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1977 American Dr 10,020 SF 100% Leased Office Building Neenah, WI 54956 $750,000 ($74.85/SF) 9.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Visible from Interstate 41 with easy access to Highway 10 and Interstate 41
- Owner would move for buyer wanting to occupy
- +/- 1,700 SF owner occupied, balance leased
- 9.75% Cap as self-managed, 100% leased
EXECUTIVE SUMMARY
Visible from Interstate 41 with easy access to Highway 10 and Interstate 41. 9.75% Cap as self-managed, 100% leased outside of space that owner currently occupies!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,020 SF
Building Class
B
Year Built
1977
Price
$750,000
Price Per SF
$74.85
Cap Rate
9.75%
NOI
$73,125
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,010 SF
Slab To Slab
9’
Building FAR
0.13
Lot Size
1.76 AC
Zoning
B-3 - General Business dist.
PROPERTY TAXES
| Parcel Number | 008-024903 | Improvements Assessment | $519,600 |
| Land Assessment | $75,700 | Total Assessment | $595,300 |
PROPERTY TAXES
Parcel Number
008-024903
Land Assessment
$75,700
Improvements Assessment
$519,600
Total Assessment
$595,300
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1977 American Dr
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