110 Fox River DrAppleton, WI 54913

Property Details for 110 Fox River Dr

Lot size

2.40 AC

Property type

Other commercial real estate

APN

10-1-1215-06

APU

101121506

Description

This exceptional investment opportunity presents a brand-new, 1,418-square-foot Take 5 Oil Change located at 110 N Fox River Dr, Appleton, WI 54913. Situated on a 0.64-acre lot, this property boasts a 20-year triple-net (NNN) lease with a strong corporate guarantee from Drive Funding Holdco, LLC, a company with over 3,500 units. The lease commenced upon closing and features annual rent of $105,000, with built-in 1.50% annual increases to protect against inflation. The property offers a compelling 6.25% cap rate and requires zero landlord responsibilities, making it an ideal, low-maintenance investment. Built in 2023, this single-tenant property enjoys 100% occupancy and provides a secure, long-term income stream. The property's prime location in Appleton, Outagamie County, Wisconsin, further enhances its investment appeal. This is a rare opportunity to acquire a high-performing, passively managed asset with significant long-term growth potential. The asking price is $1,680,000.

Location Insight

City

Appleton

County

Outagamie

State

Wisconsin

Latitude

44.2627

Longitude

-88.4685

CBSA code

11540

CBSA name

APPLETON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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