2109 Capitol DrAppleton, WI 54911

This exceptional commercial property, located at 2109 E Capitol Dr in Appleton, WI 54911, presents a compelling investment opportunity. The property encompasses two Class A office buildings totaling 15,751 net rentable square feet, situated on a 1.07-acre lot within the C-2 General Commercial District. Building A offers 7,767 square feet, while Building B provides 7,984 square feet. Currently 100% occupied with three tenants, the property boasts a strong net operating income (NOI) of $223,008 and a 9.67% cap rate. The asking price is $2,305,000. Built in 2001 and 2003, the buildings feature modern infrastructure and energy-efficient systems. The existing leases are NNN, with a remaining term of approximately two years, and include rent bumps. Lease options include two three-year renewal terms. The property's prime location near the Northeast Business Park in Outagamie County offers excellent visibility and accessibility. This is an ideal investment for those seeking a stable, high-performing commercial property with significant upside potential. The property's zoning allows for a wide range of uses, attracting diverse businesses. Recent lease renewals in 2022 and 2023 demonstrate tenant satisfaction and market demand.