1600-1688 N Casaloma Dr - Retail FOR SALE


Grand Chute, WI 54913
$4,300,000 USD
920-680-8080
1600-1688 N Casaloma Dr, Grand Chute, WI for Sale
$4,300,000 USD
Retail - FOR SALE
1/28
null | 7.81% Cap Rate

1600-1688 N Casaloma Dr
Grand Chute, WI 54913


HIGHLIGHTS

  • Prime Commercial Space
  • Class A Stip Center
  • Long Term NNN Leases
  • Current NOI $336,000
  • 7.5 Cap Rate
  • 3,500 Sq Ft. Vacant

OVERVIEW

Prime Commercial Office FOR SALE Ideal use is office space for companies or individuals at an ideal location in Appleton. Besaw Properties LTD is pleased to offer, for sale, this commercial office building at 1600-1688 N. Casaloma Drive in Appleton, WI. This Class A strip center has an excellent tenant mix. Mostly medical with long term NNN leases, 7 years average. 3,500 sq. ft. vacant for upside. Currently at 7.5 cap rate. All leases are new in the last 24 months. Annual 3% base rent increases on most leases. Current NOI $336,000. Financials provided with executed C/A only. Onsite backup generator owned by seller.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

7.81%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trasino Landing

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Office/Residential, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

91

LAND DETAILS

LAND ACRES

3.11 AC

LAND SF

135,472 SF

ZONING

Commercial Regional Distr

APN/PARCEL ID

101-089700

ASK ABOUT THIS PROPERTY

Tim BesawBesaw Properties, Ltd.More Info
920-680-8080

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Tim BesawBesaw Properties, Ltd.More Info
920-680-8080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.