Flex Space Near Major
New
For Sale
Contact for pricing
222 Washington St, Menasha, WI 54952
Suitable for warehouse, storage, light manufacturing, contractor, and distribution operations.
Property Size14,752 SF
Price / SF$60.94
Days on Market4
Property Features for 222 Washington St
General Information
Standard status
Active
Size
14,752 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
NAI Pfefferle
(920) 560-5061
Listed By:
Elizabeth Ringgold
Source:
Moodyscre
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 3 at 10:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Pfefferle
Investment Insights
Based on property information with market context.
This 14,752-square-foot flex space at 222 Washington St is offered within a three-property portfolio that also includes 218 and 220 Washington St in Menasha. The property is positioned for warehouse, storage, flex, light manufacturing, contractor, and distribution uses.
The site is in an established industrial and commercial area with access to Highway 441 and I-41. Routes connect the property with Appleton, Neenah, Oshkosh, and Green Bay, while downtown Menasha and Neenah amenities are nearby. Appleton International Airport is less than 15 minutes away, and the property provides truck access to industrial corridors across Northeast Wisconsin.
The site is in an established industrial and commercial area with access to Highway 441 and I-41. Routes connect the property with Appleton, Neenah, Oshkosh, and Green Bay, while downtown Menasha and Neenah amenities are nearby. Appleton International Airport is less than 15 minutes away, and the property provides truck access to industrial corridors across Northeast Wisconsin.
Key Highlights
- 14,752‑square‑foot flex space at 222 Washington St
- Part of a portfolio including 218 and 220 Washington St, Menasha, WI
- Near Highway 441 and I‑41
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.1k | $7.80 |
| − Vacancy | −$10.7k | −$0.73 |
| EGI | $104.3k | $7.07 |
| − OpEx | −$31.3k | −$2.12 |
| NOI | $73.0k | $4.95 |
14,752 SF · lease $7.80/SF/yr · vacancy 9.33% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.86M
$1.63M – $2.17M
NOI $130,412 @ 7.0% cap · market cap 14.51%
Second Best
Warehouse
$1.27M
$1.11M – $1.48M
NOI $88,680 @ 7.0% cap · market cap 9.86%
Theoretical Best
Office A
$3.18M
$2.79M – $3.71M
NOI $222,880 @ 7.0% cap · market cap 24.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54952, WI
27,216
Population
12,412
Households
2.2
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
969
Density / Sq Mi
$67,280
Median Household Income
$44,765
Median Earnings
$906
Median Rent
$190,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Suitable for warehouse, storage, light manufacturing, contractor, and distribution operations.
Where is this flex space located?
The property is located at 222 Washington St Menasha, WI.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 14,752‑square‑foot flex space at 222 Washington St; Part of a portfolio including 218 and 220 Washington St, Menasha, WI; Near Highway 441 and I‑41
