2400 S Kensington Dr - Storefront Retail/Office FOR SALE


Appleton, WI 54915- South Appleton
$3,059,970 USD
612-413-4200
2400 S Kensington Dr, Appleton, WI for Sale
$3,059,970 USD
Storefront Retail/Office - FOR SALE
1/5
null | 6.75% Cap Rate

2400 S Kensington Dr
Appleton, WI 54915
South Appleton


HIGHLIGHTS

  • Fully Leased Investment
  • Excellent Visibility
  • Located in a Thriving Retail Corridor
  • Established Regional Market
  • Great Demographics

OVERVIEW

Fully Leased Investment - The property is 100% leased to multiple tenants with four out of five tenants operating under NNN leases. Excellent Visibility - Positioned along Tri-County Expressway (Hwy 441) with exposure to 42,900 VPD. Located in a Thriving Retail Corridor - Positioned in the growing Appleton market, surrounded by established retail, service, and residential developments. Property is situated next door to a high traffic Aldi, which Placers in the top 3% of Aldi's nationwide. Established Regional Market - Appleton is a key city within the Fox Cities, a dynamic regional market of over 406,000 people in northeastern Wisconsin. As the sixth-largest city in the state, Appleton benefits from the economic strength of the broader metropolitan area. Great Demographics - Located only 30 miles south and west of Green Bay and just north of Lake Winnebago. Appleton's population has been consistently growing for decades. The area within a ten-mile radius of the property has a population exceeding 250,000, with an average household income of over $105,000.

FOR SALE DETAILS

PRICE

$3,059,970 USD

PRICE/SF

$204 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kensington Strip Center | Appleton, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

97

LAND DETAILS

LAND ACRES

2.78 AC

LAND SF

121,097 SF

ZONING

Commercial

APN/PARCEL ID

31-9-5000-11

ASK ABOUT THIS PROPERTY

Brian BriskyBrisky Net LeaseMore Info
612-413-4200

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Brian BriskyBrisky Net LeaseMore Info
612-413-4200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.