For Sale
$1,111,111

211 Ann St Kaukauna, WI 54130

High-Yield NNN Lease in Wisconsin

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a newly renovated Valvoline auto shop located at 211 E Ann St, Kaukauna, WI 54130. The property boasts a 14.2-year remaining lease term (expiring 01/31/2039) with a credit-rated tenant, offering significant long-term security. The 0.51-acre lot includes 12 parking spaces and benefits from a prime location on Crooks Ave, Kaukauna's main retail thoroughfare, ensuring high visibility and accessibility. The property underwent a complete renovation in 2024. The NNN lease structure minimizes landlord responsibilities, while the 10% rent bumps every five years provide built-in growth potential. The current NOI is $65,000, resulting in a 5.85% cap rate. Built in 1995, this single-tenant property is situated within the Appleton MSA, a thriving market with a population of 68,657 and an average household income of $108,184 within a 5-mile radius. The asking price is $1,111,111. This investment offers a compelling combination of strong tenant credit, a desirable location, and substantial long-term income potential, making it an ideal addition to any diversified portfolio. The property's APN is 324075204.

Highlights

  • 15-Year NNN Lease with Valvoline, including three 5-year options and 10% rent escalations every five years.
  • High-visibility corner location on Crooks Ave, Kaukauna's main retail thoroughfare.
  • Strong demographics in the Appleton MSA: 68,657 population and $108,184 average household income within 5 miles.

Property Details for 211 Ann St

Property type
Retail properties, Auto shops
Year Built/Renovated
1995/2024
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Kaukauna
County
Outagamie
State
Wisconsin
Latitude
44.2593401
Longitude
-88.2733572
211 Ann St, Kaukauna, Wisconsin

FAQs

What type of property is this?
Retail property - High-Yield NNN Lease in Wisconsin
Where is the retail property located?
The property is located at 211 Ann St Kaukauna, WI.
What is the asking price?
The asking price for this property is $1,111,111.
What are key features of this property?
This property features: 15-Year NNN Lease with Valvoline, including three 5-year options and 10% rent escalations every five years.; High-visibility corner location on Crooks Ave, Kaukauna's main retail thoroughfare.; Strong demographics in the Appleton MSA: 68,657 population and $108,184 average household income within 5 miles.
How can I contact the broker?
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211 Ann St
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