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10,800 SF Investment Opportunity 14 Tri-Park Way
10,800 SF 69% Leased Office Building Appleton, WI 54914 $1,450,000 ($134/SF) 8.10% Cap Rate
Investment Highlights
- Building has area for drive-in parking/storage
- New 3-year lease extension with the VA
- Professionally managed, with excellent location and easy access to Interstate 41
Executive Summary
• Located within a professional business park which is directly across from the Fox Valley Technical College
• Professionally managed, with excellent location and easy access to Interstate 41.
• Building has area for drive-in parking/storage.
• This location is just northeast of the interchange of Interstate 41 and Wisconsin Avenue and located next to a large regional Veterans Clinic.
The VA has been a tenant since 2008 and just completed a renovation. VA occupies 7,448 SF with another 3,355 SF available for lease. 8.1% Cap Rate based upon VA lease income alone. Excellent upside in investor return when vacant space is additionally leased.
Property Facts
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Veterans Association
- Public Administration
-
99,999 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Veterans Association | Public Administration | 99,999 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite with private window offices available immediately. Directory signage within the business park which is located directly across from the Fox Valley Technical College. Professionally managed, business park location with easy access to Interstate 41. Suite has 1,955 SF area for drive-in parking/storage with high ceilings and heated floors & floor drain. This location is just northeast of the interchange of Interstate 41 and Wisconsin Avenue and located next to the Veterans Clinic.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,355 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 3,355 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,355 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Suite with private window offices available immediately. Directory signage within the business park which is located directly across from the Fox Valley Technical College. Professionally managed, business park location with easy access to Interstate 41. Suite has 1,955 SF area for drive-in parking/storage with high ceilings and heated floors & floor drain. This location is just northeast of the interchange of Interstate 41 and Wisconsin Avenue and located next to the Veterans Clinic.
PROPERTY TAXES
| Parcel Number | 10-3-0500-00 | Improvements Assessment | $609,600 |
| Land Assessment | $146,800 | Total Assessment | $756,400 |
PROPERTY TAXES
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Power Broker Elizabeth Ringgold -
Power Broker Tom Scheuerman -
NAI Pfefferle
Presented by
10,800 SF Investment Opportunity | 14 Tri-Park Way
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