432 Prospect Ave - Freestanding FOR SALE


North Fond Du Lac, WI 54937
$450,000 USD
920-960-3898
432 Prospect Ave, North Fond Du Lac, WI for Sale
$450,000 USD
Freestanding - FOR SALE
1/36
null | 8.12% Cap Rate

432 Prospect Ave
North Fond Du Lac, WI 54937


HIGHLIGHTS

  • Passive Investment Opportunity
  • 5 Year Lease Extension
  • 10 Years of Previous Success!

OVERVIEW

Attention Commercial Investors! A well known Salon & Spa tenant that's already had 10 Successful Years has just agreed to a 5 Year Lease Extension that will result in an 8.12 Cap Rate starting November 1st! The property is in Great Condition and is located on Prospect Ave which is a Main Thoroughfare in North Fond du Lac. The Landlord has minimal responsibilities making this a very passive investment. The tenant pays all utilities and maintains all interior contents/fixtures. This property consists of 5 adjacent parcels totaling almost an Acre and has plenty of paved parking. The corner parcel is buildable as a future development as well which adds plenty of value to this investment. Call now for more information and lock in the Cash Flow! (All Salon Equipment/Furniture/Fixtures belongs to tenant. The rear alley is owned by the Village but maintained by owner.)

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$79 USD /SF

CAP RATE

8.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Create Salon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

B-1

APN/PARCEL ID

V05-16-17-99-FO-727-00

ASK ABOUT THIS PROPERTY

Jason ZellnerZellner Real EstateMore Info
920-960-3898

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Jason ZellnerZellner Real EstateMore Info
920-960-3898

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