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- LoopNet Team
216 State St
Oshkosh, WI 54901
Northwestern Building · Property For Lease

HIGHLIGHTS
- Opportunity Zone property with Income and redevelopment upside
- 37,000 vacant sf suitable for a variety of uses including Office, Retail, Restaurant, and Residential Space
- Renovated in 2019 and all Due Diligence is current
- State and Federal tax credits, PACE, TIF, & business development tax credits available
- 20,387 SF leased to the Daily Northwestern for the next 4.5 years at 192,600 NNN
PROPERTY OVERVIEW
HMX Realty Advisors exclusively presents for lease or sale 226 214 State Street Oshkosh WI, a historic 57,280 square foot office building. The Daily Northwestern, a wholly-owned subsidiary of Gannett (NYSE: GCI) currently leases 20,387 sf of the property for the next 4.5 years for $192,600 per year triple net. The balance of the property is vacant and available for lease at $6 --$11 PSF. Based on the Daily Northwestern income the property is for sale at a 12 cap. It is on the National Register of Historic Places and is located in a recently established Opportunity Zone in the center of downtown Oshkosh, Wisconsin. This building can be subdivided with separate entrances and is suitable for a variety of uses. The Daily Northwestern lease expires on April 31, 2024 and the rent is flat. There are two 3 year options to renew each wi th a 15% escalation. For the complete history of the Daily Northwestern click History of Daily Northwestern
- 24 Hour Access
- Fireplace
- Skylights
- Basement
- Central Heating
- High Ceilings
- Natural Light
- Open-Plan
- Partitioned Offices
- Air Conditioning
- Balcony
PROPERTY FACTS
Listing ID: 19351515
Date on Market: 4/27/2020
Last Updated:
Address: 216 State St, Oshkosh, WI 54901
The Downtown Oshkosh Office Property at 216 State St, Oshkosh, WI 54901 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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