300 N Commercial St | Neenah, WI 54956
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300 N Commercial St
Neenah, WI 54956
Fresenius Medical Care of Neenah, WI · Office Property For Sale
Investment Highlights
- "ESSENTIAL BUSINESS" INVESTMENT - Given current market conditions, the importance of owning essential business assets have become paramount.
- MINIMAL LANDLORD RESPONSIBILITIES - The landlord is responsible for replacement of roof, structure, parking, and HVAC.
- CORPORATELY GUARANTEED - The Fresenius lease is backed by a corporate guarantee from Fresenius’ parent company Fresenius Medical Care Holdings, Inc.
- RENTAL RATE ESCALATIONS - Base rental rate escalations of 10% in 2023.
- FACILITY LOCATION - The subject property is adjacent to the campus of ThedaCare Medical Center-Neenah, a 182-bed, short-term acute care hospital.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
15,000 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,500 SF
Building FAR
0.41
Lot Size
0.83 AC
Zoning
C2
Parking
63 Spaces (4.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 03-00300000 | Improvements Assessment | $3,628,000 |
| Land Assessment | $197,000 | Total Assessment | $3,825,000 |
PROPERTY TAXES
Parcel Number
03-00300000
Land Assessment
$197,000
Improvements Assessment
$3,628,000
Total Assessment
$3,825,000
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