211 Ann StKaukauna, WI 54130

  • Commercial real estate
  • 0.50 AC
For Sale
$1,111,111 View listing

Property Details for 211 Ann St

Lot size
0.50 AC
Property type
Commercial real estate
APN
32-4-0752-04
APU
324075204

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,501,358
    Hospitality
    $4,123,219
    Educational
    $3,430,470
    Medical
    $3,548,449
    Retail
    $5,336,286

Location Insight

City
Kaukauna
County
Outagamie
State
Wisconsin
Latitude
44.2593
Longitude
-88.2733
CBSA code
11540
CBSA name
APPLETON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,006
$125,800
$222,800
$348,600
-
$152,040
$269,274
$421,314

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