Nicolet Square 213-259 S Nicolet Rd 20,883 SF 100% Leased Retail Building Appleton, WI 54914 $3,673,000 ($175.88/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- $3,673,000 at 7.75% CAP
- Abundant Parking
- 1 Block from Interstate 41/College Ave
- Fully Leased/Occupied 5 Tenants -- Fox Cities Conv/Visitor Center, Agea Spa, Optivision, Advent ENT, Raymond James
- An Excellent 1031 Exchange opportunity
- High-end Professional Tenants
EXECUTIVE SUMMARY
Nicolet Square Center (NSC) was built as a Class A facility. NSC has been under one ownership since 1998 and several years ago subject ownership initiated an aggressive program to invest in and attract high-end professional long-term Tenants. NSC now has a Class A well-established professional Tenant base and can claim potentially the longest leases of any other Center in the Fox Valley area. An Excellent 1031 Exchange opportunity. Professionally Managed by Bechard Group, Inc.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
20,883 SF
Building Class
B
Year Built
1996
Price
$3,673,000
Price Per SF
$175.88
Cap Rate
7.75%
NOI
$284,658
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.22 AC
Zoning
CP - COMMERCIAL
Frontage
AMENITIES
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Space has numerous Exam/Patient Rooms and can be used for Professional Office, Medical, or Retail. Signage on Building and Pylon Best location in the Fox Cities Outstanding location just south of College Avenue near other major local and national retailers, and hotels. Neighbors include: Advent, Raymond James, Agea Spa, Fox Cities Convention & Visitors Bureau
| Space | Size | Space Use | Position | Available |
| 223 | 5,284 SF | Office/Medical | - | Jun 2025 |
223
| Size |
| 5,284 SF |
| Space Use |
| Office/Medical |
| Position |
| - |
| Available |
| Jun 2025 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-1-1217-07 | Improvements Assessment | $1,410,100 |
| Land Assessment | $755,500 | Total Assessment | $2,165,600 |
