Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30171807
Property Subtypes: Free-Standing Building
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 28,314 SF
Sale Price: $300,000
Unit Price: $30 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 9.5%
Last Updated: 11/13/2017

Overview / Comments

Great opportunity to invest in a stable, well maintained building with strong tenant history. New roof, ample parking, even 130+ ft. of frontage on Black Otter Lake. Private living quarters in rear of building.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $4,715 (Annual)

Current Tenants

Tenant Business Name Donaldson's Gourmet & Gift
Is Renting? Yes
Suite Number 300
SF of Space Occupied 6,553 SF
Tenant Business Name Surge
Is Renting? Yes
Suite Number 302
SF of Space Occupied 2,750 SF

Additional Details

Nearest MSA: Appleton
County: Outagamie
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Hwy 15
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Construction/Siding: Metal Siding
Heat Type: Natural Gas
Lot Frontage: 129
Lot Depth: 200
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,778 4,480 16,735
Median Age: 38.91 39.41 39.89
Households: 667 1,662 6,208

Contact

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