1600 Casaloma DrAppleton, WI 54913

This exceptional Class A strip center, located at 1600 N CASALOMA DRIVE, Appleton, WI, presents a compelling investment opportunity. The 24,510 square foot property sits on a 3.11-acre lot and boasts a diverse tenant mix, primarily comprised of medical businesses. The current Net Operating Income (NOI) stands at $336,000, yielding a 7.5% capitalization rate. A significant advantage is the long-term lease structure, with an average lease term of seven years and all leases being triple net (NNN). Most leases include an annual base rent increase of 3%, providing built-in growth potential. Furthermore, all current leases were executed within the last two years, ensuring stability and predictability. Adding to the property's value is a 3,500 square foot vacant suite, offering immediate upside potential for increased revenue. The seller owns an onsite backup generator, providing peace of mind and minimizing operational risks. Detailed financial information is available upon request with a completed confidentiality agreement. This property represents a rare opportunity to acquire a high-performing, well-maintained commercial asset in a desirable Appleton location.