 SF JAMF Software building

constructed in 2014 in Downtown Eau

Claire.

Lismore Hotel & Conference Center

currently under renovation, partnered with

Hilton Double Tree brand.

Green Tree Inn & Suites under renovation to

become unique boutique hotel.

Riverfront Terrace added 57 modern

apartments to the area in 2014.

Demographics

3 Miles 5 Miles 10 Miles

Population 60,223 83,010 109,549

Average HH Income $54,572.00 $58,290.00 $60,667.00

Med. HH Income $40,575.00 $44,377.00 $47,647.00

JAMF Software, Downtown Eau Claire

Haymarket Landing, Opens 2016

Library

City Hall

US Bank

Chamber Building

Banbury Place

RCU Corporate Office

Brokerage | Development | Property Management w w w . c o m m o n w e a l d c . c o m

Property & Lease Summary

7 S. Dewey Street

Location: 7 S. Dewey Street, Eau Claire, WI

Zoning: CBD - Central Business District

Building Size: 26,500 SF +/- Rentable 20,344 SF

Lot Size: 30,487 SF - .70 Acres

Year Built: 1998

Tenants: SDS Architects, Invisible Connect,

RBC Wealth Management

Vacancy: 3,500 Square Feet

Lease Type: Gross

Total Annual Rent/Gross

Potential Rent:

$247,114.50/$269,715.00

Lease Term: SDS - 11/30/2015

RBC - 09/30/2018

Invisible Connect - 06/30/2015

Maintenance & Utilities (2014): $94,647.00 - $3.57/SF

Taxes (2014): $37,873.90 - $1.43/SF

Insurance (2014): $3,648.00 - $0.14/SF

The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is

made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.

Jamie Radabaugh

P: 715.832.8707 | F: 715.832.1180

jradabaugh@commonwealdc.com

Brokerage | Development | Property Management w w w . c o m m o n w e a l d c . c o m

The above information has been obtained from various sources that we deem reliable. Although we have no reason to doubt its accuracy or completeness, no representation or warranty is

made by Commonweal Development Corporation regarding the information. This submission may be modified or withdrawn at any time by the property owner.

Jamie Radabaugh

P: 715.832.8707 | F: 715.832.1180

jradabaugh@commonwealdc.com

Property & Lease Summary

610 Gibson Street

Location: 610 Gibson Street, Eau Claire, WI

Zoning: CBD - Central Business District

Building Size: 18,500 SF +/-

Lot Size: 90,175 SF or 2.07 Acres

Year Built: 1998

Tenants: Department of Human Services

Department of Revenue

Vacancy: NA

Lease Type: Full Service

Total Annual Rent: $369,219.58

Lease Term: DHS - 06/30/2019

DOR - 11/30/2018

Maintenance & Utilities (2014): $86,275.00 - $4.66/SF

Taxes (2014): $48,743.87 - $2.64/SF

Insurance (2014): $2,655.00 - $0.14/SF