Log In/Sign Up
Your email has been sent.
1619 W. Wisconsin, Appleton 1619 W Wisconsin Ave 5,513 SF Retail Building Appleton, WI 54914 $977,000 ($177.22/SF) 5.50% Cap Rate
Investment Highlights
- Long-term tenant (20+ years) - Safelite Auto Glass
- NNN lease through April 2029
- 3% annual rent increases
- Corporate Guarantee
- Pylon Sign
- New roof installed Nov. 2023 with 20-year guarantee
Executive Summary
This single-tenant NNN investment offers a stable, long-term national tenant, Safelite Auto Glass, who has occupied the building since 2004. The lease runs through April 2029 and provides reliable cash flow with 3% annual rent increases. The lease has a corporate guarantee. Rents remain below market, providing a compelling value-add opportunity upon renewal or re-tenanting. A new roof installed in November 2023 with a 20-year guarantee further reduces near-term capital expenditure risk.
Situated at a high-visibility corner location on Wisconsin Avenue, this property benefits from strong traffic counts, established surrounding retail, and central Appleton positioning. This is a low-maintenance, income-producing asset ideal for 1031 buyers or investors seeking predictable returns with minimal landlord responsibilities.
All showings coordinated with tenant; advance notice needed.
Situated at a high-visibility corner location on Wisconsin Avenue, this property benefits from strong traffic counts, established surrounding retail, and central Appleton positioning. This is a low-maintenance, income-producing asset ideal for 1031 buyers or investors seeking predictable returns with minimal landlord responsibilities.
All showings coordinated with tenant; advance notice needed.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,513 SF
Building Class
C
Year Built
1970
Price
$977,000
Price Per SF
$177.22
Cap Rate
5.50%
NOI
$53,733
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.43 AC
Zoning
C-2
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 31-5-0001-00 | Improvements Assessment | $520,800 |
| Land Assessment | $110,500 | Total Assessment | $631,300 |
Property Taxes
Parcel Number
31-5-0001-00
Land Assessment
$110,500
Improvements Assessment
$520,800
Total Assessment
$631,300
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1619 W. Wisconsin, Appleton | 1619 W Wisconsin Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.