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122 E College Ave - City Center East 31,878 SF Office Condo Unit Offered at $3,067,977 in Appleton, WI 54911



INVESTMENT HIGHLIGHTS
- First Class Office Condominium Unit, located in the heart of downtown Appleton
- Tenant spent substantial tenant improvement dollars for remodel
- Building has high quality interior finishes, private offices, open area for workstations
- Building has one (1) passenger elevator, one (1) freight elevator and two (2) enclosed truck doors
EXECUTIVE SUMMARY
First Class Office Condominium Unit, located in the heart of Downtown Appleton.
PROPERTY FACTS
| Total Building Size | 164,695 SF | Year Built | 1970 |
| Property Type | Office (Condo) | Lot Size | 1.43 AC |
| Building Class | C | Parking Ratio | 4.86/1,000 SF |
| Floors | 4 | Opportunity Zone |
Yes
|
| Typical Floor Size | 41,174 SF | ||
| Zoning | IL1 - Commercial | ||
| Total Building Size | 164,695 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 41,174 SF |
| Year Built | 1970 |
| Lot Size | 1.43 AC |
| Parking Ratio | 4.86/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | IL1 - Commercial |
AMENITIES
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Property Manager on Site
- Signage
- Storage Space
- Air Conditioning
1 UNIT AVAILABLE
Unit 202-204-20
| Unit Size | 31,878 SF | Sale Type | Investment |
| Price | $3,067,977 | Cap Rate | 9.34% |
| Price Per SF | $96.24 | NOI | $286,478 |
| Condo Use | Office |
| Unit Size | 31,878 SF |
| Price | $3,067,977 |
| Price Per SF | $96.24 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 9.34% |
| NOI | $286,478 |
DESCRIPTION
This is for Condos (Unit 204 - 30,394 sq. ft; Unit 205 - 421 sq. ft. and Unit 206 - 435 sq. ft.)
SALE NOTES
Current tenant is Azco with current term 1/2/23-12/31/28 with two 5 year options.
1 1
Walk Score®
Walker's Paradise (93)
1 of 92
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122 E College Ave - City Center East
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