1175 W Winneconne Ave
Neenah, WI 54956
Kohl's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Double Net Lease (NN) | More Than 10 Years Remaining
- Adjacent to & Shared Parking Lot with Walmart Supercenter
- Commitment to Location | Kohl’s Recently Extended the Lease for an Additional 10 Years
- Hedge Against Inflation | Base Rent Increases Every 5 Years
- Ideally Located Along Winneconne Ave & Adjacent to I-41 Exit Ramp | Combined for More Than 98,500 Vehicles Per Day (VPD)
- Strong Local Demographics | Average Household Income Greater Than $79,400 Within 5 Miles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
86,854 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
8.87 AC
Zoning
I1
Parking
376 Spaces (4.32 Spaces per 1,000 SF Leased)
ABOUT 1175 W WINNECONNE AVE , NEENAH, WI 54956
SAB is pleased to present Kohl’s in Neenah, WI. Kohl’s operates under a double net lease structure, with 10 years remaining, with rent bumps every 5 years, providing a hedge against inflation. The lease is corporately guaranteed by Kohl’s Department Stores, Inc. (S&P: BBB) which operates more than 1,100 locations throughout the country with a sales volume of $20.23 Billion. The subject property is highly ideally located on Winneconne Ave and shares a parking lot with an adjacent Walmart Supercenter. Kohl’s has shown a strong commitment to this location by recently extending its lease for an additional 10 years.
PROPERTY TAXES
| Parcel Number | 07-1013-0000 | Improvements Assessment | $7,532,500 |
| Land Assessment | $2,058,500 | Total Assessment | $9,591,000 |
