W3117 Springfield Dr | Appleton, WI 54915
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W3117 Springfield Dr
Appleton, WI 54915
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Single tenant with long term corporate lease | Large & growing day care industry
- Extremely rare 4% annual rent increases | High yield investment | 9% CAP return by year 7
- The property is surrounded by national retailers, including Walmart, Tractor Supply, HomeGoods, Starbucks, Chipotle, Dunkin’, Panda Express, and more
- 52% below market rent with strong historical occupancy
- Affluent and dynamic regional trade area with strong demographics
- Hard corner, ground-up development opportunity
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Center
Building Size
22,833 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
1.02 AC
Zoning
LC - Local Commercial
Parking
56 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
156’ on Pinecrest Boulevard
AMENITIES
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 03-0-0518-17 | Improvements Assessment | $1,683,400 |
| Land Assessment | $225,000 | Total Assessment | $1,908,400 |
PROPERTY TAXES
Parcel Number
03-0-0518-17
Land Assessment
$225,000
Improvements Assessment
$1,683,400
Total Assessment
$1,908,400
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