For Sale
$5,449,290

4661 Associated Dr Grand Chute, WI 54913

High-yield retail investment opportunity.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional retail property, located at 4661-4675 Associated Drive in Grand Chute, Wisconsin, presents a compelling investment opportunity. The property boasts a substantial 40,996 square feet of net rentable space, situated on a generous 4.26-acre lot. Built in 1985 and renovated in 2008, the building is zoned B-Commercial and offers ample parking with 225 spaces. The property is offered fee simple, encompassing both land and building. Currently generating a strong net operating income (NOI) of $422,320, this investment presents a compelling 7.75% capitalization rate at an asking price of $5,449,290. The property's location provides excellent access via Associated Drive, Casaloma Drive, and West Greenville Drive, ensuring high visibility and convenient access for customers. The lease type is NNN, minimizing landlord responsibilities. This well-maintained retail center represents a stable and profitable investment in a desirable Wisconsin location. The property's size, location, and strong financial performance make it an attractive option for investors seeking a high-yield, low-maintenance retail investment. The 54913 zip code offers a thriving commercial environment. This is a rare opportunity to acquire a well-established retail center with significant upside potential.

Highlights

  • 40,996 SF net rentable retail space on a 4.26-acre lot in Grand Chute, WI.
  • Built in 1985, renovated in 2008, zoned B-Commercial.
  • 225 parking spaces; fee-simple ownership.
  • Strong NOI of $422,320, 7.75% cap rate, asking price $5,449,290.
  • Excellent access via Associated, Casaloma, and West Greenville Drives; NNN lease.

Property Details for 4661 Associated Dr

Property type
Retail properties
Year Built/Renovated
1985/2008
Lot Size (sq. ft)
185,566 SF

Location Insight

City
Grand Chute
County
Outagamie
State
Wisconsin
Latitude
44.2737324
Longitude
-88.4753893

FAQs

What type of property is this?
Retail property - High-yield retail investment opportunity.
Where is the retail property located?
The property is located at 4661 Associated Dr Grand Chute, WI.
What is the asking price?
The asking price for this property is $5,449,290.
What are key features of this property?
This property features: 40,996 SF net rentable retail space on a 4.26-acre lot in Grand Chute, WI.; Built in 1985, renovated in 2008, zoned B-Commercial.; 225 parking spaces; fee-simple ownership.
How can I contact the broker?
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4661 Associated Dr
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