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$ 4,300,000
Est. payment /mo
Price Dropped by $200K
1600 N CASALOMA DRIVE Appleton, WI 54913
24,510 SqFt
UPDATED:
12/26/2024 09:55 AM
Key Details
Property Type Commercial
Sub Type Office(s),Retail,Service,Medical
Listing Status Active
Purchase Type For Sale
Square Footage 24,510 sqft
Price per Sqft $175
MLS Listing ID 50295547
Year Built 2007
Annual Tax Amount $38,760
Lot Size 3.110 Acres
Acres 3.11
Property Sub-Type Office(s),Retail,Service,Medical
Property Description
Class A Strip Center with excellent tenant mix, mostly medical with long term leases, 7 years average, all NNN with 3,500 sq. ft. vacant for upside. Currently at 7.5 Cap Rate. All leases new in last 24 months. Financials provided with executed C/A only. Current NOI $336,000. Annual 3% Base rent increases on most leases. Onsite backup generator owned by seller.
Location
State WI
County Outagamie
Area Fv- Ne-Outagamie Cty Only
Zoning CR
Rooms
Basement Poured Concrete, None / Slab, None
Interior
Cooling Forced Air, Other, Gas
Exterior
Exterior Feature Aluminum/Steel, Block, Brick, Concrete
Building
Dwelling Type Free Standing
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Appleton Area
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Listed by Besaw Properties, Ltd